What’s Happening To These Stocks? – Photronics, Inc. (PLAB), Air Transport Services Group, Inc. (ATSG)

The opening price for Photronics, Inc. (NASDAQ:PLAB) was $7.5 and the volume amounted to 0.96 million shares which compares with the average volume of 0.58 million shares. The company stock experienced a 5.33% move to arrive at $7.9.

Photronics, Inc. (PLAB) Analyst Opinion

Photronics, Inc. has a consensus outperform rating from 3 Wall Street analysts, and the number of shares currently sold short amount to at least 5.48% of shares outstanding. The stock sank -6.51% last month and is down -7.33 this year. Wall Street is only getting more bullish on the stock, with 1 of analysts who cover PLAB having a buy-equivalent rating. Analysts have placed a $12 price target on Photronics, Inc., suggesting a 51.9% gain from recent close. It’s currently trading about -33.05% below its 52-week high.

Photronics, Inc. Earnings Surprise

Photronics, Inc. (PLAB) revenue totaled $112.17 million up 0.53% from the previous quarter.

Photronics, Inc. (NASDAQ:PLAB) Intraday View

This stock (PLAB) is ahead of its 52-week low with 9.72%. Its last month’s stock price volatility remained 6.53% which for the week stands at 4.27%. The share price has moved backward from its 20 days moving average, trading at a distance of -5.16% and stays -8.58% away from its 50 days moving average. Over the last five days, shares have managed 3.27% gains and now is down -14.65% since hitting its 200-day moving average of $8.77. Photronics, Inc. (PLAB) has made its way to a 12-month decline of -32.19%.

Turning to Air Transport Services Group, Inc. (NASDAQ:ATSG), its shares were trading at $25.19 a gain of $1.24, on the trading floor. The stock, after opening at $24.11, touched a high of $25.46 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.1. Air Transport Services Group, Inc. has 2 buy ratings, 2 holds and 0 sells even after the stock tumbled -8.96% from its high of $27.67 to a $1.48 billion market value through last close.

Air Transport Services Group, Inc. (ATSG) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.14 to 2 during a month. Analysts set a 12-month price target of $27.14 a share. The target implies a 7.74% spike from where the shares are currently trading. Also, the current price highlights a discount of 27.03% to analysts’ high consensus price target.

Air Transport Services Group, Inc. (NASDAQ:ATSG) Intraday Trading

The counter witnessed a trading volume of 1.13 million shares versus an average volume of 0.45 million shares during last trading session. Its last month’s stock price volatility remained 3.92% which for the week approaches 3.1%. The lowest price the stock reached in the last trading day was $24 and compares with the $15.34 52-week low. The stock recovered 64.21% since its low point and has performed 8.86% year-to-date.

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