Fitbit, Inc. (FIT) Reaches $5.40 After 3.00% Down Move; Matria Healthcare (MATR)’s Sentiment Is 1.25

February 15, 2018 - By Richard Conner

The stock of Fitbit, Inc. (NYSE:FIT) is a huge mover today! The stock decreased 3.40% or $0.19 during the last trading session, reaching $5.4. About 2.56M shares traded. Fitbit, Inc. (NYSE:FIT) has declined 60.69% since February 15, 2017 and is downtrending. It has underperformed by 77.39% the S&P500.The move comes after 5 months negative chart setup for the $1.28B company. It was reported on Feb, 15 by Barchart.com. We have $5.24 PT which if reached, will make NYSE:FIT worth $38.37M less.

Mattersight Corporation provides behavioral analytics services in the United States. The company has market cap of $76.92 million. The firm provides predictive behavioral routing and workstyle, performance management, quality assurance, predictive analytics, and marketing managed services that analyzes and predicts customer behavior based on the language exchanged between agents and clients during brand interactions to enhance customer satisfaction and retention, employee engagement, and operating efficiency. It currently has negative earnings. It serves companies in the healthcare, insurance, financial service, technology, telecommunication, cable, utility, education, hospitality, and government industries.

Goldman Capital Management Inc holds 4.28% of its portfolio in Mattersight Corporation for 1.62 million shares. S Squared Technology Llc owns 467,927 shares or 1.11% of their US portfolio. Moreover, Investor Ab has 0.51% invested in the company for 2.84 million shares. The Massachusetts-based Ironwood Investment Management Llc has invested 0.24% in the stock. Penn Capital Management Co Inc, a Pennsylvania-based fund reported 1.12 million shares.

The stock decreased 6.00% or $0.15 during the last trading session, reaching $2.35. About 177,530 shares traded or 188.71% up from the average. Mattersight Corporation (MATR) has declined 29.56% since February 15, 2017 and is downtrending. It has underperformed by 46.26% the S&P500.

Among 28 analysts covering Fitbit (NYSE:FIT), 5 have Buy rating, 3 Sell and 20 Hold. Therefore 18% are positive. Fitbit had 85 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by Barclays Capital on Monday, November 30 to “Overweight”. The rating was downgraded by Pacific Crest on Thursday, September 29 to “Underweight”. The firm has “Neutral” rating given on Thursday, November 3 by Mizuho. Stifel Nicolaus maintained the shares of FIT in report on Thursday, August 6 with “Buy” rating. The rating was maintained by Cowen & Co on Thursday, November 3 with “Market Perform”. The firm has “Sector Weight” rating by Pacific Crest given on Wednesday, November 16. The firm has “Buy” rating by Mizuho given on Friday, December 18. As per Friday, May 5, the company rating was maintained by Stifel Nicolaus. Barclays Capital downgraded Fitbit, Inc. (NYSE:FIT) rating on Friday, November 4. Barclays Capital has “Equal Weight” rating and $10 target. Stifel Nicolaus downgraded the stock to “Sell” rating in Friday, December 15 report.

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