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Initiating Research Reports on Scientific & Technical Instruments Equities -- Fitbit, Cognex, Trimble, and Fortive
[July 14, 2017]

Initiating Research Reports on Scientific & Technical Instruments Equities -- Fitbit, Cognex, Trimble, and Fortive

NEW YORK, July 14, 2017 /PRNewswire/ --

If you want a Stock Review on FIT, CGNX, TRMB or FTV then come over to and sign up for your free customized report today. Companies in the Scientific and Technical Instruments industry manufacture instruments that are used primarily for laboratory analysis of chemical or physical properties. Major products include chromatographic instruments, mass spectrometers, pH meters, and thermal analysis systems. This morning, directs investors' attention to these four stocks:  Fitbit Inc. (NYSE: FIT), Cognex Corp. (NASDAQ: CGNX), Trimble Inc. (NASDAQ: TRMB), and Fortive Corp. (NYSE: FTV). This morning's free research reports on the aforesaid equities are available upon registration on at:


San Francisco, California headquartered Fitbit Inc.'s stock finished Thursday's session 6.16% higher at $5.69. A total volume of 10.63 million shares was traded, which was above their three months average volume of 6.92 million shares. The Company's shares have advanced 9.00% in the past month and 3.83% over the previous three months. The stock is trading above its 50-day moving average by 4.25%. Furthermore, shares of Fitbit, which designs and sells connected health and fitness tracking devices, have a Relative Strength Index (RSI) of 63.47.

On June 20th, 2017, Fitbit and the Minnesota Timberwolves announced that the former is now the "Official Wearable" and "Official Sleep Tracker" of the Minnesota Timberwolves, Minnesota Lynx, and Iowa Wolves in a new, three-year partnership that extends to the court, arena, back-office, and fans. The global wearables brand will provide access to devices to all three teams, including business and basketball staffs, offering personalized insights that can be used to gain a competitive advantage and improve performance throughout the organization.

On June 23rd, 2017, research firm Stifel reiterated its 'Hold' rating on the Company's stock with a decrease of the target price from $7 a share to $6 a share. Visit us today and access our complete research report on FIT at:


Shares in Natick, Massachusetts headquartered Cognex Corp. ended at $89.38, declining 0.85% from the last trading session. The stock recorded a trading volume of 758,485 shares. The Company's shares have gained 9.83% in the previous three months and 40.49% on an YTD basis. The stock is trading 22.31% above its 200-day moving average. Moreover, shares of Cognex, which provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide, have an RSI of 49.28.

On June 29th, 2017, Cognex announced that it will release earnings for Q2 2017 on July 31st, 2017, after the market closes, and will host a conference call that same day at 5:00 p.m. ET. The earnings release and conference call are scheduled to coincide with the Company's expected filing of its Form 10-Q for the quarter ended July 02nd, 2017. The complimentary report on CGNX can be downloaded at:


Sunnyvale, California headquartered Trimble Inc.'s stock ended yesterday's session 0.27% lower at $37.26 with a total trading volume of 776,252 shares. The Company's shares have advanced 2.03% in the past month, 20.82% over the previous three months, and 23.58% on an YTD basis. The stock is trading 3.17% and 18.18% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Trimble, which provides technology solutions to enhance the work processes of office and mobile field professionals worldwide, have an RSI of 61.71.

On July 13th, 2017, Trimble announced that it is collaborating with Propeller Aero to distribute its Unmanned Aircraft System (UAS) analytics platform. Propeller, based in Sydney and Denver, is a leader in the advanced collection, visualization and analysis of data from UAS. Its simple, automated ground control targets, cloud-based visualization and rapid analysis platform will also be integrated with Trimble® Connected Site® solutions to bring an end-to-end, cloud-based UAS solution to civil engineering and construction contractors. Register for free on and access the latest research report on TRMB at:


On Thursday, shares in Everett, Washington-based Fortive Corp. recorded a trading volume of 869,379 shares. The stock finished 0.48% lower at $64.39. The Company's shares have advanced 1.77% in the last one month, 6.43% in the previous three months, and 20.06% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.89% and 12.32%, respectively. Furthermore, shares of Fortive, which owns and operates industrial units that manufacture testing and measurement equipment, have an RSI of 55.66.

On June 29th, 2017, Fortive announced that it will webcast its earnings conference call for Q2 2017 on July 27th, 2017, at 5:30 p.m. ET. The call and an accompanying slide presentation will be webcast under the "Investors" section of the Company's website. Get free access to your research report on FTV at:


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