Shares of Fitbit Inc (FIT) stock are down nearly 4% Monday and down more than 8% over the past week. FIT stock is higher by 3.20% over the last 12 months, and the average rating from Wall Street analysts is a Hold. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives FIT stock a score of 30 out of a possible 100.
That score is primarily influenced by a fundamental score of 15. In addition to the average rating from Wall Street analysts, FIT stock has a mean target price of $6.43. This means analysts expect the stock to climb 17.12% over the next 12 months. FIT’s score also includes a long-term technical score of 35. The short-term technical score for FIT is 41.
What’s Happening with FIT Stock Today
Fitbit Inc (FIT) stock has fallen -3.77% while the S&P 500 has fallen -0.27% as of 11:16 AM on Monday, Apr 15. FIT has fallen -$0.22 from the previous closing price of $5.71 on volume of 2,129,030 shares. Over the past year the S&P 500 is up 8.28% while FIT is higher by 3.20%. FIT lost -$0.76 per share in the over the last 12 months.