Earnings And Analyst Opinion Offer Spending Insights: Facebook, Inc. (FB), Depomed, Inc. (DEPO)

Facebook, Inc. (NASDAQ:FB) is gaining traction with investors, as evidenced by its 15.19 million shares volume. The daily trading volume average remained 21.86 million shares over the course of 3 months. The stock had opened the regular trading at $185.23 and managed a -0.25% price change to reach $184.76 through the close.

Facebook, Inc. (FB) Analyst Opinion

Facebook, Inc. has a consensus outperform rating from 43 Wall Street analysts, and the number of shares currently sold short amount to at least 0.93% of shares outstanding. The stock spiked 7.68% last month and is up 4.7 this year. Wall Street is only getting more bullish on the stock, with 39 of analysts who cover FB having a buy-equivalent rating. Analysts have placed a $222.81 price target on Facebook, Inc., suggesting a 20.59% gain from recent close. It’s currently trading about -5.41% below its 52-week high.

Facebook, Inc. Earnings Surprise

Facebook, Inc. (FB) surprised the stock market in its last reported earnings when it earned $2.21 a piece versus the consensus-estimated $1.95. Its revenue totaled $12.55 billion up 21.52% from the previous quarter.

Facebook, Inc. (NASDAQ:FB) Intraday View

This stock (FB) is ahead of its 52-week low with 34.27%. Its last month’s stock price volatility remained 1.79% which for the week stands at 2.39%. The share price has moved forward from its 20 days moving average, trading at a distance of 3% and stays 1.46% away from its 50 days moving average. Over the last five days, shares have managed 2.42% gains and now is up 7.65% since hitting its 200-day moving average of $177.43. Facebook, Inc. (FB) has made its way to a 12-month gain of 33.12%.

Turning to Depomed, Inc. (NASDAQ:DEPO), its shares were trading at $7.01 a gain of $0.06, on the trading floor. The stock, after opening at $6.95, touched a high of $7.1 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.7. Depomed, Inc. has 0 buy ratings, 5 holds and 0 sells even after the stock tumbled -56.96% from its high of $16.29 to a $442.63 million market value through last close.

Depomed, Inc. (DEPO) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.71 to 2.71 during a month. Analysts set a 12-month price target of $8.43 a share. The target implies a 20.26% spike from where the shares are currently trading. Also, the current price highlights a discount of 28.39% to analysts’ high consensus price target.

Depomed, Inc. (NASDAQ:DEPO) Intraday Trading

The counter witnessed a trading volume of 0.96 million shares versus an average volume of 1.22 million shares during last trading session. Its last month’s stock price volatility remained 4.6% which for the week approaches 6.2%. The lowest price the stock reached in the last trading day was $6.83 and compares with the $4.31 52-week low. The stock recovered 62.65% since its low point and has performed -12.92% year-to-date.

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