A Look Ahead For 2 Stocks: Arrowhead Pharmaceuticals, Inc. (ARWR), Internap Corporation (INAP)

Shares of Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) opened at $3.51, and ended 3.9% higher at $3.46. Nearly 1.94 million shares were traded by the close, higher than its average daily volume of 1.06 million shares.

Arrowhead Pharmaceuticals, Inc. (ARWR) Analyst Opinion

Arrowhead Pharmaceuticals, Inc. has a consensus outperform rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 5.94% of shares outstanding. The stock sank -5.72% last month and is up 123.23 this year. Wall Street is only getting more bullish on the stock, with 2 of analysts who cover ARWR having a buy-equivalent rating. Analysts have placed a $3.63 price target on Arrowhead Pharmaceuticals, Inc., suggesting a 4.91% gain from recent close. It’s currently trading about -23.79% below its 52-week high.

Arrowhead Pharmaceuticals, Inc. Earnings Surprise

Arrowhead Pharmaceuticals, Inc. (ARWR) surprised the stock market in its last reported earnings when it earned -$0.07 a piece versus the consensus-estimated -$0.14. Its revenue totaled $5.12 million down -43.05% from the previous quarter.

Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) Intraday View

This stock (ARWR) is ahead of its 52-week low with 188.33%. Its last month’s stock price volatility remained 6.88% which for the week stands at 6.06%. The share price has moved backward from its 20 days moving average, trading at a distance of -4.13% and stays -9.25% away from its 50 days moving average. Over the last five days, shares have faced -2.26% losses and now is up 42.93% since hitting its 200-day moving average of $2.69. Arrowhead Pharmaceuticals, Inc. (ARWR) has made its way to a 12-month gain of 150.72%.

Turning to Internap Corporation (NASDAQ:INAP), its shares were trading at $14.58 a retreat of $-1.18, on the trading floor. The stock, after opening at $15.77, touched a high of $15.86 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. Internap Corporation has 2 buy ratings, 1 holds and 0 sells even after the stock tumbled -34.79% from its high of $22.36 to a $301.95 million market value through last close.

Internap Corporation (INAP) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 1.8 to 1.8 during a month. Analysts set a 12-month price target of $23.08 a share. The target implies a 58.3% spike from where the shares are currently trading. Also, the current price highlights a discount of 92.04% to analysts’ high consensus price target.

Internap Corporation (NASDAQ:INAP) Intraday Trading

The counter witnessed a trading volume of 0.64 million shares versus an average volume of 0.23 million shares during last trading session. Its last month’s stock price volatility remained 7.66% which for the week approaches 6.36%. The lowest price the stock reached in the last trading day was $13.76 and compares with the $3.20 52-week low. The stock recovered 355.74% since its low point and has performed 136.69% year-to-date.

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