Annaly Capital Management, Inc. (NYSE:NLY) current P/S is an impressive 3.3. The overall REIT – Diversified group has an average P/S ratio of 10.09, which is significantly worse than the sector’s 5.71.
NLY traded at an unexpectedly low level on 07/01/2019 when the stock experienced a -0.33% loss to a closing price of $9.1. The company saw 13.17 million shares trade hands over the course of the day. Given that its average daily volume over the 5 sessions has been 15.18 million shares a day, this signifies a pretty significant change over the norm.
Analysts are speculating a 20.88% move, based on the high target price ($11) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $10.07 price target, but the stock is already up 4.12% from its recent lows. However, the stock is trading at -15.58% versus recent highs ($10.78). Analysts believe that we could see stock price minimum in the $9.25 range (lowest target price), allowing for another 1.65% jump from its current position. Leading up to this report, we have seen a 3.29% rise in the stock price over the last 30 days and a -9.45% decline over the past 3 months. Overall, the share price is down -7.33% so far this year. Additionally, the stock had a day price range of $9.09 to $9.17.Annaly Capital Management, Inc. (NLY) Price Potential
Heading into the stock price potential, Annaly Capital Management, Inc. needs to grow just 9.89% to cross its median price target of $10. In order to determine directional movement, the 50-day and 200-day moving averages for Annaly Capital Management, Inc. (NYSE:NLY) are $9.17 and $9.87. Given that liquidity is king in the short-term, NLY is a stock with 1.45 billion shares outstanding that normally trades 1.6% of its float. The stock price recently experienced a 5-day loss of -1.41% with 0.14 average true range (ATR). NLY has a beta of 0.46 and RSI is 43.96.
Investors also need to beware of the Teladoc Health, Inc. (NYSE:TDOC) valuations. The stock trades on a P/S of 10.41, which suggests that the shares are not attractive compared with peers. The broad Healthcare Information Services industry has an average P/S ratio of 6.52, which is significantly better than the sector’s 11.36.Teladoc Health, Inc. (TDOC)’s Lead Over its Technicals
Teladoc Health, Inc. by far traveled 60.88% versus a 1-year low price of $42.08. The share price was last seen 1.94% higher, reaching at $67.7 on Jul. 01, 2019. At recent session, the prices were hovering between $66.64 and $68.19. This company shares are 18.33% off its target price of $80.11 and the current market capitalization stands at $4.58B. The recent change has given its price a 14.47% lead over SMA 50 and -23.97% deficit over its 52-week high. The stock witnessed 16.48% gains, 26.24% gains and 39.85% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TDOC’s volatility during a week at 4.15% and during a month it has been found around 3.66%.
Teladoc Health, Inc. (TDOC) exchanged hands at an unexpectedly low level of 1.1 million shares over the course of the day. Noting its average daily volume at 1.36 million shares each day over the month, this signifies a pretty significant change over the norm.Teladoc Health, Inc. Target Levels
The market experts are predicting a 40.32% rally, based on the high target price of $95 for Teladoc Health, Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $65 range (lowest target price). If faced, it would be a -3.99% drop from its current position. Overall, the share price is up 36.57% year to date [T2].