An End-of-Day Technical Review: Adient plc (ADNT), MAG Silver Corp. (MAG)

Adient plc (NYSE:ADNT) last session’s volume of 1.77 million shares was higher than its average volume of 1.19 million shares. The stock, after opening at $61.89, hit $63.91 through the close by scoring 5.29%.

Adient plc (ADNT) Analyst Opinion

Adient plc has a consensus hold rating from 12 Wall Street analysts, and the number of shares currently sold short amount to at least 5.25% of shares outstanding. The stock sank -23.54% last month and is down -18.79 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover ADNT having a buy-equivalent rating. Analysts have placed a $69.73 price target on Adient plc, suggesting a 9.11% gain from recent close. It’s currently trading about -26.05% below its 52-week high.

Adient plc Earnings Surprise

Adient plc (ADNT) failed to surprise the stock market in its last reported earnings when it earned $1.06 a piece versus the consensus-estimated $1.27. Its revenue totaled $4.22 billion up 6.01% from the previous quarter.

Adient plc (NYSE:ADNT) Intraday View

This stock (ADNT) is ahead of its 52-week low with 8.14%. Its last month’s stock price volatility remained 4.84% which for the week stands at 3.81%. The share price has moved backward from its 20 days moving average, trading at a distance of -7.94% and stays -15.59% away from its 50 days moving average. Over the last five days, shares have managed 3.18% gains and now is down -13.17% since hitting its 200-day moving average of $76.11. Adient plc (ADNT) has made its way to a 12-month gain of 4.34%.

Turning to MAG Silver Corp. (NYSE:MAG), its shares were trading at $9.99 a gain of $0.5, on the trading floor. The stock, after opening at $9.43, touched a high of $10.2 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. MAG Silver Corp. has 3 buy ratings, 0 holds and 0 sells even after the stock tumbled -40.46% from its high of $16.78 to a $892.11 million market value through last close.

MAG Silver Corp. (MAG) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 1.7 to 1.7 during a month. Analysts set a 12-month price target of $18.31 a share. The target implies a 83.28% spike from where the shares are currently trading. Also, the current price highlights a discount of 120.22% to analysts’ high consensus price target.

MAG Silver Corp. (NYSE:MAG) Intraday Trading

The counter witnessed a trading volume of 0.45 million shares versus an average volume of 0.31 million shares during last trading session. Its last month’s stock price volatility remained 5.28% which for the week approaches 4.25%. The lowest price the stock reached in the last trading day was $9.43 and compares with the $9.29 52-week low. The stock recovered 7.53% since its low point and has performed -19.17% year-to-date.

SHARE
Previous articleA Technical Look At 2 Stocks: Aviragen Therapeutics, Inc. (AVIR), Digital Turbine, Inc. (APPS)
Next articleAre Hedge Funds Betting Against Genocea Biosciences, Inc. (GNCA)?