NEW YORK (
) hit a new 52-week low Wednesday as it is currently trading at $11.94, below its previous 52-week high of $23.29 with 123,150 shares traded as of 9:36 a.m. ET. Average volume has been 1.8 million shares over the past 30 days.
Logitech International has a market cap of $2.2 billion and is part of the
industry. Shares are down 34% year to date as of the close of trading on Tuesday.
Logitech International S.A. engages in the development and marketing of products in PC navigation, Internet communications, digital music, home-entertainment control, gaming, and wireless devices. The company operates in two segments, Personal Peripherals and Video Conferencing. The company has a P/E ratio of 14.9, below the average computer hardware industry P/E ratio of 17.4 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Logitech International as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow. You can view the full
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