Ferrari N.V. (NYSE:RACE) last session’s volume of 0.85 million shares was higher than its average volume of 0.55 million shares. The stock, after opening at $91.64, hit $89.45 through the close by scoring -2.61%.Ferrari N.V. (RACE) Analyst Opinion
Ferrari N.V. has a consensus outperform rating from 9 Wall Street analysts, and the number of shares currently sold short amount to at least 2.65% of shares outstanding. The stock spiked 6.49% last month and is up 53.85 this year. Wall Street is only getting more bullish on the stock, with 5 of analysts who cover RACE having a buy-equivalent rating. Analysts have placed a $77.68 price target on Ferrari N.V., suggesting a -13.16% decline from recent close. It’s currently trading about -2.69% below its 52-week high.Ferrari N.V. Earnings Surprise
Ferrari N.V. (RACE) surprised the stock market in its last reported earnings when it earned $0.71 a piece versus the consensus-estimated $0.59. Its revenue totaled $823.56 million down -8.51% from the previous quarter.
This stock (RACE) is ahead of its 52-week low with 131.08%. Its last month’s stock price volatility remained 1.51% which for the week stands at 1.44%. The share price has moved forward from its 20 days moving average, trading at a distance of 3.58% and stays 12.6% away from its 50 days moving average. Over the last five days, shares have faced -1.26% losses and now is up 42.18% since hitting its 200-day moving average of $68.57. Ferrari N.V. (RACE) has made its way to a 12-month gain of 105.63%.
Turning to Northwest Bancshares, Inc. (NASDAQ:NWBI), its shares were trading at $16.22 a gain of $0.69, on the trading floor. The stock, after opening at $15.63, touched a high of $16.27 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3.2. Northwest Bancshares, Inc. has 0 buy ratings, 4 holds and 1 sells even after the stock tumbled -15.08% from its high of $19.1 to a $1.62 billion market value through last close.Northwest Bancshares, Inc. (NWBI) Consensus Price Target
The company’s consensus rating on Reuter’s scale remained unchanged from 3.4 to 3.4 during a month. Analysts set a 12-month price target of $16.5 a share. The target implies a 1.73% spike from where the shares are currently trading. Also, the current price highlights a discount of 4.81% to analysts’ high consensus price target.Northwest Bancshares, Inc. (NASDAQ:NWBI) Intraday Trading
The counter witnessed a trading volume of 0.64 million shares versus an average volume of 0.52 million shares during last trading session. Its last month’s stock price volatility remained 2.6% which for the week approaches 1.7%. The lowest price the stock reached in the last trading day was $15.6 and compares with the $13.91 52-week low. The stock recovered 16.61% since its low point and has performed -10.04% year-to-date.