On Tuesday, Shares of Fitbit Inc (NYSE:FIT), lost -5.19% to $32.33.
Moments ago, Trader’s Choice released new research updates concerning several important developing situations counting the following equities: LinkedIn Corp. (LNKD), Micron Technology Inc. (MU), Alexion Pharmaceuticals Inc. (ALXN) and Fitbit Inc. (FIT). Trader’s Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
Highlights from recently’s reports comprise:
On Monday, December 7, 2015, the NASDAQ Composite ended at 5,101.81, down 0.79%, the Dow Jones Industrial Average edged 0.66% lower, to finish the day at 17,730.51 and the S&P 500 closed at 2,077.07, down 0.70%.
- LinkedIn Corp.’s stock edged lower by 2.87% to close Monday’s session at USD 234.56. The company’s shares oscillated between USD 233.10 and USD 241.12. The stock recorded a trading volume of 1.49 million shares, which was below its 50-day daily average volume of 1.70 million shares and below its 52-week average volume of 1.77 million shares. Over the last three days, LinkedIn Corp.’s shares have declined by 4.46% and in the past one week the stock has moved down 3.52%. However, over the last three months, the stock has gained 30.00% and in the past six months, the shares have picked up 10.62%. The stock is trading above its 50-day and 200-day moving average of USD 224.72 and USD 219.66, respectively. Moreover, the stock is trading at a price to book ratio of 7.36. The historical PB ratio is near to 8.64. Additionally, the stock is trading at a price to cash flow ratio of 39.03.
- The stock of Micron Technology Inc. lost 4.19% to close Monday’s session at USD 14.85, below its 50-day and 200-day moving average of USD 16.49 and USD 21.27, respectively. The shares of the company moved in the range of USD 14.71 and USD 15.47. A trading volume of 23.58 million shares was recorded, which was lower than its 150-day daily average volume of 29.02 million shares and below its 52-week average volume of 26.56 million shares. Over the last five days, Micron Technology Inc.’s shares have declined by 6.78% and in the past one month, the shares have lost 14.85%. Additionally, over the last three months, the stock has declined 11.71% and in the past six months, the shares have registered a loss of 42.71%. Further, the company is trading at a price to earnings ratio of 6.04 and at a price to book ratio of 1.31.
Fitbit Inc’s stock advanced 2.19% to close Monday’s session at USD 34.10, slightly below its 50-day moving average of USD 34.28. The share price oscillated between USD 32.61 and USD 34.68. The stock recorded a trading volume of 9.31 million shares, which was above its 50-day daily average volume of 5.09 million shares and above its 52-week average volume of 7.58 million shares. Over the last three days, Fitbit Inc shares have advanced 16.10% and in the past one week the stock has moved up 18.73%. Moreover, in the last three months, the company has picked up 6.96%. Further, the company is trading at a price to earnings ratio of 66.56. Additionally, Fitbit Inc. is trading at a price to book (mrq) ratio of 8.82 and at a price to sales (ttm) ratio of 4.56.
Fitbit Inc. manufactures and provides wearable fitness-tracking devices worldwide. The company makes both wrist bands and clippable devices that monitor a user’s fitness activity by tracking the calories burned or distance covered.
Shares of United Technologies Corporation (NYSE:UTX), declined -1.69% to $94.29, during its last trading session.
UTC Aerospace Systems will deliver Cloud Cap Technology TASE500 imaging systems to Vulcanair Aircraft in support of maritime search and rescue efforts operated by the Chilean Navy. UTC Aerospace Systems is a unit of United Technologies Corp. (UTX).
The TASE500 imaging system will be installed on Vulcanair’s P68 Observer 2 aircraft, a twin–engine airplane designed for maritime observation and patrol. The TASE500 payload provides the first all-HD imaging solution giving operators improved situational awareness, an all-digital imaging chain for maximized processing capability and an optimized lens design for improved object recognition. All TASE cameras offer a continuous zoom functionality which provides optimal field of view across all zoom levels.
“The addition of the Cloud Cap Technology TASE500 Imaging System to the P68 Observer 2 will allow us to provide a turnkey, high performance, cost efficient solution to the search and rescue market,” said Remo De Feo, CEO of Italy’s Vulcanair Aircraft. “The all HD imaging system of the TASE500 was a critical requirement in providing the Chilean Navy with superior nighttime imaging in addition to long range daylight surveillance.”
United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; modernization products to upgrade elevators and escalators; and maintenance and repair services.
Finally, American Capital Ltd. (NASDAQ:ACAS), ended its last trade with -3.80% loss, and closed at $14.16.
American Capital, declared that its portfolio company Dynojet Research, Inc. (“Dynojet”) was sold to Irving Place Capital and New Value Capital.
Established in 1972, Dynojet is a leading manufacturer of aftermarket performance-enhancing parts and accessories in addition to diagnostic equipment for power sports vehicles, counting motorcycles, ATVs, snowmobiles and automobiles. The company’s product offering comprises fuel administration solutions that optimize engine performance and efficiency, diagnostic equipment and ignition products and coils, which are sold globally through a network of distributors and dealers. Dynojet is headquartered in Las Vegas, Nevada and maintains locations in Montana and Holland.
“American Capital has been fortunate to partner with a strong administration team that has preserved Dynojet’s leadership in the power sports market while driving innovation and growth,” said Dustin Smith, American Capital Managing Director.
American Capital, Ltd. is a private equity and venture capital firm. It is a business development company specializing in administration and employee buyouts, subordinated debt, leveraged finance, mezzanine, acquisition, recapitalization, middle market, early venture, mature, industry consolidation, and growth capital investments.
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