Trimble Navigation Limited (TRMB) Shares are Up 2.41%

Trimble Navigation Limited (TRMB) has been under a strong bear grip, hence the stock is down -6.65% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.78% in the past 1 week. The stock has risen by 2.41% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.35% in the past 4 weeks.

Trimble Navigation Limited (NASDAQ:TRMB): The stock opened at $26.05 on Friday but the bulls could not build on the opening and the stock topped out at $26.20 for the day. The stock traded down to $25.77 during the day, due to lack of any buying support eventually closed down at $25.93 with a loss of -0.77% for the day. The stock had closed at $26.13 on the previous day. The total traded volume was 894,936 shares.


The stock has recorded a 20-day Moving Average of 3.93% and the 50-Day Moving Average is 3.24%. Trimble Navigation Limited is up 0.43% in the last 3-month period. Year-to-Date the stock performance stands at 20.89%.

Trimble Navigation Limited is a provider of technology solutions for professionals and field mobile workers. The Company operates through four segments: Engineering and Construction, Field Solutions, Mobile Solutions and Advanced Devices. The Engineering and Construction segment provides heavy civil construction, building construction and geospatial solutions. The Field Solutions segment offers positioning systems, automated application systems, and data collection and integration systems. The Mobile Solutions segment includes its Transportation and Logistics, and Field Service Management businesses. The Advanced Devices segment includes its Embedded Technologies, Military and Advanced Systems, and ThingMagic businesses. Its brands include Trimble, PeopleNet, GEOTrac and TMW. In addition, it offers TILOS software, which merges both location and schedule into one combined time and distance graphical view, and FlexiCadastre software, which provides land management solution.

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