Shares of ON Semiconductor Corporation (NASDAQ:ON) opened at $19.82, and ended 4.21% higher at $20.05. Nearly 6551042 shares were traded by the close, higher than its average daily volume of 5021400 shares.ON Semiconductor Corporation (ON) Analyst Opinion
ON Semiconductor Corporation is currently rated as outperform by 21 stock analysts, with the company still having around 6.33% shares outstanding that can be sold short legally. The value of their shares went up by 13.15% last month. Over the course of a year, the stock has grown by 21.44%. Financial analysts are becoming more bullish than ever, with the 13 analysts who cover the activities of ON advising investors to buy. Experts on Wall Street have set a price target of $25.48 for the stock. The decision was arrived after looking at their 27.08% gain from current levels. At the moment, ON Semiconductor Corporation (ON) trading price is around -17.52% below its 52-week high.ON Semiconductor Corporation Earnings Surprise
ON Semiconductor Corporation (ON) was successful in overcoming the expected $0.4 as the stock recorded an earnings of $0.43 a piece during their last financial report presentation. Revenue, meanwhile, had a distance of -7.54% from the previous quarter, with the company recording $1.39 billion in revenue.ON Semiconductor Corporation (NASDAQ:ON) Intraday View
The shares of ON Semiconductor Corporation (NASDAQ:ON) have struggled and recovered 37.8% ever since it recorded its 52 week low. During the course of 5 days, the stock price volatility has remained at 2.01%, increasing the time frame to a month, the volatility recorded was 2.81%. The price of their shares has been successful in staying above its 20 day-moving average, staying at a distance of 4.74% and while its 50-day moving average is around -1.36%. In a look at the previous five trading session ON stock has returned 2.61% and has spiked 2.98% when compared to its 200-day moving average that is $20.23. ON Semiconductor Corporation (ON) will look to overcome its -13.47% fall that it witnessed in the past year.
As the normal trading session ended, the stock of MEI Pharma, Inc. (NASDAQ:MEIP), fetched in a $-0.09 retreat to $2.5. The session began with the stock price at $2.59, hitting a high of $2.65 before down again. For the week, analysts seem to be okay with their bullish with the consensus call staying at 1.5. MEI Pharma, Inc. gets 4 buy analyst recommendations while 0 recommend a hold and 0 rated it as a sell. The shares of the company tumbled -47.92% from its high $4.8, with their overall market value now roughly $183.3 million.MEI Pharma, Inc. (MEIP) Consensus Price Target
The mean recommendation of MEIP on Reuter’s scale remained unchanged from 1.5 to 1.5 within 30 days. This figure implies that the majority of analysts rate it as a buy. The price target for MEI Pharma, Inc. (NASDAQ:MEIP) is now around $8.31 a share, implying the stock has what it takes to grow by 232.4%. The recent trading session also indicated the stock needs to add 340% more meet analysts’ high consensus price target.MEI Pharma, Inc. (NASDAQ:MEIP) Intraday Trading
The current trading volume of the company was 284260 shares during the last session. That compares with the recent average volume of 357620 shares. By the end of the regular trading session, the price volatility over a 1-week span was 6.29 % while over a month it stood at 5.67%. The stock price of MEIP dropped to $2.46 during the day and at a certain time in 12 months it traded as low as $1.82. It has made a 37.36% recovery since its 52-week low point and has returned -5.3% year-to-date. [T3]