Overall market sentiment has been high on Trimble Inc (TRMB) stock lately. TRMB receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Trimble Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TRMB!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With TRMB Stock Today?
Trimble Inc (TRMB) stock is trading at $46.00 as of 1:50 PM on Wednesday, Nov 29, a rise of $1.34, or 3% from the previous closing price of $44.66. The stock has traded between $44.89 and $46.17 so far today. Volume today is 1,580,393 compared to average volume of 1,740,110.
To see InvestorsObserver's Sentiment Score for Trimble Inc click here.
More About Trimble Inc
Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies. Its products portfolio includes 3D laser scanning, flow and application control systems, monitoring systems, water management, and navigation infrastructure. It also manufactures laser and optics-based products, and GPS products. The company serves various industries which include agriculture, architecture, civil engineering, survey and land administration, construction, geospatial among others. The company operates in four reportable segments namely, Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. It derives most of its revenues from the US and Europe with the rest coming from the Asia Pacific and other markets.
Click Here to get the full Stock Report for Trimble Inc stock.
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