Scientific & Technical Instruments: Garmin (NASDAQ:GRMN), Allegion (NYSE:ALLE), Ion Geophysical (NYSE:IO), Trimble Navigation (NASDAQ:TRMB)

Posted by on Feb 24, 2014

Garmin International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the global leader in satellite navigation, today announced a new navigation app for Xperia smartphones1 with an extension for Sony SmartWatch 2. The Garmin Xperia Edition features signature Garmin navigation features, helping drivers to reduce stress and save time on the road. Premium features include onboard maps, lane guidance, speed warnings, lifetime traffic2, social media integration, and more. The new app seamlessly integrates with Sony SmartWatch 2 to display walking directions, providing users navigation information right on their wrist and without having to hold a phone. Garmin Ltd. (NASDAQ:GRMN) stock closed at $51.97 in last trading session, and 52 week range is $32.52 – $52.72. The stock showed a positive weekly performance of 12.34%.

Allegion PLC (NYSE:ALLE) stock has an average recommendation of Overweight with an average target price of $54.50. Allegion PLC (NYSE:ALLE) shares closed at $52.37 on last trade day. Stock 52 week range is $40.24 – $452.79. Company’s market capitalization is $5.03 billion.

Ion Geophysical Corp (NYSE:IO) is a technology-focused seismic solutions company, which provides acquisition equipment, software and planning and seismic processing services to the global energy industry. The Company’s products, technologies, and services are used by oil and gas exploration and production (E&P) companies and seismic acquisition contractors to generate images of the subsurface during exploration, exploitation, and production operations. ION operates in four business segments: solutions, systems, software and INOVA Geophysical. Ion Geophysical Corp (NYSE:IO) stock finished the last session at $4.03. The EPS of the stock remained -1.57. Company’s market capitalization is $658.13 million.

Trimble Navigation (NASDAQ:TRMB) Director William Hart unloaded 6,000 shares of the stock on the open market in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $37.86, for a total value of $227,160.00. Following the transaction, the director now directly owns 205,804 shares of the company’s stock, valued at approximately $7,791,739. Trimble Navigation Limited (NASDAQ:TRMB) stock closed at $38.41in last trading session. The 52 week range of the stock is $24.66 – $38.71.

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