Keep Your Eyes on Stock News: Trimble Inc. (NASDAQ:TRMB)

Trimble Inc. (NASDAQ:TRMB) noted trading -7.52% off 52-week high price. On the other end, the stock has been noted 25.65% away from the low price over the last 52-weeks. The stock changed 1.59% to recent value of $42.77. The stock transacted 624437 shares during most recent day however it has an average volume of 1.05M shares. The company has 250.61M of outstanding shares and 247.91M shares were floated in the market.

On Jan. 13, 2020, Trimble Inc. (NASDAQ:TRMB) released that its Video Intelligence™ solution is now part of the Geotab Marketplace—a portfolio of mobile apps, software add-ins and hardware add-ons—to enable the expansion of video safety technology in new markets. Trimble’s Video Intelligence solution includes a two-channel DVR and forward-facing camera, with the option to add secondary cameras. Creating a unified customer experience for its users, Video Intelligence integrates directly with Geotab’s MyGeotab fleet management software.

We are excited to work with Geotab, an industry leader in providing the light- and medium- duty vehicle market with innovative solutions and outstanding customer service, said Jim Angel, vice president of Trimble’s Video Intelligence Solutions. Through this collaboration, we can expand the reach of our Video Intelligence solution, helping these light- and medium- duty fleets leverage technology to protect their drivers and company from false claims sometimes associated with accidents.

Trimble’s Video Intelligence gives fleets a neutral eyewitness perspective of their vehicles on the road. Through this objective viewpoint, fleets can protect themselves in the event of an accident as well as enhance coaching opportunities across their driver base.

The Geotab Marketplace provides an extensive ecosystem of partners and applications, which are designed to meet the needs of businesses leveraging our telematics offering, said Clive Cawse, chief operating officer at Geotab. By providing our customers with access to innovative solutions such as Trimble’s Video Intelligence, we are helping to equip them with the tools necessary to improve safety and operations.

Its earnings per share (EPS) expected to touch remained 706.50% for this year while earning per share for the next 5-years is expected to reach at 7.00%. TRMB has a gross margin of 54.40% and an operating margin of 11.70% while its profit margin remained 10.00% for the last 12 months.

According to the most recent quarter its current ratio was 1 that represents company’s ability to meet its current financial obligations. The price moved ahead of 3.30% from the mean of 20 days, 5.43% from mean of 50 days SMA and performed 5.46% from mean of 200 days price. Company’s performance for the week was 3.55%, 7.95% for month and YTD performance remained 2.59%.

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