Shares of Twitter, Inc. (NYSE:TWTR) opened at $35.42, and ended -2.54% lower at $34.85. Nearly 24.78 million shares were traded by the close, lower than its average daily volume of 29.11 million shares.Twitter, Inc. (TWTR) Analyst Opinion
Twitter, Inc. has a consensus hold rating from 38 Wall Street analysts, and the number of shares currently sold short amount to at least 5.58% of shares outstanding. The stock spiked 38.07% last month and is up 45.15 this year. Wall Street is only getting more bearish on the stock, with 7 of analysts who cover TWTR having a buy-equivalent rating. Analysts have placed a $27.55 price target on Twitter, Inc., suggesting a -20.95% decline from recent close. It’s currently trading about -2.71% below its 52-week high.
Twitter, Inc. (TWTR) surprised the stock market in its last reported earnings when it earned $0.19 a piece versus the consensus-estimated $0.14. Its revenue totaled $686.06 million up 16.35% from the previous quarter.Twitter, Inc. (NYSE:TWTR) Intraday View
This stock (TWTR) is ahead of its 52-week low with 146.81%. Its last month’s stock price volatility remained 4.82% which for the week stands at 5.11%. The share price has moved forward from its 20 days moving average, trading at a distance of 7.27% and stays 26% away from its 50 days moving average. Over the last five days, shares have managed 8.1% gains and now is up 67.14% since hitting its 200-day moving average of $22.29. Twitter, Inc. (TWTR) has made its way to a 12-month gain of 128.67%.
Turning to Scorpio Tankers Inc. (NYSE:STNG), its shares were trading at $2.3 a retreat of $-0.06, on the trading floor. The stock, after opening at $2.36, touched a high of $2.39 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.9. Scorpio Tankers Inc. has 6 buy ratings, 2 holds and 0 sells even after the stock tumbled -51.98% from its high of $4.79 to a $722.57 million market value through last close.
The company’s consensus rating on Reuter’s scale remained unchanged from 1.73 to 1.73 during a month. Analysts set a 12-month price target of $4.55 a share. The target implies a 97.83% spike from where the shares are currently trading. Also, the current price highlights a discount of 160.87% to analysts’ high consensus price target.
The counter witnessed a trading volume of 2.42 million shares versus an average volume of 3.94 million shares during last trading session. Its last month’s stock price volatility remained 4.97% which for the week approaches 4.75%. The lowest price the stock reached in the last trading day was $2.29 and compares with the $2.19 52-week low. The stock recovered 5.02% since its low point and has performed -24.59% year-to-date.