Radian Group Inc. (NYSE:RDN) is gaining traction with investors, as evidenced by its 1.36 million shares volume. The daily trading volume average remained 1.53 million shares over the course of 3 months. The stock had opened the regular trading at $17.7 and managed a -2.93% price change to reach $17.24 through the close.Radian Group Inc. (RDN) Analyst Opinion
Radian Group Inc. has a consensus outperform rating from 12 Wall Street analysts, and the number of shares currently sold short amount to at least 0.85% of shares outstanding. The stock sank -0.17% last month and is down -4.12 this year. Wall Street is only getting more bullish on the stock, with 10 of analysts who cover RDN having a buy-equivalent rating. Analysts have placed a $21.2 price target on Radian Group Inc., suggesting a 22.97% gain from recent close. It’s currently trading about -13.24% below its 52-week high.Radian Group Inc. Earnings Surprise
Radian Group Inc. (RDN) surprised the stock market in its last reported earnings when it earned $0.48 a piece versus the consensus-estimated $0.41. Its revenue totaled $226.41 million up 2.08% from the previous quarter.
This stock (RDN) is ahead of its 52-week low with 36.28%. Its last month’s stock price volatility remained 2.25% which for the week stands at 2.02%. The share price has moved backward from its 20 days moving average, trading at a distance of -1.27% and stays 1.44% away from its 50 days moving average. Over the last five days, shares have faced -1.03% losses and now is up 0.42% since hitting its 200-day moving average of $17.69. Radian Group Inc. (RDN) has made its way to a 12-month gain of 35.64%.
Turning to Silver Spring Networks, Inc. (NYSE:SSNI), its shares were trading at $12.89 a retreat of $-0.49, on the trading floor. The stock, after opening at $13.22, touched a high of $13.22 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.2. Silver Spring Networks, Inc. has 4 buy ratings, 6 holds and 0 sells even after the stock tumbled -16.3% from its high of $15.4 to a $686.65 million market value through last close.Silver Spring Networks, Inc. (SSNI) Consensus Price Target
The company’s consensus rating on Reuter’s scale remained unchanged from 2.17 to 2.17 during a month. Analysts set a 12-month price target of $13.7 a share. The target implies a 6.28% spike from where the shares are currently trading. Also, the current price highlights a discount of 47.4% to analysts’ high consensus price target.Silver Spring Networks, Inc. (NYSE:SSNI) Intraday Trading
The counter witnessed a trading volume of 0.62 million shares versus an average volume of 0.29 million shares during last trading session. Its last month’s stock price volatility remained 5.63% which for the week approaches 3.14%. The lowest price the stock reached in the last trading day was $12.76 and compares with the $9.68 52-week low. The stock recovered 33.23% since its low point and has performed -3.16% year-to-date.