Large Inflow of Money Detected in Logitech International S.A.

Logitech International S.A. (LOGI) : Thursdays money flow indicated an uptick to downtick ratio was at 7.81. The total value of inflow transactions on upticks was $0.15 million, whereas, the total value of outflow trades on downticks was $0.02 million. The total money flow was $0.13 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.1 million. The total value of the trades done on upticks was $0.1 million. Logitech International S.A. (LOGI) was trading with a -0.06% change over previous days close. It fell $0.01 during the day and reached $16.34. The stock was 2.77% compared to the previous weeks close.


The stock has recorded a 20-day Moving Average of 2.41% and the 50-Day Moving Average is 5.71%. Shares have rallied 8.92% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $16.73 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $15.68 and the 200 Day Moving Average price is recorded at $15.41.

Logitech International S.A. (NASDAQ:LOGI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.36 and $16.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.43. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.38, notching a gain of 0.18% for the day. The total traded volume was 403,805 . The stock had closed at $16.35 on the previous day.

In an insider trading activity, Darrell Bracken, CEO of Logitech International Sa, executed a transaction worth $49,580 on August 18, 2015. A total of 3,700 shares were purchased at an average price of $13.4. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Logitech International SA (Logitech) is a Switzerland-based company that, together with its subsidiaries, develops and markets hardware and software products that enable or enhance digital navigation, music and video entertainment, gaming, social networking, and audio and video communication over the Internet. Logitech has two operating segments: peripherals and video conferencing. The peripherals segment encompasses the design, manufacturing and marketing of peripherals for personal computers (PCs), tablets and other digital platforms. The video conferencing segment systems with integrated monitors, video bridges and other infrastructure software and hardware to support video deployments, as well as provides services to support these products. Logitech sells its peripheral products to a network of distributors, retailers and original equipment manufacturers (OEMs), and sells its video conferencing products and services to distributors, resellers and OEMs, among others.

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