Scientific Instruments Stocks Under Scanner -- Fortive, Garmin, Cognex, and II-VI

NEW YORK, March 15, 2017 /PRNewswire/ --

On Tuesday, March 14, 2017, the NASDAQ Composite ended the trading session at 5,856.82, down 0.32%; the Dow Jones Industrial Average edged 0.21% lower, to finish at 20,837.37; and the S&P 500 closed at 2,365.45, dropping 0.34%. Losses were broad based as all nine sectors ended the day in negative. This Wednesday, Stock-Callers.com has initiated reports coverage on the following Scientific & Technical Instruments equities: Fortive Corporation (NYSE: FTV), Garmin Ltd (NASDAQ: GRMN), Cognex Corporation (NASDAQ: CGNX), and II-VI Inc. (NASDAQ: IIVI). Learn more about these stocks by downloading their free research reports in PDF format at:

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Fortive

On Tuesday, shares in Everett, Washington-based Fortive Corp. ended the session 0.37% lower at $58.55 with a total volume of 951,031 shares traded. Fortive's shares have advanced 2.57% in the last one month and 8.56% in the previous three months. Shares of the Company, which owns and operates industrial units that manufacture testing and measurement equipment, are trading at a PE ratio of 23.30. The stock is trading 4.48% above its 50-day moving average and 10.87% above its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 63.55. Sign up and read the free research report on FTV at:
http://stock-callers.com/registration/?symbol=FTV

Garmin

On Tuesday, shares in Schaffhausen, Switzerland-based Garmin Ltd recorded a trading volume of 1.06 million shares. The stock ended the day 0.83% lower at $51.42. Shares of the Company, which together with its subsidiaries, designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices worldwide, are trading at a PE ratio of 19.06. Garmin's stock has advanced 4.31% in the last one month and 4.88% in the previous three months. Furthermore, the stock has gained 36.68% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 3.91% and 7.74%, respectively. Furthermore, Garmin's shares have an RSI of 54.58.

On March 06^th, 2017, research firm Goldman upgraded the Company's stock rating from 'Sell' to 'Neutral'. The complimentary research report on GRMN can be downloaded at:

http://stock-callers.com/registration/?symbol=GRMN

Cognex

Natick, Massachusetts headquartered Cognex Corp.'s stock finished Tuesday's session 0.33% lower at $79.64 with a total volume of 591,479 shares traded. Over the last one month and the previous three months, Cognex's shares have gained 13.98% and 26.46%, respectively. Furthermore, the stock has rallied 104.69% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 12.94% and 43.14%, respectively. Shares of Cognex, which provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide, are trading at a PE ratio of 46.38. In addition, the stock has an RSI of 71.59.
On February 17^th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $61 a share to $80 a share. Register for free on Stock-Callers.com and access the latest report on CGNX at:
http://stock-callers.com/registration/?symbol=CGNX

II-VI

Saxonburg, Pennsylvania headquartered II-VI Inc.'s stock fell 4.62%, to close the day at $33.00. The stock recorded a trading volume of 1.66 million shares, which was above its three months average volume of 497,610 shares. II-VI Inc.'s shares have gained 5.43% in the previous three months and 56.92% in the past one year. The Company's shares are trading 24.03% above its 200-day moving average. Shares of the Company, which develops, manufactures, and sells engineered materials and optoelectronic components and products worldwide, are trading at a PE ratio of 30.25. Additionally, the stock has an RSI of 33.91. Get free access to your research report on IIVI at:
http://stock-callers.com/registration/?symbol=IIVI

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