Orion Engineered Carbons, S.A. (NYSE:OEC) recently saw its volume around 0.4 million shares and on average it trades 0.22 million shares a day. The opening price of $22.2, led it to gain 5.7% to reach $22.25 upon the closing bell.Orion Engineered Carbons, S.A. (OEC) Analyst Opinion
Orion Engineered Carbons, S.A. has a consensus outperform rating from 9 Wall Street analysts, and the number of shares currently sold short amount to at least 0.17% of shares outstanding. The stock spiked 17.41% last month and is up 18.04 this year. Wall Street is only getting more bullish on the stock, with 5 of analysts who cover OEC having a buy-equivalent rating. Analysts have placed a $22.96 price target on Orion Engineered Carbons, S.A., suggesting a 3.19% gain from recent close. It’s currently trading about 0.23% above its 52-week high.Orion Engineered Carbons, S.A. Earnings Surprise
Orion Engineered Carbons, S.A. (OEC) surprised the stock market in its last reported earnings when it earned $0.4 a piece versus the consensus-estimated $0.39. Its revenue totaled $286.44 million down -1.99% from the previous quarter.
This stock (OEC) is ahead of its 52-week low with 39.41%. Its last month’s stock price volatility remained 2.34% which for the week stands at 2.09%. The share price has moved forward from its 20 days moving average, trading at a distance of 13.2% and stays 18.39% away from its 50 days moving average. Over the last five days, shares have managed 9.88% gains and now is up 13.84% since hitting its 200-day moving average of $19.74. Orion Engineered Carbons, S.A. (OEC) has made its way to a 12-month gain of 35.09%.
Turning to Farmland Partners Inc. (NYSE:FPI), its shares were trading at $8.94 a gain of $0.2, on the trading floor. The stock, after opening at $8.82, touched a high of $9.01 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.4. Farmland Partners Inc. has 4 buy ratings, 0 holds and 0 sells even after the stock tumbled -25.38% from its high of $11.98 to a $291 million market value through last close.Farmland Partners Inc. (FPI) Consensus Price Target
The company’s consensus rating on Reuter’s scale slipped from 1.4 to 1 during a month. Analysts set a 12-month price target of $10.9 a share. The target implies a 21.92% spike from where the shares are currently trading. Also, the current price highlights a discount of 34.23% to analysts’ high consensus price target.Farmland Partners Inc. (NYSE:FPI) Intraday Trading
The counter witnessed a trading volume of 0.3 million shares versus an average volume of 0.27 million shares during last trading session. Its last month’s stock price volatility remained 1.98% which for the week approaches 2.49%. The lowest price the stock reached in the last trading day was $8.81 and compares with the $8.73 52-week low. The stock recovered 4.32% since its low point and has performed -19.89% year-to-date.