Industry Analysis On Mad Catz Interactive Inc (USA) (AMEX:MCZ) Stock Picks

Daily Stock News:

Mad Catz Interactive Inc (USA) (AMEX:MCZ) stock picks closed at $0.66 with no change for the day whereas traded volume stood at 108,300 shares as compare to its average volume stood at 408.15k. Its (stock picks) P/E ratio stands at 5.50 times. The current market price is 10.55 percent more than its last 50 days simple moving average. The (stock picks) relative strength index stands at 54.03 times. The share price is highly reactive to market index as its beta value stands at 2.42 times. The current market price is 10.55 percent more than its last 50 days simple moving average.

Company Background:

Mad Catz Interactive Inc (USA) (AMEX:MCZ) was incorporated in 1989 and is engaged in designing, manufacturing, marketing and distribution of accessories for personal computers, video games consoles, iPod, and other audio devices. Based in San Diego, California the company manufactures control pads, video cables, steering wheels, joysticks, memory cards, light guns, flight sticks, dance pads, microphones, car adapters, carry cases, head sets and keyboards.

The company also develops videogame enhancement products and publishes video games. Its products are sold under the brand names of Mad Catz, Saitek, Cyborg, Eclipse, Joytech, Tritton, AirDrives and Game Shark. The company’s products are sold in United States, Europe, Canada, Australia, Korea, Japan, New Zealand and Singapore.

Industry Analysis:

Mad Catz Interactive Inc (USA) (AMEX:MCZ) maintains the highest return on equity among toys and games companies. The company is ranked 12th among its industry peers by price to earnings ratio of 5.41 percent.