A Point Investors Can’t Afford To Forget: Achaogen, Inc. (AKAO), Total System Services, Inc. (TSS) – The RNS Daily

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AKAO trading volume has added 32946754 shares compared to readings over the past three months as it recently exchanged 34656754 shares. This means there is improved activity from short-term traders as per session, its average trading volume is 1710000 shares, and this is 20.27 times the normal volume. A look at its technical analysis shows that its 14-day Relative Strength Index (RSI) is in a oversold zone after reaching 14.92 point.

Achaogen, Inc. (NASDAQ:AKAO) dipped by -88.88% over the past three months which led to its overall six-month decrease to stand at -95.95%. The equity price sank -70.06% this week, a trend that has led to both investors and traders taking note of the stock. A look at its monthly performance shows that its shares have recorded a -72.36% fall over the past 30 days. Over the past 12 months the stock has embarked on a drop that has seen it decline -98.67% and is now down by -87.34% since start of this year.

The shares of Achaogen, Inc. dropped by -98.93% or -$14.84 from its last recorded high of $15 which it attained on January 05 to close at $0.16 per share. Over the past 52 weeks, the shares of Achaogen, Inc. has been trading as low as $0.4 before witnessing a massive surge by -60% or $-0.24. This price movement has led to the AKAO stock receiving more attention and has become one to watch out for. It dipped by -68.55% on Monday and this got the market worried. The stock’s beta now stands at 0.81 and when compared to its 200-day moving average and its 50-day moving average, AKAO price stands -95.17% below and -80.05% below respectively. Its average daily volatility for this week is 34.58% which is more than the 17.03% recorded over the past month.

Experts from research firms are bullish about the near-term performance of Achaogen, Inc. (AKAO) with most of them predicting a $7.5 price target on a short-term (12 months) basis. The average price target by the analysts will see a 4587.5% rise in the stock and would lead to AKAO’s market cap to surge to $462.83M. The stock has been rated an average 2.7, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 6 analysts that track Achaogen, Inc. (NASDAQ:AKAO) and find out that 5 of them rated it as a Hold. 1 of the 1 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.

The price of Total System Services, Inc. (NYSE:TSS) currently stands at $99.62 after it went up by $0.4 or 0.4% and has found a strong support at $98.97 a share. If the TSS price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $98.32 mark would also be bad for the stock as it means that the stock would plunge by 1.3% from its current position. However, if the stock price is able to trade above the resistance point around $99.99, then it could likely surge higher to try and break the upward resistance which stands at $100.35 a share. Its average daily volatility over the past one month stands at 1.32%. The stock has plunged by 0.94% from its 52-weeks high of $98.685 which it reached on Sep. 13, 2018. In general, it is 24.13% above its 52-weeks lowest point which stands at $75.58 and this setback was observed on Dec. 26, 2018.

Analysts have predicted a price target for Total System Services, Inc. (TSS) for 1 year and it stands at an average $105.09/share. This means that it would likely increase by 5.49% from its current position. The current price of the stock has been moving between $98.685 and $99.7. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $90. On the other hand, one analyst is super bullish about the price, setting a target as high as $120.

The TSS stock Stochastic Oscillator (%D) is at 95.1%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 4.36 which compares to the 2.58 recorded by the industry or the 2.64 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 17.99, which is lower than the 31.73 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 19.7% over the past five years.

Analysts view Total System Services, Inc. (NYSE:TSS) as a Buy, with 2 consensus rating. Reuters surveyed 24 analysts that follow TSS and found that 9 of those analysts rated the stock as a Hold. The remaining 15 were divided, with 15 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Total System Services, Inc. (TSS) shares or sell it if they already own it.

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