Trimble (TRMB - Free Report) recently unveiled the new REF TEK Colt broadband seismometer. The new colt sensor will aid scientists and academics to get in-depth knowledge about tectonic plates and earthquakes by studying seismic activities locally, regionally and globally.
We believe Trimble is poised to gain traction with the new colt sensor as these comply with researchers and academics’ product criteria of compactness, portability and low sound. Further, these new products are strengthening the company’s product portfolio.
Coming to price performance, shares of Trimble have declined 13.3% on a year-to-date basis compared with the industry’s decline of 11.8%.
The company’s new device is not only compact in size but will also require fewer batteries for vault deployments. The colt sensor is resilient and comes with an automatic mass locking system, which protects the device during transit.
Notably, the device also features low-self noise and a broad range, making it effective in fetching high quality data as well as recording early warnings of earthquake.
Moreover, the REF TEK Colt's sensor also comprises north/south pointers installed at the base of the unit, which aids in precise alignment of direction for quick field setup.
Trimble Inc. Price and Consensus