Mar 13 was a weak volume day for Syros Pharmaceuticals, Inc. (NASDAQ:SYRS), with an upside momentum. The trading capacity for the firm moved to 0.25 million contracts. Over the past week, the average daily trading volume stood at about 147.73 million shares per day. The regular session started at $7.2 but as the trading went on, the stock escalated, ending the session with a gain of 10.82%. Its shares last traded at a price of $8.09 per share.Syros Pharmaceuticals, Inc. (SYRS): A 45.24% Rally In This Year — But Still Has Room To Grow 149.69%
According to 7 stock analysts, Syros Pharmaceuticals, Inc., is being kept at an average Outperform, rating, with at least 7.64% of shares outstanding that are currently legally short sold. The shares of the corporation went up by 25.82% during the previous month. So far this year, the stock had gone up by 45.24%. With these types of results, analysts are more optimistic than before, leading 6 of analysts who cover Syros Pharmaceuticals, Inc. (NASDAQ:SYRS) to advise their clients to include it in their buy candidate list. However, on the Street, the shares for the company have been tagged a $20.2 price target, indicating that the shares will rally 149.69% from its current levels. At the moment, the stock is trading for about -41.63% less than its 52-week high.
Syros Pharmaceuticals, Inc. (SYRS) has so far tried but failed to beat the consensus-estimated -$0.49, with their earning staying at -$0.54 per share. This was revealed in their last financial report. Their revenue meanwhile grew by -4.88% from the last quarter, totaling $390000.SYRS Is 20.5% Away From SMA20
The shares of the company (SYRS) staged the smart recovery and have roared back some 56.48% after stumbling to its new 52-weeks low. The share price volatility of the stock remained at 15.23% for the week and by increasing the timeframe to a month, the volatility stood at 8.47%. As for the share price, it has gone above the 20 days moving average and is now hovering within a distance of 20.5%. Currently the price is sitting at 26.48% higher than its 50 days moving average. Analyzing the last five market sessions, the stock was able to report 14.43% gains, thus going down by -11.91%, compared with its 200-day moving average of $8.01.Akorn, Inc. (NASDAQ:AKRX) Has 0 Buy or Better Ratings
Akorn, Inc. (AKRX) was also brought into the spotlight with a -$0.23 drop. As the regular session came to an end, the price changed by -6.15% to $3.51. The trading of the day started with the price of the stock at $3.78. However, at one point, in the middle of the day, the price touched a high of $3.79 before it finally returned some of the gains. Analyzing AKRX this week, analysts seem to be content with keeping to their neutral forecast call at 2.7. Akorn, Inc. analysts gave 0 buy-equivalent recommendations, 0 sells and 5 holds. This company shares tumbled -82.28% from their most recent record high of $19.81 and now hold $426.78 million in market value of equity.Akorn, Inc. Underpriced by 213.39%
AKRX’s mean recommendation on Reuter’s scale has so far not been altered from 2.71 thirty days ago to 2.71 now. This is an indication of a hold consensus from the analysts’ society. They expect that Akorn, Inc. (AKRX) price will be reaching a mean target of $6.75 a share. This implies that they believe the stock has what it takes to lift the price another 92.31%. The recent close goes a long way in suggesting that the stock price is being underpriced by a 213.39% compared to the most bullish target.Akorn, Inc. (AKRX) Returns 3.54% This Year
The company during the last trade was able to reach a volume of 5.57 million shares. That activity is comparable to their recent volume average trend of nearly 2.8 million shares which they recorded over a period of one week. The stock price volatility for last week at the close of regular trading was 7.74%, pushing the figure for the whole month to now reaching 7.49%. Akorn, Inc. price was kept to a minimum $3.5 in intra-day trade and has returned 3.54% this year alone. At a certain point in the past four quarters, the shares traded as low as $3.14 but made a 11.78% recovery since then. [T5]