Trimble Navigation Hits a New 52-Week High

Trimble Navigation (TRMB) hit a new 52-week high today (02012.02.03) after reporting 4Q'11 results. I wish we owned more TRMB shares, but right now we must be content with what we have. All of our TRMB shares were acquired when Trimble Navigation acquired @Road (ARDI) back in 02007. Our ARDI shares were bought during 02004-02005.

TRMB closed yesterday (02012.02.02) at $48.14. Today it opened at $52.20. 30 minutes into trading the volume had just exceeded the trailing-3-month average.

The following is from Trimble.com: "Trimble provides positioning solutions enabling professionals in engineering and construction, surveying, agriculture, fleet management and field service to be more productive by revolutionizing their work processes."