A Look at 2 Trending Stocks: Catalyst Pharmaceuticals, Inc. (CPRX), Cavium, Inc. (CAVM)

Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX) recently saw its volume around 2.37 million shares and on average it trades 0.7 million shares a day. The opening price of $3.06, led it to gain 6.86% to reach $3.27 upon the closing bell.

Catalyst Pharmaceuticals, Inc. (CPRX) Analyst Opinion

Catalyst Pharmaceuticals, Inc. has a consensus outperform rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 4.68% of shares outstanding. The stock spiked 18.91% last month and is up 211.43 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover CPRX having a buy-equivalent rating. Analysts have placed a $5.44 price target on Catalyst Pharmaceuticals, Inc., suggesting a 66.36% gain from recent close. It’s currently trading about 0.93% above its 52-week high.

Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX) Intraday View

This stock (CPRX) is ahead of its 52-week low with 223.76%. Its last month’s stock price volatility remained 5.2% which for the week stands at 6.19%. The share price has moved forward from its 20 days moving average, trading at a distance of 12.33% and stays 20.91% away from its 50 days moving average. Over the last five days, shares have managed 10.47% gains and now is up 43.4% since hitting its 200-day moving average of $2.62. Catalyst Pharmaceuticals, Inc. (CPRX) has made its way to a 12-month gain of 168.03%.

Turning to Cavium, Inc. (NASDAQ:CAVM), its shares were trading at $87.2 a gain of $3.18, on the trading floor. The stock, after opening at $84.43, touched a high of $87.57 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. Cavium, Inc. has 4 buy ratings, 6 holds and 0 sells even after the stock climbed 3.31% from its high of $84.41 to a $6.07 billion market value through last close.

Cavium, Inc. (CAVM) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 1.9 to 2.11 during a month. Analysts set a 12-month price target of $79.94 a share. The target implies a -8.33% decrease from where the shares are currently trading. Also, the current price highlights a discount of -2.52% to analysts’ high consensus price target.

Cavium, Inc. (NASDAQ:CAVM) Intraday Trading

The counter witnessed a trading volume of 8.3 million shares versus an average volume of 1.07 million shares during last trading session. Its last month’s stock price volatility remained 2.76% which for the week approaches 2.77%. The lowest price the stock reached in the last trading day was $84.43 and compares with the $53.73 52-week low. The stock recovered 62.29% since its low point and has performed 39.65% year-to-date.

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