Technical Roundup On Two Stocks – Popular, Inc. (BPOP), Huntsman Corporation (HUN)

Popular, Inc. (NASDAQ:BPOP) recently saw its volume around 1.17 million shares and on average it trades 1.36 million shares a day. The opening price of $35.47, led it to gain 3.99% to reach $36.26 upon the closing bell.

Popular, Inc. (BPOP) Analyst Opinion

Popular, Inc. has a consensus outperform rating from 9 Wall Street analysts, and the number of shares currently sold short amount to at least 3.38% of shares outstanding. The stock spiked 4.71% last month and is down -17.25 this year. Wall Street is only getting more bullish on the stock, with 7 of analysts who cover BPOP having a buy-equivalent rating. Analysts have placed a $44.83 price target on Popular, Inc., suggesting a 23.63% gain from recent close. It’s currently trading about -21.11% below its 52-week high.

Popular, Inc. Earnings Surprise

Popular, Inc. (BPOP) failed to surprise the stock market in its last reported earnings when it earned $0.78 a piece versus the consensus-estimated $0.94. Its revenue totaled $379.48 million up 1.34% from the previous quarter.

Popular, Inc. (NASDAQ:BPOP) Intraday View

This stock (BPOP) is ahead of its 52-week low with 13.15%. Its last month’s stock price volatility remained 2.68% which for the week stands at 3.63%. The share price has moved forward from its 20 days moving average, trading at a distance of 6.39% and stays 3.9% away from its 50 days moving average. Over the last five days, shares have managed 5.5% gains and now is down -7.55% since hitting its 200-day moving average of $38.19. Popular, Inc. (BPOP) has made its way to a 12-month decline of -9.96%.

Turning to Huntsman Corporation (NYSE:HUN), its shares were trading at $32.29 a gain of $1.51, on the trading floor. The stock, after opening at $30.97, touched a high of $32.44 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.7. Huntsman Corporation has 4 buy ratings, 0 holds and 0 sells even after the stock tumbled -0.92% from its high of $32.59 to a $7.74 billion market value through last close.

Huntsman Corporation (HUN) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 1.67 to 1.6 during a month. Analysts set a 12-month price target of $37.1 a share. The target implies a 14.9% spike from where the shares are currently trading. Also, the current price highlights a discount of 23.88% to analysts’ high consensus price target.

Huntsman Corporation (NYSE:HUN) Intraday Trading

The counter witnessed a trading volume of 5.73 million shares versus an average volume of 3.78 million shares during last trading session. Its last month’s stock price volatility remained 2.38% which for the week approaches 2.52%. The lowest price the stock reached in the last trading day was $30.82 and compares with the $18.18 52-week low. The stock recovered 77.61% since its low point and has performed 69.23% year-to-date.

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