Logitech Already 4% Down, Almost Five Hours Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than five hours and Logitech‘s pre-market value is already 4.95% down.

Logitech’s last close was $51.68, 34.55% under its 52-week high of $78.96.

The last session, NASDAQ ended with Logitech (LOGI) dropping 3.18% to $51.68. NASDAQ dropped 1.25% to $11,530.33, after two successive sessions in a row of losses, on what was an all-around down trend exchanging session.

About Logitech

Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that connect people to digital and cloud experiences worldwide. The company offers pointing devices, such as wireless mouse; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combinations; PC webcams; and keyboards for tablets and smartphones, as well as other accessories for mobile devices. It also provides keyboards, mice, headsets, and simulation products, such as steering wheels and flight sticks for gamers; video conferencing products, such as ConferenceCams, which combine enterprise-quality audio and high-definition video to bring video conferencing to businesses of any size; webcams and headsets that turn desktop into collaboration space; and controller for video conferencing room solutions. In addition, the company offers portable wireless Bluetooth and Wi-Fi connected speakers, mobile speakers, PC speakers, PC headsets, microphones, in-ear headphones, and wireless audio wearables; home entertainment controllers, and home security cameras. Its channel network includes consumer electronics distributors, retailers, e-tailers, mass merchandisers, specialty stores, computer and telecommunications stores, value-added resellers, and online merchants. The company sells its products under the Logitech, Logitech G, ASTRO Gaming, Streamlabs, Blue Microphones, Ultimate Ears, and Jaybird brands. Logitech International S.A. was incorporated in 1981 and is headquartered in Lausanne, Switzerland.

Earnings Per Share

As for profitability, Logitech has a trailing twelve months EPS of $5.51.

PE Ratio

Logitech has a trailing twelve months price to earnings ratio of 9.38. Meaning, the purchaser of the share is investing $9.38 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 18.64%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 25, 2022, the estimated forward annual dividend rate is 0.97 and the estimated forward annual dividend yield is 1.64%.

More news about Logitech (LOGI).

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