Vetr Inc. disclosed Fitbit Inc (NYSE:FIT), boosting its price target to $19.15 earlier today
- Updated: September 30, 2016
Reporting a possible upside of 0.29%, Vetr Inc. bumped up the target of Fitbit Inc (NYSE:FIT) to $19.15
Having a price of $14.84, Fitbit Inc (NYSE:FIT) traded 0.13% higher on the day. With the last close up 1.20% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. FIT has recorded a 50-day average of $15.32 and a two hundred day average of $14.66. Trade Volume was down over the average, with 8,003,406 shares of FIT changing hands under the typical 8,698,400
With a total market value of $0, Fitbit Inc has 52 week low of $11.65 and a 52 week high of $41.97 with a PE ratio of 31.31 .
In addition to Vetr Inc. reporting its stock price target, a total of 17 analysts have released a report on Fitbit Inc. The 12-month price target is $22.29 with zero analysts rating the company a strong buy, zero brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero equity analysts rating the company a sell.
Brief Synopsis About Fitbit Inc (NYSE:FIT)
Fitbit, Inc. is a provider of health and fitness devices. The Company's platform combines connected health and fitness devices with software and services, including an online dashboard and mobile applications, data analytics, motivational and social tools, personalized insights and virtual coaching through customized fitness plans and interactive workouts. It offers various fitness devices, including Fitbit Zip, Fitbit One, Fitbit Flex, Fitbit Charge, Fitbit Blaze, Fitbit Charge HR, Fitbit Surge and Aria. Its platform includes wearable connected health and fitness trackers, which are wrist-based and clippable devices that automatically track users daily steps, calories burned, distance traveled, and active minutes and display real-time feedback. Its trackers also measure sleep duration and quality, and its products track heart rate and global positioning system-based information. It also offers a wireless fidelity connected scale that records weight, body fat and body mass index.
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