A Look Ahead For 2 Stocks: Gold Standard Ventures Corp (GSV), Applied Optoelectronics, Inc. (AAOI)

Shares of Gold Standard Ventures Corp (NYSE:GSV) opened at $1.46, and ended -4.05% lower at $1.42. Nearly 0.3 million shares were traded by the close, lower than its average daily volume of 0.36 million shares.

Gold Standard Ventures Corp (GSV) Analyst Opinion

Gold Standard Ventures Corp has a consensus outperform rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 4.16% of shares outstanding. The stock spiked 9.23% last month and is down -33.33 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover GSV having a buy-equivalent rating. Analysts have placed a $1.78 price target on Gold Standard Ventures Corp, suggesting a 25.35% gain from recent close. It’s currently trading about -51.86% below its 52-week high.

Gold Standard Ventures Corp (NYSE:GSV) Intraday View

This stock (GSV) is ahead of its 52-week low with 13.6%. Its last month’s stock price volatility remained 6.23% which for the week stands at 5.39%. The share price has moved backward from its 20 days moving average, trading at a distance of -4.1% and stays -5.47% away from its 50 days moving average. Over the last five days, shares have faced -3.4% losses and now is down -21.16% since hitting its 200-day moving average of $1.66. Gold Standard Ventures Corp (GSV) has made its way to a 12-month decline of -41.32%.

Turning to Applied Optoelectronics, Inc. (NASDAQ:AAOI), its shares were trading at $40.74 a retreat of $-1.72, on the trading floor. The stock, after opening at $41.99, touched a high of $42.379 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.2. Applied Optoelectronics, Inc. has 3 buy ratings, 1 holds and 1 sells even after the stock tumbled -60.6% from its high of $103.41 to a $783.02 million market value through last close.

Applied Optoelectronics, Inc. (AAOI) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2.33 to 2.38 during a month. Analysts set a 12-month price target of $54.28 a share. The target implies a 33.24% spike from where the shares are currently trading. Also, the current price highlights a discount of 86.55% to analysts’ high consensus price target.

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Intraday Trading

The counter witnessed a trading volume of 1.07 million shares versus an average volume of 2.24 million shares during last trading session. Its last month’s stock price volatility remained 5.21% which for the week approaches 5.13%. The lowest price the stock reached in the last trading day was $40.67 and compares with the $21.88 52-week low. The stock recovered 86.2% since its low point and has performed 73.81% year-to-date.

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