Today's Research Reports on Trending Tickers: Fitbit and GoPro
NEW YORK, NY / ACCESSWIRE / October 17, 2017 / All three major indexes notched record closes on Monday setting a positive tone for an important week of corporate earnings. The Dow Jones Industrial Average gained 0.37 percent to close at 22,956.96, while the S&P 500 Index rose 0.18 percent to close at 2,557.64. The Nasdaq Composite Index rose 0.28 percent to close at 6,624.00. American Express Co., General Electric Co., Goldman Sachs Group Inc., International Business Machines Corp., Johnson & Johnson, Procter & Gamble Co., Travelers Companies Inc., UnitedHealth Group Inc. and Verizon Communications Inc., which combined represent roughly a third of the weighting in the Dow Jones Industrial Average, are scheduled to report earnings this week.
"This week is important because you've got companies from almost each sector reporting, so you're going to get a good picture," of Corporate America's health, said Quincy Krosby, Chief Market Strategist at Prudential Financial.
RDI Initiates Coverage on:
Fitbit Inc.
https://rdinvesting.com/news/?ticker=FIT
GoPro Inc.
https://rdinvesting.com/news/?ticker=GPRO
Fitbit Inc.'s stock moved 1.51% lower Monday, to close the day at $6.52. The stock recorded a trading volume of 4,408,167 shares, which was below its three months average volume of 6,377,410 shares. In the last year, Fitbit Inc.'s shares have traded in a range of 4.90 - 14.27. The share price has gained 33.06% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $6.56 is at its 200-day moving average of $6.56. Shares of Fitbit have fallen approximately 10.93 percent year-to-date.
Access RDI's Fitbit Inc. Research Report at:
https://rdinvesting.com/news/?ticker=FIT
On Monday, shares of GoPro Inc. recorded a trading volume of 10,704,727 shares, which was above the three months average volume of 6,121,130 shares. The stock ended the day 5.02% lower at 9.08. The share price has gained 27.08% from its 52-week low with a 52-week trading range of 7.14 - 15.12.The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $10.34 is greater than its 200-day moving average of $8.99. Shares of GoPro have fallen approximately 5.71 percent year-to-date.
Access RDI's GoPro Inc. Research Report at:
https://rdinvesting.com/news/?ticker=GPRO
Our Actionable Research on Fitbit Inc. (NYSE: FIT) and GoPro Inc. (NASDAQ: GPRO) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
