ZAGG Downgraded to Neutral at Zacks (ZAGG)
ZAGG (NASDAQ:ZAGG) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Friday. They currently have a $6.50 price objective on the stock. Zacks‘s price objective suggests a potential upside of 27.45% from the stock’s previous close.
ZAGG (NASDAQ:ZAGG) opened at 5.10 on Friday. ZAGG has a 52-week low of $3.58 and a 52-week high of $6.19. The stock’s 50-day moving average is $5.2 and its 200-day moving average is $4.66. The company has a market cap of $154.3 million and a price-to-earnings ratio of 34.07.
ZAGG Inc (NASDAQ:ZAGG), formerly ZAGG Incorporated, designs, manufactures and distributes protective coverings, audio accessories and power solutions for consumer electronic and hand-held devices under the brand names invisibleSHIELD, ZAGGskins, ZAGGbuds, ZAGGsparq, ZAGGmate, ZAGGfolio, ZAGGkeys, iFrogz and Earpollution.
To view Zacks’ full report, visit Zacks’ official website.
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