Brokerage Overview of: Fitbit Inc. (NYSE:FIT)


Fitbit Inc. (NYSE:FIT) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.

Fitbit Inc. (NYSE:FIT) lost -2.64 Percent and closed its previous trading session at $7.39. The stock traded with the average Volume of 5.85 Million at the end of last session.

The company reported its last earnings Actual EPS of $-0.17/share. While, the analyst predicted that the company could provide an EPS of $-0.2/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.03/share which shows an Earnings Surprise of 15 Percent.

Sell side analysts plays vital role in buying and selling a stock where 2 analysts rated Fitbit Inc. (NYSE:FIT) as Buy, 0 analysts given Outperform signal, 3 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 28.22% where SMA50 and SMA200 are 36.91% and 27.57% respectively.

The company shows its Return on Assets (ROA) value of -20.3%. The Return on Equity (ROE) value stands at -35.7%. While it’s Return on Investment (ROI) value is -28.9%.

Fitbit Inc. (NYSE:FIT) currently has a Weekly Volatility of 9.99% percent while its Monthly Volatility is at 5.33% percent. While talking about Performance of the Stock, Fitbit Inc. currently has a Weekly performance of 15.65%, monthly performance percentage is 42.39 percent, Quarterly performance is 39.17 percent, 6 months performance shows a percent value of 3.5% and Yearly Performance is 41.57 percent.

Company Profile:

Fitbit Inc. manufactures and markets wearable fitness-tracking devices. The Company’s product consists of Fitbit Zip, Fitbit One, Fitbit Flex, Fitbit Charge, Fitbit Charge HR, Fitbit Surge and Aria. It also offers accessories which include bands and clips, charging cables and Fitbit apparel. Fitbit Inc. is headquartered in San Francisco, California.