VeriFone Systems, Inc. (NYSE:PAY) traded at an unexpectedly high level on 09/12/2017 when the stock experienced a 3% gain to a closing price of $21.31. The company saw 2.32 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 1.7 million shares a day, this signifies a pretty significant change over the norm.

VeriFone Systems, Inc. (PAY) Analyst Gushes

Analysts are speculating a 26.7% move, based on the high target price ($27) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $20.59 price target, but the stock is already up 42.64% from its recent lows. However, the stock is trading at 1.57% versus recent highs ($21.31). Analysts believe that we could see stock price minimum in the $15 range (lowest target price), allowing for another -29.61% drop from its current position. Leading up to this report, we have seen a 14.88% rise in the stock price over the last 30 days and a 16.77% increase over the past 3 months. Overall, the share price is up 20.19% so far this year. Additionally, PAY had a day price range of $20.13 to $21.31.

VeriFone Systems, Inc. (PAY) Price Potential

Heading into the stock price potential, VeriFone Systems, Inc. by far traveled -6.15% after crossing its median price target of $20. In order to determine directional movement, the 50-day and 200-day moving averages for VeriFone Systems, Inc. (NYSE:PAY) are $19.31 and $18.73. Given that liquidity is king in short-term, PAY is a stock with 111.95 million shares outstanding that normally trades 10.99% of its float. The stock price recently experienced a 5-day gain of 10.47% with 0.67 average true range (ATR). PAY has a beta of 1.95 and RSI is 78.3.

CPI Card Group Inc. (NASDAQ:PMTS)’s Lead Over its Technicals

On the other hand, CPI Card Group Inc. by far traveled 16% versus a 1-year low price of $0.86. The share price was last seen 1.28% higher, reaching at $1 on Sep. 12, 2017. At recent session, the prices were hovering between $0.99 and $1.03. This company shares are 232% off its target price of $3.32 and the current market capitalization stands at $52.77M. The recent change has given its price a -48.67% deficit over SMA 50 and -84.4% deficit over its 52-week high. The stock witnessed -20% declines, -58.33% declines and -76.47% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PMTS’s volatility during a week at 8.2% and during a month it has been found around 8.87%.

CPI Card Group Inc. (NASDAQ:PMTS) Intraday Metrics

CPI Card Group Inc. (PMTS) exchanged hands at an unexpectedly low level of 0.31 million shares over the course of the day. Noting its average daily volume at 460.3 million shares each day over the month, this signifies a pretty significant change over the norm.

CPI Card Group Inc. Target Levels

The market experts are predicting a 500% rally, based on the high target price ($6) for CPI Card Group Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $1.5 range (lowest target price). If faced, it would be a 50% jump from its current position. Overall, the share price is down -75.9% year to date.