LOGI Stock Summary and Trading Ideas (Logitech International S.A. - Registered Shares | NASDAQ:LOGI)

Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.

Logitech International S.A. - Registered Shares trades on the NASDAQ stock market under the symbol LOGI.

As of April 16, 2024, LOGI stock price declined to $79.69 with 951,136 million shares trading.

LOGI has a beta of 0.34, meaning it tends to be less sensitive to market movements. LOGI has a correlation of 0.02 to the broad based SPY ETF.

LOGI has a market cap of $12.34 billion. This is considered a Large Cap stock.

Last quarter Logitech International S.A. - Registered Shares reported $1 billion in Revenue and $1.53 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.36.

In the last 3 years, LOGI stock traded as high as $140.17 and as low as $41.81.

The top ETF exchange traded funds that LOGI belongs to (by Net Assets): DFIC, TDIV, DFAX, KOMP, DFAI.

LOGI has outperformed the market in the last year with a return of +37.9%, while the SPY ETF gained +23.7%. However, in the most recent history, LOGI shares have underperformed the stock market with its stock returning -17.0% in the last 3 month period and -10.7% for the last 2 week period, while SPY has returned +6.0% and -3.6%, respectively.

LOGI support price is $79.78 and resistance is $82.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LOGI stock will trade within this expected range on the day.