Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) last session’s volume of 1.93 million shares was higher than its average volume of 0.77 million shares. The stock, after opening at $2.31, hit $2.52 through the close by scoring 9.57%.Rigel Pharmaceuticals, Inc. (RIGL) Analyst Opinion
Rigel Pharmaceuticals, Inc. has a consensus outperform rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 2.84% of shares outstanding. The stock spiked 28.57% last month and is up 5.88 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover RIGL having a buy-equivalent rating. Analysts have placed a $6.75 price target on Rigel Pharmaceuticals, Inc., suggesting a 167.86% gain from recent close. It’s currently trading about -42.47% below its 52-week high.Rigel Pharmaceuticals, Inc. Earnings Surprise
Rigel Pharmaceuticals, Inc. (RIGL) revenue totaled $3.96 million down -53.9% from the previous quarter. Expect decreased revenue in the current quarter as well. As per the consensus estimate, the company’s year-on-year revenue growth is expected to be at -50.23% during the period. Last year, it had about $8.54 million of revenue.
This stock (RIGL) is ahead of its 52-week low with 34.04%. Its last month’s stock price volatility remained 5.4% which for the week stands at 5.95%. The share price has moved forward from its 20 days moving average, trading at a distance of 8.76% and stays 6.86% away from its 50 days moving average. Over the last five days, shares have managed 5.44% gains and now is down -6.05% since hitting its 200-day moving average of $2.81. Rigel Pharmaceuticals, Inc. (RIGL) has made its way to a 12-month gain of 8.62%.
Turning to Gold Resource Corp (NYSE:GORO), its shares were trading at $5.11 a retreat of $-0.5, on the trading floor. The stock, after opening at $5.59, touched a high of $5.78 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. Gold Resource Corp tumbled -37.58% from its high of $8.22 to a $296.74 million market value through Feb 27, 2017.Gold Resource Corp (GORO) Consensus Price Target
Analysts set a 12-month price target of $3.5 a share. The target implies a -31.51% decrease from where the shares are currently trading. Also, the current price highlights a discount of -31.51% to analysts’ high consensus price target.Gold Resource Corp (NYSE:GORO) Intraday Trading
The counter witnessed a trading volume of 1.93 million shares versus an average volume of 1.02 million shares during last trading session. Its last month’s stock price volatility remained 9.24% which for the week approaches 5.78. The lowest price the stock reached on Monday was $5.04 and compares with the $1.85 52-week low. The stock recovered 178.44% since its low point and has performed 17.56% year-to-date.