Zagg (NASDAQ:ZAGG) is one of today's notable stocks in decline, down 1.4% to $7.49. The S&P is trading fractionally lower to 1,520 and the Dow is trading fractionally lower to 13,968.
Zagg (NASDAQ:ZAGG) has potential upside of 111.9% based on a current price of $7.49 and analysts' consensus price target of $15.88. The stock should find resistance at its 200-day moving average (MA) of $8.77, as well as support at its 50-day MA of $7.36.
Zagg Incorporated designs, manufactures and distribute branded protective coverings, audio accessories and power solutions for consumer electronic and hand-held devices.
In the past 52 weeks, shares of Zagg have traded between a low of $6.40 and a high of $17.10 and are now at $7.49, which is 17% above that low price. The 200-day and 50-day moving averages have moved 0.93% lower and 0.20% higher over the past week, respectively.