For the readers interested in the stock health of Garmin Ltd. (GRMN). It is currently valued at $143.11. When the transactions were called off in the previous session, Stock hit the highs of $143.89, after setting-off with the price of $141.87. Company’s stock value dipped to $140.84 during the trading on the day. When the trading was stopped its value was $142.78.Recently in News on November 23, 2021, Garmin announces transfer of listing to the New York Stock Exchange. Garmin® Ltd. (NASDAQ: GRMN) today announced that it will transfer the listing of its shares from the Nasdaq National Market to the New York Stock Exchange (“NYSE”). Garmin expects to commence trading as a NYSE-listed company at market open on December 7, 2021 under its ticker symbol “GRMN.” Garmin will continue to trade its shares on the Nasdaq until the market close on December 6, 2021. You can read further details here
Garmin Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $178.80 on 08/31/21, with the lowest value was $113.59 for the same time period, recorded on 01/29/21.
Garmin Ltd. (GRMN) full year performance was 22.88%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Garmin Ltd. shares are logging -19.96% during the 52-week period from high price, and 25.99% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $113.59 and $178.80.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 776480 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Garmin Ltd. (GRMN) recorded performance in the market was 19.60%, having the revenues showcasing -17.24% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 27.86B, as it employees total of 16000 workers.
The Analysts eye on Garmin Ltd. (GRMN)
During the last month, 0 analysts gave the Garmin Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 158.34, with a change in the price was noted -3.53. In a similar fashion, Garmin Ltd. posted a movement of -2.41% for the period of last 100 days, recording 681,347 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for GRMN is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical rundown of Garmin Ltd. (GRMN)
Raw Stochastic average of Garmin Ltd. in the period of last 50 days is set at 7.34%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 29.33%. In the last 20 days, the company’s Stochastic %K was 16.08% and its Stochastic %D was recorded 11.82%.
Considering, the past performance of Garmin Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 19.60%. Additionally, trading for the stock in the period of the last six months notably improved by 0.51%, alongside a boost of 22.88% for the period of the last 12 months. The shares increased approximately by -1.19% in the 7-day charts and went up by -10.72% in the period of the last 30 days. Common stock shares were lifted by -17.24% during last recorded quarter.