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NOVTU NASDAQ

Novanta Inc. Tangible Equity Units
1W: -1.3% 1M: -9.6% 3M: +4.0% YTD: +18.8%
$60.27
-0.59 (-0.97%)
 
Weekly Expected Move ±5.9%
$54 $57 $61 $64 $68
NASDAQ · Technology · Hardware, Equipment & Parts · Alpha Radar Strong Sell · Power 32 · $2.1B mcap · 35M float · 0.196% daily turnover · Short 79% of daily vol
Smart Money Score
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Insider
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ETF Holdings
Key Statistics
Market Cap$2.1B
52W Range47.57-75.07
Volume6,265
Avg Volume69,159
Beta1.68
Dividend$1.53
Analyst Ratings
No analyst coverage
Company Info
CEOMatthijs Glastra
Employees3,000
SectorTechnology
IndustryHardware, Equipment & Parts
IPO Date1999-03-24
125 Middlesex Turnpike
Bedford, MA 01730
US
781 266 5700
About Novanta Inc. Tangible Equity Units

Novanta Inc. specializes in the development, manufacturing, and global commercialization of advanced components and integrated sub-systems across photonics, vision, and precision motion technologies. Catering to original equipment manufacturers (OEMs), its solutions are vital for medical and industrial applications worldwide. The company's Photonics segment delivers sophisticated solutions, encompassing laser scanning, beam delivery systems, various laser types (CO2, solid state, ultrafast), and optical light engines. These innovations find applications in industrial processing, precise measurement (metrology), medical and life science imaging, genetic sequencing, and diverse medical laser interventions. The Vision division supplies an array of medical-grade technologies, such as insufflators, pumps, and related disposables, alongside advanced visualization solutions. It also offers wireless communication, video recording devices, and video integration systems specifically designed for operating room environments, in addition to optical data acquisition, machine vision, radio frequency identification (RFID), thermal chart recorders, spectrometry, and embedded touchscreen technologies. Furthermore, its Precision Motion segment provides expertise in optical and inductive encoders, high-precision motors, advanced servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-effectors, and air bearing systems, including spindles. Novanta Inc. employs a diverse sales strategy, leveraging its direct sales force alongside resellers, distributors, and system integrators. Its extensive product portfolio is marketed under a collection of well-known brands, including Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind. Tracing its origins to 1968, Novanta Inc. was formerly known as GSI Group, Inc., adopting its current name in May 2016. The company's headquarters are situated in Bedford, Massachusetts.

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms