Investors Eye Top Picks: EQM Midstream Partners, LP (EQM), Quotient Technology Inc. (QUOT) – GV Times

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The price of EQM Midstream Partners, LP (NYSE:EQM) went up by $0.03 now trading at $46.02. Their shares witnessed a 20.35% increase from the 52-week low price of $38.24 they recorded on 2019-03-01. Even though it is still -38.48% behind the $63.73 high touched on 2018-04-17. The last few days have been rough for the stock, as its price has decreased by -0.43% during the week. It has also performed better over the past three months, as it added around 4.33% while it has so far retreated around -22.79% during the course of a year. The stock of EQM recorded 6.4% uptrend from the beginning of this year till date. The 12-month potential price target for EQM Midstream Partners, LP is set at $52.67. This target means that the stock has an upside potential to increase by 14.45% from the current trading price.

30 institutions entered new EQM Midstream Partners, LP (NYSE:EQM) positions, 80 added to their existing positions in these shares, 121 lowered their positions, and 36 exited their positions entirely.

EQM Midstream Partners, LP (EQM) trade volume has decreased by -73.92% as around 196,278 shares were sold when compared with its 50-day average volume of traded shares which is 752,496. At the moment, EQM is witnessing a uptrend, as it is trading 1.17% above its 20-day SMA, 5.52% above its 50-day SMA, and -5.36% above its 200-day SMA. The company runs an ROE of roughly 6.7%, with financial analysts predicting that their earnings per share growth will be around 3.71% per annum for the next five year. This will be compared to the -15.4% decrease witnessed over the past five years.

The first technical resistance point for EQM Midstream Partners, LP (NYSE:EQM) will likely come at $46.21, marking a 0.41% premium to the current level. The second resistance point is at $46.4, about 0.82% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $45.49, the lower end of the range. EQM’s 14-day MACD is -0.14 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 58.75, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 18.98 percent, which is low when compared to that of the 50-day’s 27.9 percent.

The shares of Quotient Technology Inc. (NYSE:QUOT) has decreased by -2.49%, and now trading at $9.02 on the Wall Street in the intra-day deal, with their shares traded now around 312,197. This is a decline of -312,051 shares over the average 624,248 shares that were traded daily over the last three months. The stock that is trading at $9.02 went higher by 0.22% from its 52-week low of $9 that it attained back on 2019-04-15. The stock recorded a 52-week high of $15.98 nearly 217 days ago on 2018-09-11.

QUOT stock hasn’t performed well over the past 30 days, as it lost -11.31% while its price plunged by -15.54% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -6.24% over the last week. The stock’s 12-month potential target price is now at $15. This means that the stock price might likely increase by 66.3% from its current trading price. 6 out of 7 Wall Street analysts which represents 85.71% rated the stock as a buy while the remaining 14.29% rated it as a hold, with 0% of analysts rating it as a sell.

Quotient Technology Inc. (NYSE:QUOT) has been utilizing an ROE that is roughly -7.3%, with stock analysts predicting that the company’s EPS for the next five years will go up by 20% per year, following the 12% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -7.91% below its 20-day SMA, -8.96% below its 50-day SMA, and -26.95% below its 200-day SMA. In percentage terms, the aggregate Quotient Technology Inc. shares held by institutional investors is 82.8%. 20 institutions jumped in to acquire Quotient Technology Inc. (QUOT) fresh stake, 70 added to their current holdings in these shares, 52 lowered their positions, and 16 left no stake in the company.

The stock’s 9-day MACD is -0.3 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 20.68, which shows that its stock has been oversold. The 20-day historical volatility for the shares stand at 20.53 percent, which is less when compared to that of the 50-day’s 26.18 percent. On the daily chart, we see that the stock could reach the first level of resistance at $9.21, sporting a 2.06% premium to the current level. The next resistance point is at $9.41, representing nearly 4.14% premium to the current market price of Quotient Technology Inc. (QUOT). On the other hand, failure to breach the immediate hurdles can drag it down to $8.8, the lower end of the range.

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