|Bid||50.00 x 1000|
|Ask||54.95 x 100|
|Day's Range||52.06 - 52.72|
|52 Week Range||46.05 - 56.19|
|PE Ratio (TTM)||14.93|
|Dividend & Yield||2.04 (3.95%)|
|1y Target Est||N/A|
Garmin's big rival looks set to take a back-seat in the sports wearables division.
Garmin International’s vision for wearables extends beyond gym goers and athletes: Through a partnership with a company based in Raleigh, N.C., Garmin will bring its devices to senior-living communities. K4Connect, which develops Internet of Things solutions for seniors, will implement Olathe-based Garmin’s (GRMN) newest activity tracker into its offering. “The elder-care market itself is exploding,” said Travis Johnson, lead project manager for Garmin Health.
Fitbit shares are losing momentum and could be at risk of breaking down from critical trendline support.