Logitech Already 7% Down, Almost One Hour Before The Market Open

(VIANEWS) – The NASDAQ opens in less than one hour and Logitech‘s pre-market value is already 7.77% down.

Logitech’s last close was $94.72, 2.01% under its 52-week high of $96.66.

The last session, NASDAQ ended with Logitech (LOGI) rising 1.25% to $94.72. NASDAQ slid 0.96% to $15,973.17, after three consecutive sessions in a row of losses, on what was a somewhat down trend trading session.

About Logitech

Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that connect people to working, creating, gaming, and streaming 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 gamepads, steering wheels, simulation controllers, console gaming headsets, and streamlabs services; 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. Its channel network includes consumer electronics distributors, retailers, e-tailers, 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, and Ultimate Ears 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 $3.07.

PE Ratio

Logitech has a trailing twelve months price to earnings ratio of 30.85. Meaning, the purchaser of the share is investing $30.85 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 21.85%.

Moving Average

Logitech’s value is above its 50-day moving average of $89.20 and way higher than its 200-day moving average of $76.16.

More news about Logitech (LOGI).

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