The mean target price on ZAGG Inc (NASDAQ:ZAGG) stock placed by analysts is $11.1500. It is the calculated mean released by experts polled in First Call planned poll. The EPS estimate is $0.4600 for quarter, besides EPS yearly target of $0.4500.
Most used element, moving averages are resultant of statistical analysis. Their main function is to create a series of mean values of assorted subsets of the all-inclusive data set. They show a central and imperative role in the evaluation of past price trends. Coming to statistics, the technical valuation of ZAGG Inc shows 50-day MA of ZAGG Inc (NASDAQ:ZAGG) stock is $7.5880, with it trading $0.3821 points away or +5.0356% from 50-day MA of $7.5880. It is trading $1.0282 or +14.8110% off 200-day MA of $6.9419.
The 52-week high of ZAGG Inc (NASDAQ:ZAGG) was $12.7400 while $4.7100 is the low point in the correspondent period. ZAGG Inc equity price with gain of over $-4.7699 will index 52-week high or nosedive +69.2166% to hit 52-week low. ‘MA’ is moving average.
Without ascertaining when a security is over-valued, or fairly valued, a buyer cannot capitalize on profit making opportunities. Worse, a shareholder can be constrained to close position without clarity of definite price direction.
ZAGG Inc (NASDAQ:ZAGG) P/E ratio is 51.0904 while PEG ratio is at 1.8000. By supervising price-to-earnings ratio, investors cannot comprehend the true stock worth and hence end up pouring funds in the wrong equities. In general, a P/E ratio is a calculated amount that investors are set to reimburse for buying an equity. It matters when relating the securities performance of one organization to second one, but only in same industry. It can be known by dividing equity present market value by mean EPS in a stated period, for illustration, the preceding year.
ZAGG Inc stock recorded a close of $7.9701 in last trading session, moving market capitalization to $224.14M.
1 Chart Pattern Every Investor Should Know