Logitech International S.A. (LOGI) : Traders are bullish on Logitech International S.A. (LOGI) as it has outperformed the S&P 500 by a wide margin of 19.82% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 19.5%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 19.42% in the last 1 week, and is up 23.84% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 20.78% and the 50-Day Moving Average is 25.72%. Logitech International SA is up 30.36% in the last 3-month period. Year-to-Date the stock performance stands at 33.05%.
Logitech International S.A. (NASDAQ:LOGI): On Fridays trading session , Opening price of the stock was $20.07 with an intraday high of $20.11. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $19.75. However, the stock managed to close at $20.05, a loss of 0.10% for the day. On the previous day, the stock had closed at $20.07. The total traded volume of the day was 1,465,672 shares.
Logitech International SA (Logitech) is a Switzerland-based company that, together with its subsidiaries, develops and markets hardware and software products that enable or enhance digital navigation, music and video entertainment, gaming, social networking, and audio and video communication over the Internet. Logitech has two operating segments: peripherals and video conferencing. The peripherals segment encompasses the design, manufacturing and marketing of peripherals for personal computers (PCs), tablets and other digital platforms. The video conferencing segment systems with integrated monitors, video bridges and other infrastructure software and hardware to support video deployments, as well as provides services to support these products. Logitech sells its peripheral products to a network of distributors, retailers and original equipment manufacturers (OEMs), and sells its video conferencing products and services to distributors, resellers and OEMs, among others.