ZAGG Inc (ZAGG) : Traders are bullish on ZAGG Inc (ZAGG) as it has outperformed the S&P 500 by a wide margin of 16.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.41%, 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 3.47% in the last 1 week, and is up 17.3% 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 9% and the 50-Day Moving Average is 25.85%. ZAGG Inc (NASDAQ:ZAGG): stock turned positive on Friday. Though the stock opened at $7.31, the bulls momentum made the stock top out at $7.56 level for the day. The stock recorded a low of $7.29 and closed the trading day at $7.46, in the green by 1.36%. The total traded volume for the day was 500,436. The stock had closed at $7.36 in the previous days trading.
The company Insiders own 4.4% of ZAGG Inc shares according to the proxy statements. Institutional Investors own 85.55% of ZAGG Inc shares. During last six month period, the net percent change held by insiders has seen a change of 36.83%.
Zagg Inc. (Zagg) designs, produces and distributes product solutions. The Company offers screen protection, keyboards for tablet computers and mobile devices, keyboard cases, earbuds, mobile power solutions, cables, and cases under the ZAGG and InvisibleShield brands. In addition, the Company designs, produces, and distributes earbuds, headphones, mobile power solutions, Bluetooth speakers, cases and cables for mobile devices under the iFrogz brand in the fashion and youth oriented lifestyle sector. The Company designs product solutions for users of mobile devices, and sells these products to consumers through global distribution partners and online. The Company offers products for market segments of handheld electronic devices, including smartphones, tablets, MP3 players, notebook computers, laptops, gaming devices, Global Positioning System (GPS) devices, watch faces, and similar devices and surfaces.