Down 1.4% to $7.61, Logitech International (NASDAQ:LOGI), is one of today's notable movers. The S&P is trading lower by 0.2% to 1,415 and the Dow is trading 0.3% lower to 13,060.
Logitech International S.A. manufactures personal computer input devices. The Company produces computer mice which help the user move the cursor around the computer screen quickly, trackballs, game controllers, keyboards, PC video cameras, and multimedia speakers. The Company sells its products worldwide.
In the past 52 weeks, Logitech International share prices have been bracketed by a low of $6.59 and a high of $11.47 and are now at $7.61, 15% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has remained constant.
There is potential upside of 12.6% for shares of Logitech International based on a current price of $7.61 and an average consensus analyst price target of $8.57. The stock should hit resistance at its 200-day moving average (MA) of $8.80, as well as support at its 50-day MA of $7.48.