Garmin Ltd. (GRMN) is Trading Higher on Unusual Volume for February 17

Equities Staff |

Garmin Ltd. (GRMN) experienced unusually high volume on Feb. 17, as the stock gained 13.85% to a closing price of $40.11. The stock saw 6.04 million shares trade hands over the course of the day on 46,095 trades. Given that the stock’s average daily volume over the last month has been 1.62 million shares a day, this represents a pretty substantial spike over the norm.

Garmin Ltd. has a P/B ratio of 2.36. It also has a P/E ratio of 12.6. The stock has traded between $56.88 and $30.93 over the last 52-weeks, its 50-day SMA is now $35.05, and its 200-day SMA $38.32.

Garmin Ltd, and its subsidiaries, designs, develops, manufactures, markets and distributes hand-held, wrist-based, portable,fixed-mount products positioning system enabled products & other navigation, communication & sensor-based products.

Headquartered in Schaffhausen, , Garmin Ltd. has 11,185 employees and is currently under the leadership of CEO Clifton A. Pemble.

For a complete fundamental analysis analysis of Garmin Ltd., check out’s Stock Valuation Analysis report for GRMN. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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