Investors Feeling Jittery About Wheaton Precious Metals Corp. (WPM), Telefonaktiebolaget LM Ericsson (publ) (ERIC)

Wheaton Precious Metals Corp. (NYSE:WPM) attracted a higher number of shares in volume with 2.68 million contracts traded on 13-Nov-17. However, its trading capacity stayed around 2.53 million shares in normal days. The first sale was made at $20.21 but later the stock became weaker, and closed with a gain of 0.35%. It was last traded at $20.21 apiece.

Wheaton Precious Metals Corp. (WPM): Outperform Candidate With 28.15% Upside Potential

Wheaton Precious Metals Corp. is maintained at an average outperform rating by 13 stock analysts, and there are at least 2.35% of shares outstanding that are currently legally short sold. The shares went down by -0.54% in value last month. Year-to-date it jumped 4.61%. Analysts are turning out to be more optimistic than before, with 11 of analysts who cover Wheaton Precious Metals Corp. (NYSE:WPM) advice adding it to buy candidate list. Wall Street experts also assign a $25.9 price target on Wheaton Precious Metals Corp., pointing towards a 28.15% rally from current levels. The stock is trading for about -12.36% less than its 52-week high.

Wheaton Precious Metals Corp. Reports 10.59% Sales Growth

Wheaton Precious Metals Corp. (WPM) remained unsuccessful in beating the consensus-estimated $0.16 as it actually earned $0.15 per share in its last reported financial results. Revenue, on the other hand, scored 10.59% growth from the previous quarter, coming up with $220.82 million.

WPM Retreats -3.81% In A Week

This company shares (WPM) so far managed to recover 19.3% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 2.71% while shortening the period to a week, volatility was 2.4%. The share price has yet to cross its 20 days moving average, floating at a distance of -2.11% and sits 0.19% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned -3.81% losses and is down by -0.31% compared with its 200-day moving average of $20.03. Also, Wheaton Precious Metals Corp. (WPM) needs to expand a 12.78% increase it experienced over the past twelve months.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Consensus Call At 2.7

As regular trading ended, Telefonaktiebolaget LM Ericsson (publ) (ERIC) stock brought in a 0 drop to $6.01. The day started at a price of $6 but then traded as high as $6.02 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.7. Telefonaktiebolaget LM Ericsson (publ) is given 2 buy-equivalent recommendations, 0 sells and 6 holds. The company shares sank -19.54% from their peak of $ 7.47 and now has a $20.17 billion market value of equity.

Telefonaktiebolaget LM Ericsson (publ) Could Grow 5.66% More

ERIC’s mean recommendation on Reuter’s scale improved from 2.58 thirty days ago to 2.67 now, which indicates a hold consensus from the analyst community. They see Telefonaktiebolaget LM Ericsson (publ) (ERIC) price hitting a mean target of $6.35 a share, meaning the stock still has potential that could lift the price another 5.66% Also, the recent close suggests the stock is underpriced by 59.07% compared to the most bullish target.

Telefonaktiebolaget LM Ericsson (publ) (ERIC) Returns 3.09% This Year

The company had seen its current volume reaching at 2.66 million shares in the last trade. That compares with the recent volume average of 5.37 million. At the close of regular trading, its last week’s stock price volatility was 1.31% which for the month reaches 1.25%. Telefonaktiebolaget LM Ericsson (publ) dipped to as low as $5.99 throughout the day and has returned 3.09% in this year. At one point in the past year, the shares traded as low as $4.99 but has recovered 20.44% since then.

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