Progenics Pharmaceuticals, Inc. (NASDAQ:PGNX) popped in on a high volume green day. Volume on 08-Nov-18 came in at 1.66 million contracts. The daily trading volume has averaged 1.6 million shares a day in past 3 months. The first sale was made at $5.4 but later the stock became weaker, and closed with a gain of 0.62%. It was last traded at $5.64 apiece.Progenics Pharmaceuticals, Inc. (PGNX): Buy Candidate With 121.63% Upside Potential
Progenics Pharmaceuticals, Inc. is maintained at an average buy rating by 4 stock analysts, and there are at least 12.93% of shares outstanding that are currently legally short sold. The shares went down by -1.66% in value last month. Year-to-date it plunged -5.13%. Analysts are turning out to be more optimistic than before, with 4 of analysts who cover Progenics Pharmaceuticals, Inc. (NASDAQ:PGNX) advice adding it to buy candidate list. Wall Street experts also assign a $12.5 price target on Progenics Pharmaceuticals, Inc., pointing towards a 121.63% rally from current levels. The stock is trading for about -40.06% less than its 52-week high.
Revenue scored 15.05% growth from the previous quarter, coming up with $3.67 million.PGNX Adds 7.52% In A Week
This company shares (PGNX) so far managed to recover 20.75% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 8.18% while shortening the period to a week, volatility was 6.99%. The share price has already crossed its 20 days moving average, floating at a distance of 6.27% and sits -7.48% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned 7.52% gains and is down by -21.14% compared with its 200-day moving average of $7.276. Also, Progenics Pharmaceuticals, Inc. (PGNX) needs to overturn a -0.62% decrease it experienced over the past twelve months.
As regular trading ended, Redfin Corporation (RDFN) stock brought in a -$0.58 drop to $14.85. The day started at a price of $15.37 but then traded as high as $15.37 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.5. Redfin Corporation is given 3 buy-equivalent recommendations, 0 sells and 5 holds. The company shares sank -52.86% from their peak of $31.5 and now has a $1.33 billion market value of equity.
RDFN’s mean recommendation on Reuter’s scale presents no change from 2.5 thirty days ago to 2.5 now, which indicates a hold consensus from the analyst community. They see Redfin Corporation (RDFN) price hitting a mean target of $20.64 a share, meaning the stock still has potential that could lift the price another 38.99% . Also, the recent close suggests the stock is underpriced by 81.82% compared to the most bullish target.
The company had seen its current volume reaching at 1.56 million shares in the last trade. That compares with the recent volume average of 1.36 million. At the close of regular trading, its last week’s stock price volatility was 6.21% which for the month reaches 5.77%. Redfin Corporation dipped to as low as $14.75 throughout the day and has returned -52.59% in this year. At one point in the past year, the shares traded as low as $14.46 but has recovered 2.7% since then.