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Enter Symbol:
 
ZAGG (ZAGG) [hlAlert]

Rating:
Neutral ZAGG

ZAGG (ZAGG) downgraded to Neutral by MDB Capital Group

Posted on: Friday,  Jul 24, 2009  12:25 PM ET by MDB Capital Group

MDB Capital Group rated Neutral ZAGG (NASDAQ: ZAGG) on 07/24/2009. Previously MDB Capital Group rated Buy
ZAGG (NASDAQ: ZAGG) on 05/18/2009., when the stock price was $4.11. Since then, ZAGG has gained 60.58% of its value until MDB Capital Group rated ZAGG Buy on 07/24/2009, when the price was $6.60. .

ZAGG Incorporated (ZAGG) designs, manufactures and distribute protective coverings, audio accessories and power solutions for consumer electronic and hand-held devices under the brand names invisibleSHIELD and ZAGGaudio. The invisibleSHIELD is designed specifically for iPods, laptops, cell phones, digital cameras, personal digital assistants (PDAs), watch faces, global positioning (GPS) systems, gaming devices and other items. ZAGG offers over 3,000 precision pre-cut designs with a lifetime replacement warranty through online channels, big-box retailers, electronics specialty stores, resellers, college bookstores, Mac stores and mall kiosks. During the year ended December 31, 2008, the ZAGGaudio line of electronics accessories and products was released. The flagship product within ZAGGaudio is Z.buds.

MDB Capital has strives to be the leading micro-cap research firm. Our focus is on companies between $40-$200MM in market capitalization that are not widely covered by other research firms. Our objective in following this sector is to provide our investors with idea that lead to above markets returns. MDB strives to provide insightful, independent and performance-oriented research. We strictly maintain a pure research environment, where solid research opinions are formed by our analysts' thorough evaluations, rather than influenced by investment banking relationships.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/29/2009 11:25 AM Buy
None
5.10 6.50
as of 12/31/2009
1 Week up  127.58 %
1 Month up  109.26 %
3 Months up  3.87 %
1 YTD up  118.87 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2009 12:25 PM Hold
None
6.60
5/18/2009 11:25 AM Buy
None
4.11 6.00

(*) Stock Price at the time of the recommendation.
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