Analysts Shared Their Read on 2 Stocks: Rand Logistics, Inc. (RLOG), Tesco Corporation (TESO)

The opening price for Rand Logistics, Inc. (NASDAQ:RLOG) was $0.372 and the volume amounted to 4.46 million shares which compares with the average volume of 0.49 million shares. The company stock experienced a 4.94% move to arrive at $0.39.

Rand Logistics, Inc. Earnings Surprise

Rand Logistics, Inc. (RLOG) revenue totaled $4.4 million down -88.36% from the previous quarter.

Rand Logistics, Inc. (NASDAQ:RLOG) Intraday View

This stock (RLOG) is ahead of its 52-week low with 103.37%. Its last month’s stock price volatility remained 14.86% which for the week stands at 13.44%. The share price has moved forward from its 20 days moving average, trading at a distance of 11.07% and stays 23.39% away from its 50 days moving average. Over the last five days, shares have managed 7.01% gains and now is down -24.71% since hitting its 200-day moving average. Rand Logistics, Inc. (RLOG) has made its way to a 12-month decline of -43.18%.

Turning to Tesco Corporation (NASDAQ:TESO), its shares were trading at $4 a gain of $0.2, on the trading floor. The stock, after opening at $3.75, touched a high of $4 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.4. Tesco Corporation has 1 buy ratings, 4 holds and 0 sells even after the stock tumbled -58.55% from its high of $9.65 to a $206.92 million market value through last close.

Tesco Corporation (TESO) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.43 to 2.43 during a month. Analysts set a 12-month price target of $5.8 a share. The target implies a 45% spike from where the shares are currently trading. Also, the current price highlights a discount of 75% to analysts’ high consensus price target.

Tesco Corporation (NASDAQ:TESO) Intraday Trading

The counter witnessed a trading volume of 0.63 million shares versus an average volume of 0.66 million shares during last trading session. Its last month’s stock price volatility remained 5.88% which for the week approaches 5.98%. The lowest price the stock reached in the last trading day was $3.75 and compares with the $3.60 52-week low. The stock recovered 11.11% since its low point and has performed -51.52% year-to-date.

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