Trimble Navigation (NASDAQ:TRMB) traded at a new 52-week high today of $63.83. So far today approximately 372,000 shares have been exchanged, as compared to an average 30-day volume of 675,000 shares.
In the past 52 weeks, Trimble Navigation share prices have been bracketed by a low of $40.02 and a high of $63.83 and are now at $63.41, 58% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.7%.
Trimble Navigation Limited designs, manufactures, and markets electronic products, enabled by Global Positioning System technology, that determine precise geographic location. The Company's products are integrated systems for collecting, analyzing, and displaying position data in forms optimized for specific end-user applications.
Based on a current price of $63.41, Trimble Navigation is currently 0.2% above its average consensus analyst price target of $63.30. The stock should discover initial support at its 50-day moving average (MA) of $58.15 and subsequent support at its 200-day MA of $50.73.
