Garmin Ltd. (GRMN) Shares are Down -7.69%

Garmin Ltd. (GRMN) : During the past 4 weeks, traders have been relatively bearish on Garmin Ltd. (GRMN), hence the stock is down -7.41% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.08% relative to the S&P 500. The 4-week change in the price of the stock is -7.6% and the stock has fallen -7.69% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 7.65% and the fifty day Moving Average is 4.25%. Garmin Ltd. is up 21.83% in the last three month period. Year-to-Date the stock performance stands at 38.48%.

Garmin Ltd. (GRMN) stock is expected to deviate a maximum of $2.08 from the average target price of $47.67 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $50 and the most muted being $46.


Garmin Ltd. (NASDAQ:GRMN): On Fridays trading session , Opening price of the stock was $50.7 with an intraday high of $50.9. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $49.96. However, the stock managed to close at $50.2, a loss of 0.63% for the day. On the previous day, the stock had closed at $50.52. The total traded volume of the day was 1,304,339 shares.

Garmin Ltd. (Garmin) is a provider of navigation, communications and information devices, which are enabled by Global Positioning System (GPS) technology. The Company operates through five business segments: marine, outdoor, fitness, automotive/mobile, and aviation markets. It designs, develops, manufactures, markets and distributes a family of hand-held, wearable, portable and fixed-mount GPS-enabled products and other navigation, communications, sensor-based and information products. It offers a range of automotive navigation products, as well as a range of products and applications designed for the mobile GPS market. It offers a range of products designed for use in outdoor activities. It offers a range of products designed for use in fitness and activity tracking. Garmin offers a range of products designed for use in the recreational marine industry. Garmins aviation product line includes GPS-enabled navigation, and electronic flight instrumentation systems (EFIS), among others.

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