A Look Ahead For 2 Stocks: ADTRAN, Inc. (ADTN), Immune Design Corp. (IMDZ)

Shares of ADTRAN, Inc. (NASDAQ:ADTN) opened at $16.65, and ended -1.65% lower at $16.4. Nearly 1.05 million shares were traded by the close, higher than its average daily volume of 0.42 million shares.

ADTRAN, Inc. (ADTN) Analyst Opinion

ADTRAN, Inc. has a consensus outperform rating from 8 Wall Street analysts, and the number of shares currently sold short amount to at least 1.72% of shares outstanding. The stock sank -25.96% last month and is down -15.25 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover ADTN having a buy-equivalent rating. Analysts have placed a $19.88 price target on ADTRAN, Inc., suggesting a 21.22% gain from recent close. It’s currently trading about -34.66% below its 52-week high.

ADTRAN, Inc. Earnings Surprise

ADTRAN, Inc. (ADTN) surprised the stock market in its last reported earnings when it earned $0.01 a piece versus the consensus-estimated -$0.04. Its revenue totaled $125.03 million down -32.46% from the previous quarter.

ADTRAN, Inc. (NASDAQ:ADTN) Intraday View

This stock (ADTN) is ahead of its 52-week low with -0.76%. Its last month’s stock price volatility remained 5.76% which for the week stands at 3.43%. The share price has moved backward from its 20 days moving average, trading at a distance of -19.52% and stays -22.68% away from its 50 days moving average. Over the last five days, shares have faced -16.75% losses and now is down -23.09% since hitting its 200-day moving average of $21.89. ADTRAN, Inc. (ADTN) has made its way to a 12-month decline of -27.43%.

Turning to Immune Design Corp. (NASDAQ:IMDZ), its shares were trading at $3.7 a gain of $0.05, on the trading floor. The stock, after opening at $3.65, touched a high of $3.725 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.8. Immune Design Corp. has 2 buy ratings, 1 holds and 0 sells even after the stock tumbled -71.65% from its high of $13.05 to a $175.42 million market value through last close.

Immune Design Corp. (IMDZ) 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 $13.5 a share. The target implies a 264.86% spike from where the shares are currently trading. Also, the current price highlights a discount of 440.54% to analysts’ high consensus price target.

Immune Design Corp. (NASDAQ:IMDZ) Intraday Trading

The counter witnessed a trading volume of 0.48 million shares versus an average volume of 0.95 million shares during last trading session. Its last month’s stock price volatility remained 6.64% which for the week approaches 7.3%. The lowest price the stock reached in the last trading day was $3.55 and compares with the $3.50 52-week low. The stock recovered 5.71% since its low point and has performed -5.13% year-to-date.

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