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Shares of ZAGG Down 34.8% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Zagg Inc (NASDAQ:ZAGG) on December 5th, 2017 at $19.40. In approximately 4 months, Zagg Inc has returned 34.79% as of today's recent price of $12.65.

Over the past year, Zagg Inc has traded in a range of $4.74 to $23.70 and is now at $12.65, 167% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 2%.

Zagg Incorporated designs, manufactures, and distributes mobile phone accessories. The Company offers protective coverings, audio accessories, and power solutions for consumer electronics and hand-held devices. Zagg serves clients globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Zagg Inc.

Log in and add Zagg Inc (ZAGG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights zagg inc

Ticker(s): ZAGG