ASML Holding N.V. (NASDAQ:ASML) is offering a bear trap with a P/S ratio at 7.97. The broad Industrial Machinery/Components industry has an average P/S ratio of 3.42, which represents premium over the sector’s 2.67. In the past 13-year record, this ratio went down as low as 1.41 and as high as 8.1. Also, it is down from 0.92 of the total 832 rivals across the globe.
ASML traded at an unexpectedly low level on 01/16/2019 when the stock experienced a -1.22% loss to a closing price of $157.28. The company saw 531157 shares trade hands over the course of the day. Given that its average daily volume over the 5 sessions has been 673600 shares a day, this signifies a pretty significant change over the norm.ASML Holding N.V. (ASML) Analyst Gushes
Analysts are speculating a 65.95% move, based on the high target price ($261) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $208.6 price target, but the stock is already up 8.84% from its recent lows. However, the stock is trading at -29.04% versus recent highs ($221.66). Analysts believe that we could see stock price minimum in the $170 range (lowest target price), allowing for another 8.09% jump from its current position. Leading up to this report, we have seen a -2.33% fall in the stock price over the last 30 days and a -9.27% decline over the past 3 months. Overall, the share price is up 1.07% so far this year. Additionally, the stock had a day price range of $157.19 to $159.39.ASML Holding N.V. (ASML) Price Potential
Heading into the stock price potential, ASML Holding N.V. needs to grow just 30.34% to cross its median price target of $205. In order to determine directional movement, the 50-day and 200-day moving averages for ASML Holding N.V. (NASDAQ:ASML) are $160.3 and $183.05. Given that liquidity is king in short-term, ASML is a stock with 430.71 million shares outstanding that normally trades 0.31% of its float. The stock price recently experienced a 5-day loss of -3.46% with 4.49 average true range (ATR). ASML has a beta of 1.09 and RSI is 47.24.
Investors also need to beware of the First Solar, Inc. (NASDAQ:FSLR) valuations. The stock trades on a P/S of 1.88, which suggests that the shares are attractive compared with peers. The broad Semiconductors industry has an average P/S ratio of 2.34, which is significantly better than the sector’s 12.86. In the past 13-year record, this ratio went down as low as 0.33 and as high as 39.34. Also, it is down from 0.65 of the total 832 rivals across the globe.First Solar, Inc. (FSLR)’s Lead Over its Technicals
First Solar, Inc. by far traveled 29.55% versus a 1-year low price of $36.51. The share price was last seen 0.94% higher, reaching at $47.3 on Jan. 16, 2019. At recent session, the prices were hovering between $46.87 and $47.82. This company shares are 36.91% off its target price of $64.76 and the current market capitalization stands at $4.98B. The recent change has given its price a 8.23% lead over SMA 50 and -42.12% deficit over its 52-week high. The stock witnessed 8.39% gains, 2.56% gains and -12% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found FSLR’s volatility during a week at 2.12% and during a month it has been found around 4.12%.First Solar, Inc. (NASDAQ:FSLR) Intraday Metrics
First Solar, Inc. (FSLR) exchanged hands at an unexpectedly low level of 1100703 shares over the course of the day. Noting its average daily volume at 1115860 shares each day over the month, this signifies a pretty significant change over the norm.