ZAGG Inc (ZAGG) : Traders are bullish on ZAGG Inc (ZAGG) as it has outperformed the S&P 500 by a margin of 24.9% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.52%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.18% in the last 1 week, and is up 33.33% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
ZAGG Inc (NASDAQ:ZAGG): The stock opened at $7.05 on Friday but the bulls could not build on the opening and the stock topped out at $7.06 for the day. The stock traded down to $6.58 during the day, due to lack of any buying support eventually closed down at $6.88 with a loss of -1.85% for the day. The stock had closed at $7.01 on the previous day. The total traded volume was 1,313,640 shares.
The stock has recorded a 20-day Moving Average of 21.72% and the 50-Day Moving Average is 24.19%. ZAGG Inc has dropped 15.48% during the last 3-month period . Year-to-Date the stock performance stands at -37.11%.
Zagg Inc. (Zagg) designs, produces and distributes product solutions. The Company offers screen protection, keyboards for tablet computers and mobile devices, keyboard cases, earbuds, mobile power solutions, cables, and cases under the ZAGG and InvisibleShield brands. In addition, the Company designs, produces, and distributes earbuds, headphones, mobile power solutions, Bluetooth speakers, cases and cables for mobile devices under the iFrogz brand in the fashion and youth oriented lifestyle sector. The Company designs product solutions for users of mobile devices, and sells these products to consumers through global distribution partners and online. The Company offers products for market segments of handheld electronic devices, including smartphones, tablets, MP3 players, notebook computers, laptops, gaming devices, Global Positioning System (GPS) devices, watch faces, and similar devices and surfaces.