DRW Securities LLC Buys Shares of 32,465 Varex Imaging Co. (NASDAQ:VREX)

DRW Securities LLC bought a new position in Varex Imaging Co. (NASDAQ:VREX) in the 3rd quarter, Holdings Channel reports. The firm bought 32,465 shares of the company’s stock, valued at approximately $387,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Innealta Capital LLC bought a new stake in shares of Varex Imaging in the second quarter valued at about $26,000. Canada Pension Plan Investment Board purchased a new position in Varex Imaging during the 2nd quarter valued at about $38,000. Quest Partners LLC bought a new stake in shares of Varex Imaging in the 3rd quarter valued at about $41,000. Pacific Center for Financial Services purchased a new stake in shares of Varex Imaging in the 1st quarter worth approximately $94,000. Finally, CWM LLC boosted its stake in shares of Varex Imaging by 2,384.2% during the third quarter. CWM LLC now owns 9,589 shares of the company’s stock valued at $114,000 after purchasing an additional 9,203 shares in the last quarter.

Varex Imaging Trading Up 0.7 %

VREX opened at $16.51 on Wednesday. The company has a current ratio of 3.32, a quick ratio of 1.97 and a debt-to-equity ratio of 0.72. The business’s 50-day moving average is $12.90 and its two-hundred day moving average is $13.48. Varex Imaging Co. has a 1 year low of $10.19 and a 1 year high of $21.50.

Analysts Set New Price Targets

Separately, B. Riley began coverage on shares of Varex Imaging in a research note on Friday, August 23rd. They issued a “buy” rating and a $21.00 price objective for the company.

Varex Imaging Profile

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.