Hot Stocks Among Investors: American Express Company (AXP), Finisar Corporation (FNSR)

Shares of American Express Company (NYSE:AXP) opened at $99.12, and ended -0.14% lower at $99.31. Nearly 1.81 million shares were traded by the close, lower than its average daily volume of 3.44 million shares.

American Express Company (AXP) Analyst Opinion

American Express Company has a consensus outperform rating from 33 Wall Street analysts, and the number of shares currently sold short amount to at least 0.81% of shares outstanding. The stock spiked 0.98% last month and is down 0 this year. Wall Street is only getting more bullish on the stock, with 14 of analysts who cover AXP having a buy-equivalent rating. Analysts have placed a $109.22 price target on American Express Company, suggesting a 9.98% gain from recent close. It’s currently trading about -3.81% below its 52-week high.

American Express Company Earnings Surprise

American Express Company (AXP) surprised the stock market in its last reported earnings when it earned $1.86 a piece versus the consensus-estimated $1.71. Its revenue totaled $9.46 billion up 7.05% from the previous quarter.

American Express Company (NYSE:AXP) Intraday View

This stock (AXP) is ahead of its 52-week low with 26.85%. Its last month’s stock price volatility remained 1.27% which for the week stands at 1.35%. The share price has moved backward from its 20 days moving average, trading at a distance of -1.13% and stays 1.93% away from its 50 days moving average. Over the last five days, shares have managed 1.63% gains and now is up 4.5% since hitting its 200-day moving average of $97.42. American Express Company (AXP) has made its way to a 12-month gain of 25.76%.

Turning to Finisar Corporation (NASDAQ:FNSR), its shares were trading at $17.16 a gain of $0.19, on the trading floor. The stock, after opening at $16.93, touched a high of $17.23 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.3. Finisar Corporation has 4 buy ratings, 6 holds and 0 sells even after the stock tumbled -40.81% from its high of $28.99 to a $1.96 billion market value through last close.

Finisar Corporation (FNSR) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.27 to 2.27 during a month. Analysts set a 12-month price target of $21.42 a share. The target implies a 24.83% spike from where the shares are currently trading. Also, the current price highlights a discount of 45.69% to analysts’ high consensus price target.

Finisar Corporation (NASDAQ:FNSR) Intraday Trading

The counter witnessed a trading volume of 1.48 million shares versus an average volume of 4.18 million shares during last trading session. Its last month’s stock price volatility remained 3.03% which for the week approaches 2.5%. The lowest price the stock reached in the last trading day was $16.89 and compares with the $14.25 52-week low. The stock recovered 20.41% since its low point and has performed -15.68% year-to-date.

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