Did Bullish Analysts Misfire on Catalyst Biosciences, Inc. (CBIO) and e.l.f. Beauty, Inc. (ELF)?

Catalyst Biosciences, Inc. (NASDAQ:CBIO) recent gain occurred on high volume with 293836 contracts changing hands on 16-Jan-19. That’s greater from its daily average of 183140 contracts. The first sale was made at $8.13 but later the stock became weaker, and closed with a gain of 0.86%. It was last traded at $8.22 apiece.

Catalyst Biosciences, Inc. (CBIO): Outperform Candidate With 208.76% Upside Potential

Catalyst Biosciences, Inc. is maintained at an average outperform rating by 4 stock analysts, and there are at least 8.63% of shares outstanding that are currently legally short sold. The shares went down by -14.55% in value last month. Year-to-date it jumped 4.18%. Analysts are turning out to be more optimistic than before, with 3 of analysts who cover Catalyst Biosciences, Inc. (NASDAQ:CBIO) advice adding it to buy candidate list. Wall Street experts also assign a $25.38 price target on Catalyst Biosciences, Inc., pointing towards a 208.76% rally from current levels. The stock is trading for about -77.78% less than its 52-week high.

CBIO Retreats -11.8% In A Week

This company shares (CBIO) so far managed to recover 32.58% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 7.32% while widening the period to a month, volatility was 10.79%. The share price has yet to cross its 20 days moving average, floating at a distance of -0.71% and sits -14.63% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -11.8% losses and is down by -42.72% compared with its 200-day moving average of $10.1. Also, Catalyst Biosciences, Inc. (CBIO) needs to overturn a -42.03% decrease it experienced over the past twelve months.

e.l.f. Beauty, Inc. (NYSE:ELF) Consensus Call At 3.1

As regular trading ended, e.l.f. Beauty, Inc. (ELF) stock brought in a -$0.18 drop to $8.12. The day started at a price of $8.31 but then traded as high as $8.38 before giving part of the gains back. As for this week, analysts appear content to stick with their bleak outlook with the consensus call at 3.1. e.l.f. Beauty, Inc. is given 1 buy-equivalent recommendations, 0 sells and 6 holds. The company shares sank -63.06% from their peak of $21.98 and now has a $391.38 million market value of equity.

e.l.f. Beauty, Inc. Could Grow 51.35% More

ELF’s mean recommendation on Reuter’s scale improved from 2.92 thirty days ago to 3 now, which indicates a hold consensus from the analyst community. They see e.l.f. Beauty, Inc. (ELF) price hitting a mean target of $12.29 a share, meaning the stock still has potential that could lift the price another 51.35% . Also, the recent close suggests the stock is underpriced by 72.41% compared to the most bullish target.

e.l.f. Beauty, Inc. (ELF) Returns -6.24% This Year

The company had seen its current volume reaching at 632075 shares in the last trade. That compares with the recent volume average of 733700. At the close of regular trading, its last week’s stock price volatility was 6.8% which for the month reaches 7.5%. e.l.f. Beauty, Inc. dipped to as low as $7.94 throughout the day and has returned -6.24% in this year. At one point in the past year, the shares traded as low as $7.5 but has recovered 8.27% since then.