Nanometrics Up 30% After Hitting 52-Week High (NANO)

Shares of Nanometrics Incorporated NANO are trading up 30% at $17.49 per share during the Friday afternoon trading session. The company announced on Thursday after the market closed that it will release its 4th quarter and fiscal year 2010 financial results after market closes on February 10, 2011. The day's range for shares of Nanometrics Incorporated has been between $13.75 and a 52-week high of $17.96 per share. The average price target of analysts who cover Nanometrics Incorporated (NANO) is $17.25 per share. Volume of 4.5 million shares is far above the daily average volume of 338,000 shares. Nanometrics Incorporated is a leading provider of advanced, high-performance process control metrology systems used primarily in the fabrication of semiconductors, high-brightness LEDs, data storage devices and solar photovoltaics. Read more from Benzinga's Company news.