First Midwest Bancorp, Inc. (NASDAQ:FMBI) notched a -2.93% intraday decline moving at $21.24. When the opening bell rang, the price was $21.8. The number of shares that were traded during the day was 0.8 million, which corresponds to its 3-month volume average of 0.73 million shares a day.First Midwest Bancorp, Inc. (FMBI) Analyst Opinion
First Midwest Bancorp, Inc. has a consensus outperform rating from 10 Wall Street analysts, and the number of shares currently sold short amount to at least 1.39% of shares outstanding. The stock sank -9.54% last month and is down -15.81 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover FMBI having a buy-equivalent rating. Analysts have placed a $25.89 price target on First Midwest Bancorp, Inc., suggesting a 21.89% gain from recent close. It’s currently trading about -17.77% below its 52-week high.First Midwest Bancorp, Inc. Earnings Surprise
First Midwest Bancorp, Inc. (FMBI) revenue totaled $164.23 million up 5.85% from the previous quarter.
This stock (FMBI) is ahead of its 52-week low with 13.89%. Its last month’s stock price volatility remained 2.85% which for the week stands at 1.9%. The share price has moved backward from its 20 days moving average, trading at a distance of -6.47% and stays -7.85% away from its 50 days moving average. Over the last five days, shares have faced -3.59% losses and now is down -9.16% since hitting its 200-day moving average of $23.38. First Midwest Bancorp, Inc. (FMBI) has made its way to a 12-month gain of 12.56%.
Turning to Scorpio Tankers Inc. (NYSE:STNG), its shares were trading at $3.42 a retreat of $-0.13, on the trading floor. The stock, after opening at $3.52, touched a high of $3.55 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.9. Scorpio Tankers Inc. has 5 buy ratings, 2 holds and 0 sells even after the stock tumbled -38.16% from its high of $5.53 to a $772.58 million market value through last close.Scorpio Tankers Inc. (STNG) Consensus Price Target
The company’s consensus rating on Reuter’s scale remained unchanged from 1.81 to 1.81 during a month. Analysts set a 12-month price target of $5.87 a share. The target implies a 71.64% spike from where the shares are currently trading. Also, the current price highlights a discount of 133.92% to analysts’ high consensus price target.Scorpio Tankers Inc. (NYSE:STNG) Intraday Trading
The counter witnessed a trading volume of 1.67 million shares versus an average volume of 2.94 million shares during last trading session. Its last month’s stock price volatility remained 2.75% which for the week approaches 3.12%. The lowest price the stock reached in the last trading day was $3.42 and compares with the $3.42 52-week low. The stock recovered 0% since its low point and has performed -24.5% year-to-date.