Logitech International S.A. (NASDAQ:LOGI) Relative Strength Index (RSI) is 66.70, with weekly volatility at 2.13% and ATR at 3.01. The LOGI stock’s 52-week price range has touched low of $31.37 and a $120.24 high. Intraday shares traded counted 0.49 million, which was 38.02% higher than its 30-day average trading volume of 783.89K. Its shares traded higher over the last trading session, gaining 0.54% on 02/19/21. The shares fell to a low of $115.98 before closing at $116.41. LOGI’s previous close was $115.79 while the outstanding shares total 169.05M. The firm has a beta of 0.91, a 12-month trailing P/E ratio of 21.34, and a growth ratio of 0.65.
Investors have identified the Computer Hardware company Logitech International S.A. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $19.81 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Logitech International S.A. (LOGI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 2.88 billion total, with 1.52 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 3.67 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on LOGI sounds very interesting.
Is the stock of LOGI attractive?
In related news, President & CEO, Darrell Bracken sold 41,666 shares of the company’s stock in a transaction that recorded on Feb 01. The sale was performed at an average price of 105.64, for a total value of 4,401,504. As the sale deal closes, the Director, HIRSCH DIDIER now sold 2,679 shares of the company’s stock, valued at 274,598. Also, President & CEO, Darrell Bracken sold 41,666 shares of the company’s stock in a deal that was recorded on Jan 04. The shares were price at an average price of 98.46 per share, with a total market value of 4,102,501. Following this completion of acquisition, the Head of Global Operations, Arunkundrum Prakash now holds 5,000 shares of the company’s stock, valued at 500,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 6.70%.
7 out of 14 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on Logitech International S.A.. 0 analysts has assigned a Sell rating on the LOGI stock. The 12-month mean consensus price target for the company’s shares has been set at $117.95.