Endo International plc (NASDAQ:ENDP) sank -9.8% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a rally that has seen it rise 37.77% and is now up by 3.42% since start of this year. A look at its monthly performance shows that the stock has recorded a -10.55% fall over the past 30 days. Its equity price dipped by -18.82% over the past three months which led to its overall six-month decrease to stand at -55.06%.
The shares of Endo International plc (ENDP) dropped by -59.19% or -$10.95 from its last recorded high of $18.5 which it attained on October 17 to close at $7.55 per share. Over the past 52 weeks, the shares of Endo International plc has been trading as low as $5.31 before witnessing a massive surge by 42.18% or $2.24. This price movement has led to the ENDP stock receiving more attention and has become one to watch out for. It jumped by 0.13% on Monday and this got the market excited. The stock’s beta now stands at 1.17 and when compared to its 200-day moving average and its 50-day moving average, ENDP price stands -38.16% below and -17.75% below respectively. Its average daily volatility for this week is 5.27% which is more than the 4.83% recorded over the past month.
Experts from research firms are bullish about the near-term performance of Endo International plc with most of them predicting a $14.17 price target on a short-term (12 months) basis. The average price target by the analysts will see a 87.68% rise in the stock and would lead to ENDP’s market cap to surge to $3.11B. The stock has been rated an average 2.6, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 15 analysts that track Endo International plc (NASDAQ:ENDP) and find out that 11 of them rated it as a Hold. 4 of the 4 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 ENDP technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 33.87 point. Its trading volume has lost -1038505 shares compared to readings over the past three months as it recently exchanged 2161495 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 3200000 shares, and this is 0.68 times the normal volume.
The price of Teradyne, Inc. (NASDAQ:TER) currently stands at $43.94 after it went down by $-0.2 or -0.45% and has found a strong support at $43.48 a share. If the TER price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $43.01 mark would also be bad for the stock as it means that the stock would plunge by 2.12% from its current position. However, if the stock price is able to trade above the resistance point around $44.33, then it could likely surge higher to try and break the upward resistance which stands at $44.71 a share. Its average daily volatility over the past one month stands at 2.25%. The stock has plunged by 1.23% from its 52-weeks high of $43.4 which it reached on Jul. 25, 2018. In general, it is 34.62% above its 52-weeks lowest point which stands at $28.73 and this setback was observed on Dec. 26, 2018.
The TER stock Stochastic Oscillator (%D) is at 86.12%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 3.74. The stock currently has an estimated price-earnings (P/E) multiple of 15.43, which is lower than the 20.98 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 24.4% over the past five years.
Analysts view Teradyne, Inc. (NASDAQ:TER) as a Hold, with 2.7 consensus rating. Reuters surveyed 15 analysts that follow TER and found that 13 of those analysts rated the stock as a Hold. The remaining 2 were divided, with 2 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Teradyne, Inc. (TER) shares or sell it if they already own it.
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