Novanta Inc. Tangible Equity Units (NOVTU:NASDAQ) closed at $59.73 on October 23, 2026, up 1.50% on the day. The stock trades 22.4% below its 52-week high of $76.95 and 25.6% above its 52-week low of $47.57. Novanta Inc. Tangible Equity Units is part of the Capital Goods sector.
In 240 trading sessions since November 10, 2025, NOVTU closed higher on 120 days (50%). Its best day was May 12, 2026 (+11.03%) and its worst was July 7, 2026 (-8.31%). The stock moved 10% or more in a single session 1 time. It opened at least 5% above the previous day's high 7 times.
Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets. The firm operates in three segments: photonics, vision, and precision motion. The photonics segment, which sells photonics-based products that include carbon dioxide lasers, laser scanning, super-resolution imaging lasers, and laser beam delivery items. The vision segment sells medical-grade technologies, including visualization solutions, imaging informatics products, and thermal printers contributing the majority of revenue. The precision motion segment sells optical encoders, motion control technology, and precision machined components. The firm generates the majority of its revenue from the United States and Europe.
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