Axsome Therapeutics, Inc. (NASDAQ:AXSM) recently ticked higher on strong volume. About 1182960 contracts were traded on 18-Jun-19 compared to daily average volume of 947600 shares. The first sale was made at $23.27 but later the stock became weaker, and closed with a gain of 4.66%. It was last traded at $24.25 apiece.

Axsome Therapeutics, Inc. (AXSM): Buy Candidate With 44.33% Upside Potential

Axsome Therapeutics, Inc. is maintained at an average buy rating by 6 stock analysts, and there are at least 25.51% of shares outstanding that are currently legally short sold. The shares went up by 5.07% in value last month. Year-to-date it jumped 759.93%. Analysts are turning out to be more optimistic than before, with 6 of analysts who cover Axsome Therapeutics, Inc. (NASDAQ:AXSM) advice adding it to buy candidate list. Wall Street experts also assign a $35 price target on Axsome Therapeutics, Inc., pointing towards a 44.33% rally from current levels. The stock is trading for about -8.32% less than its 52-week high.

AXSM Adds 16.31% In A Week

This company shares (AXSM) so far managed to recover 1150% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 6.01% while widening the period to a month, volatility was 7.37%. The share price has already crossed its 20 days moving average, floating at a distance of 5.05% and sits 22.63% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 16.31% gains and is up by 156.65% compared with its 200-day moving average of $12.33. Also, Axsome Therapeutics, Inc. (AXSM) needs to expand a 651.94% increase it experienced over the past twelve months.

II-VI Incorporated (NASDAQ:IIVI) Consensus Call At 2.1

As regular trading ended, II-VI Incorporated (IIVI) stock brought in a $1.32 rise to $35.29. The day started at a price of $34.49 but then traded as high as $35.6987 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 2.1. II-VI Incorporated is given 4 buy-equivalent recommendations, 0 sells and 2 holds. The company shares sank -30.46% from their peak of $50.75 and now has a $2.32 billion market value of equity.

II-VI Incorporated Could Grow 36.02% More

IIVI’s mean recommendation on Reuter’s scale presents no change from 1.8 thirty days ago to 1.8 now, which indicates a buy consensus from the analyst community. They see II-VI Incorporated (IIVI) price hitting a mean target of $48 a share, meaning the stock still has potential that could lift the price another 36.02% . Also, the recent close suggests the stock is underpriced by 61.52% compared to the most bullish target.

II-VI Incorporated (IIVI) Returns 8.72% This Year

The company had seen its current volume reaching at 602093 shares in the last trade. That compares with the recent volume average of 591020. At the close of regular trading, its last week’s stock price volatility was 3.46% which for the month reaches 3.11%. II-VI Incorporated dipped to as low as $34.2189 throughout the day and has returned 8.72% in this year. At one point in the past year, the shares traded as low as $29.31 but has recovered 20.4% since then. [T4]