A Critical Moment For TreeHouse Foods, Inc. (THS), Alexion Pharmaceuticals, Inc. (ALXN) – The RNS Daily

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A look at its monthly performance shows that TreeHouse Foods, Inc. (NYSE:THS) has recorded a 4.83% gain over the past 30 days. Over the past 12 months the stock has embarked on a rally that has seen it rise 42.19% and is now up by 18.16% since start of this year. The equity price rose 2.1% this week, a trend that has led to both investors and traders taking note of the stock. Its equity price climbed by 24.01% over the past three months which led to its overall six-month increase to stand at 23.9%.

The shares of TreeHouse Foods, Inc. (THS) dropped by -1.09% or -$0.66 from its last recorded high of $60.58 which it attained on January 17 to close at $59.92 per share. Over the past 52 weeks, the shares of TreeHouse Foods, Inc. has been trading as low as $36.35 before witnessing a massive surge by 64.84% or $23.57. This price movement has led to the THS stock receiving more attention and has become one to watch out for. It jumped by 1.71% on Tuesday and this got the market excited. The stock’s beta now stands at 0.55 and when compared to its 200-day moving average and its 50-day moving average, THS price stands 18.23% above and 10.15% above respectively. Its average daily volatility for this week is 1.68% which is less than the 2.24% recorded over the past month.

Experts from research firms are bullish about the near-term performance of TreeHouse Foods, Inc. with most of them predicting a $55.83 price target on a short-term (12 months) basis. The average price target by the analysts will see a -6.83% rise in the stock and would lead to THS’s market cap to surge to $3.1B. The stock has been rated an average 2.6, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 14 analysts that track TreeHouse Foods, Inc. (NYSE:THS) and find out that 11 of them rated it as a Hold. 3 of the 3 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.

A look at THS technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 65.3 point. Its trading volume has added 341554 shares compared to readings over the past three months as it recently exchanged 1064314 shares. This means there is improved activity from short-term traders as per session, its average trading volume is 722760 shares, and this is 1.47 times the normal volume.

The price of Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) currently stands at $124.26 after it went up by $4.21 or 3.51% and has found a strong support at $122.34 a share. If the ALXN price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $120.41 mark would also be bad for the stock as it means that the stock would plunge by 3.1% from its current position. However, if the stock price is able to trade above the resistance point around $125.28, then it could likely surge higher to try and break the upward resistance which stands at $126.29 a share. Its average daily volatility over the past one month stands at 2.83%. The stock has plunged by 2.28% from its 52-weeks high of $121.43 which it reached on Sep. 28, 2018. In general, it is 25.51% above its 52-weeks lowest point which stands at $92.56 and this setback was observed on Dec. 24, 2018.

Analysts have predicted a price target for Alexion Pharmaceuticals, Inc. (ALXN) for 1 year and it stands at an average $163.88/share. This means that it would likely increase by 31.88% from its current position. The current price of the stock has been moving between $121.43 and $124.37. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $125. On the other hand, one analyst is super bullish about the price, setting a target as high as $187.

The ALXN stock Stochastic Oscillator (%D) is at 27.33%, which means that it is currently oversold and its prices could jump very soon. The shares P/S ratio stands at 6.72 which compares to the 7.48 recorded by the industry or the 9.79 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 11.85, which is lower than the 4602.22 multiple of 12-month price-earnings (P/E). The company’s earnings have gone down, with a quarterly decrease rate of -40.6% over the past five years.

Analysts view Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) as a Buy, with 1.8 consensus rating. Reuters surveyed 16 analysts that follow ALXN and found that 2 of those analysts rated the stock as a Hold. The remaining 14 were divided, with 14 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Alexion Pharmaceuticals, Inc. (ALXN) shares or sell it if they already own it.

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