Logitech International SA (LOGI) stock is lower by 4.94% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With LOGI Stock Today?
Logitech International SA (LOGI) stock is lower by -3.13% while the S&P 500 is higher by 0.74% as of 3:19 PM on Thursday, Apr 29. LOGI is down -$3.51 from the previous closing price of $112.13 on volume of 1,530,909 shares. Over the past year the S&P 500 is up 47.17% while LOGI is higher by 129.83%. LOGI earned $5.46 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.91.
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More About Logitech International SA
Logitech International SA is a Switzerland-based provider of personal computer and mobile accessories for navigation, video communication and collaboration, smart home, and other applications. Its product portfolio includes mice, keyboards, charging stands, tablet cases, car mounts for mobile devices, remotes, home cameras, home switches, controllers, bluetooth speakers, surround sound, webcams, and conference cameras. The firm generates revenue in the Americas, Europe, the Middle East, Africa, and Asia-Pacific regions.
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