Logitech (LOGI) in Focus: Stock Moves 10.9% Higher

Logitech International S.A. LOGI  was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company – as the stock is now up 22.9% over past one month.

The shares rose after the company reported better-than-expected third-quarter fiscal 2018 results

The company has seen no estimate revisions over the past one month, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Logitech International S.A. Price and Consensus

Logitech International S.A. Price and Consensus | Logitech International S.A. Quote

Logitech currently has a Zacks Rank #3 (Hold) while its Earnings ESPis 0.00%.

A better ranked stock in the  Computer and Technology sector is Analogic Corporation ALOG which also carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is LOGI going up? Or down? Predict to see what others think: Up or Down

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