Zacks Investment Research downgraded Logitech International SA (USA) (NASDAQ:LOGI) to Hold in a report released today.
- Updated: September 27, 2016
Yesterday Logitech International SA (USA) (NASDAQ:LOGI) traded 0.71% higher at $21.88. The company’s 50-day moving average is $21.64 and its 200-day moving average is $17.50. The last stock close price is up 25.66% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 251,332 shares of the stock traded hands, down from an average trading volume of 553,117
Zacks Investment Research has downgraded Logitech International SA (USA) (NASDAQ:LOGI) to Hold in a report released on 09/27/2016.
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Logitech International SA (USA) has a price-earnings ratio of 27.49 with a one year low of $12.52 and a one year high of $22.42 Logitech International SA (USA)’s market capitalization is presently $0.
A total of 2 brokerages have released a report on Logitech International SA (USA). zero brokerages rating the company a strong buy, one brokerage rating the company a buy, one brokerage rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $15.75.
General Company Details For Logitech International SA (USA) (NASDAQ:LOGI)
Logitech International S.A. is a holding company. The Company designs, manufactures and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms. The Company operates through peripheral segment. The Company offers its products to a network of domestic and international customers, including direct sales to retailers, e-tailers, and indirect sales through distributors. The Company's retail network across the world includes consumer electronics distributors, retailers, mass merchandisers, specialty electronics stores, computer and telecommunications stores, value-added resellers and online merchants. Its music solutions are focused primarily on mobile speakers, including its UE BOOM family of mobile wireless speakers, its Jaybird wireless audio wearables for sports and active lifestyles, and its custom in-ear headphones. It offers a range of gaming gear for gamers, including mice, keyboards, headsets, gamepads and steering wheels.
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