MACD Oscillator Analysis for ZAGG Inc (NASDAQ:ZAGG)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of ZAGG Inc (NASDAQ:ZAGG) for the period of 9-Day stands at 27.33% while the stochastic %D for the same period stands at 21.98%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of ZAGG Inc (NASDAQ:ZAGG) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for ZAGG Inc (NASDAQ:ZAGG) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently ZAGG Inc (NASDAQ:ZAGG)’s 20-Day Bollinger Band indicates “Hold”.

About Company

ZAGG Inc. designs, manufactures and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG’s flagship brand, the invisibleSHIELD, is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices and other items. The patent-pending invisibleSHIELD application is the first scratch protection solution of its kind on the market, and has sold over one million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries.

Previous Day Activity Analysis

On the last trading day, ZAGG Inc (NASDAQ:ZAGG) opened the session at $16.1 and after going down -0.63% closed at $15.85. The stock lost -0.25 points in the last trade.

ZAGG Inc (NASDAQ:ZAGG)’s stock fluctuated in the range of $15.70 and $16.40 during the previous active session. ZAGG Inc (NASDAQ:ZAGG) traded with the volume of 582148 with average volume of 537 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 0.82 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.75 and 64.09 respectively.

Currently the Insider Ownership of the shares of ZAGG Inc (NASDAQ:ZAGG) is at 0.4% and the shares outstanding are 28.5 Million.

Important Ratio Analysis

Some important ratios to consider here for ZAGG Inc (NASDAQ:ZAGG) are discussed below:

Dividend yield of ZAGG Inc (NASDAQ:ZAGG) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 14.25.

The Price to Sale P/S and Price to Book P/B shows the value of 1.01 and 3.85 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 31.59 and 12.44 correspondingly.

The Quick Ratio of ZAGG Inc (NASDAQ:ZAGG) stands at 0.6 while the Current Ratio depicts the value of 1.

Return on Assets ROA of ZAGG Inc (NASDAQ:ZAGG) is at -4.8% whereas, Return on Equity ROE and Return of Investment ROI of ZAGG Inc (NASDAQ:ZAGG) stand at -12% and -7.9% respectively.

Stock Performance Analysis

The stock performance of ZAGG Inc (NASDAQ:ZAGG) on the basis of 5 day trade show the dip of -1.25% whereas, the monthly performance of the stock shows increase of 7.82%.

The quarterly performance of the stock remained in green zone with the value of 87.57% while six month performance of the shares of ZAGG Inc (NASDAQ:ZAGG) remained bullish with the count of 131.39%.

The yearly and YTD performance of ZAGG Inc (NASDAQ:ZAGG) remained up at 107.19% and 123.24% respectively.