With 148.51M Outstanding Shares, Can Logitech International S.A (NASDAQ: LOGI) Deliver Big Short-Term Gains?

Logitech International S.A (NASDAQ:LOGI) currently has a daily average trading volume of 855.70K but it saw 745580 shares traded in last market. With a market cap of 13.01B USD, the company’s current market price of $87.59 came rising about 0.72 while comparing to the previous closing price of $86.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $105.65 and as low as $64.73.

Taking a look at 20-day trading activity of Logitech International S.A (LOGI) gives us an average price of $77.80, while its current price level is -17.09% below from 52-week high level whereas it is 35.32% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $81.98 while that of 200 days or SMA-200 reads an average of $86.33. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.33% during that period while stretching the period over a month that decreases to 1.99%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.88 which implies that the stock is in neutral territory.

BofA Securities upgraded its recommendation for the stock as a “Neutral” from “Underperform” on April 04, 2025 while assigning a price target of $73. Wedbush also issued its recommendations for the stock as it upgraded the price target for the stock is $125.

Over the week, LOGI’s stock price is moving 12.82% up while it is 19.22% when we observe its performance for the past one month. Year-to-date it is 6.36% up and over the past year, the stock is showing an upside performance of 3.34%.

Currently, Logitech International S.A’s total number of outstanding shares is 148.51M with 0.28% of that held by the insiders while 60.10% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 28.95% and return on equity (ROE) at 28.96%. It has a price to earnings ratio (P/E ratio) of 21.16 while having a 18.72 of forward P/E ratio. Stock’s beta reads 0.98. Stock has a price to book (P/B) ratio of 6.11 while price to sale or P/S ratio amounts to 2.86. Its return on asset (ROA) is 17.68% on average.