A Technical Look At 2 Stocks: Ambev S.A. (ABEV), R.R. Donnelley & Sons Company (RRD)

Ambev S.A. (NYSE:ABEV) recorded a trading volume of 29.11 million shares, above its 90-day volume average of 17.72 million shares. The stock kicked off the session at $7.18 and later approached $7.3 with a change of 2.24%.

Ambev S.A. (ABEV) Analyst Opinion

Ambev S.A. has a consensus hold rating from 8 Wall Street analysts, and the number of shares currently sold short amount to at least 0.44% of shares outstanding. The stock spiked 13% last month and is up 13 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover ABEV having a buy-equivalent rating. Analysts have placed a $7.07 price target on Ambev S.A., suggesting a -3.15% decline from recent close. It’s currently trading about 1.11% above its 52-week high.

Ambev S.A. Earnings Surprise

Ambev S.A. (ABEV) surprised the stock market in its last reported earnings when it earned $0.09 a piece versus the consensus-estimated $0.08. Its revenue totaled $4.44 billion up 23.55% from the previous quarter.

Ambev S.A. (NYSE:ABEV) Intraday View

This stock (ABEV) is ahead of its 52-week low with 37.74%. Its last month’s stock price volatility remained 2.12% which for the week stands at 2.37%. The share price has moved forward from its 20 days moving average, trading at a distance of 6.51% and stays 8.03% away from its 50 days moving average. Over the last five days, shares have managed 6.1% gains and now is up 15.68% since hitting its 200-day moving average of $6.55. Ambev S.A. (ABEV) has made its way to a 12-month gain of 33.7%.

Turning to R.R. Donnelley & Sons Company (NYSE:RRD), its shares were trading at $8.14 a gain of $0.05, on the trading floor. The stock, after opening at $8.1, touched a high of $8.34 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. R.R. Donnelley & Sons Company has 0 buy ratings, 0 holds and 0 sells even after the stock tumbled -45.88% from its high of $15.04 to a $574.11 million market value through last close.

R.R. Donnelley & Sons Company (RRD) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2 to 2 during a month. Analysts set a 12-month price target of $12 a share. The target implies a 47.42% spike from where the shares are currently trading. Also, the current price highlights a discount of 96.56% to analysts’ high consensus price target.

R.R. Donnelley & Sons Company (NYSE:RRD) Intraday Trading

The counter witnessed a trading volume of 1.44 million shares versus an average volume of 0.89 million shares during last trading session. Its last month’s stock price volatility remained 4.42% which for the week approaches 5.13%. The lowest price the stock reached in the last trading day was $8 and compares with the $6.51 52-week low. The stock recovered 25.04% since its low point and has performed -12.47% year-to-date.

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