Today’s Picks: Back To School For Nemaura Medical Inc. (NMRD), GlobalSCAPE, Inc. (GSB) – GV Times

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The price of Nemaura Medical Inc. (NASDAQ:NMRD) went up by $0.02 now trading at $1.06. Their shares witnessed a 32.5% increase from the 52-week low price of $0.8 they recorded on 2018-12-27. Even though it is still -284.91% behind the $4.08 high touched on 2018-04-18. The last few days have been good for the stock, as its price has grew by 3.92% during the week. It has also performed better over the past three months, as it added around 0.95% while it has so far retreated around -74.21% during the course of a year. The stock of NMRD recorded 17.78% uptrend from the beginning of this year till date. The 12-month potential price target for Nemaura Medical Inc. is set at $0. This target means that the stock has an upside potential to increase by -100% from the current trading price.

2 institutions entered new Nemaura Medical Inc. (NASDAQ:NMRD) positions, 3 added to their existing positions in these shares, 3 lowered their positions, and 2 exited their positions entirely.

Nemaura Medical Inc. (NMRD) trade volume has decreased by -26.76% as around 83,555 shares were sold when compared with its 50-day average volume of traded shares which is 114,080. At the moment, NMRD is witnessing a uptrend, as it is trading 3.05% above its 20-day SMA, -0.89% below its 50-day SMA, and -39.87% below its 200-day SMA. The company runs an ROE of roughly -108.8%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the 0% decrease witnessed over the past five years.

The first technical resistance point for Nemaura Medical Inc. (NASDAQ:NMRD) will likely come at $1.07, marking a 0.93% premium to the current level. The second resistance point is at $1.09, about 2.75% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $1.01, the lower end of the range. NMRD’s 14-day MACD is 0.02 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 52.5, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 29.47 percent, which is low when compared to that of the 50-day’s 74.21 percent.

The shares of GlobalSCAPE, Inc. (NYSE:GSB) has increased by 0.81%, and now trading at $7.45 on the Wall Street in the intra-day deal, with their shares traded now around 73,261. This is a rise of 1,789 shares over the average 71,472 shares that were traded daily over the last three months. The stock that is trading at $7.45 went higher by 132.81% from its 52-week low of $3.2 that it attained back on 2018-08-09. The stock recorded a 52-week high of $7.5 nearly 1 days ago on 2019-04-15.

GSB stock has performed well over the past 30 days, as it added 19.2% while its price climbed by 66.29% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 6.13% over the last week. The stock’s 12-month potential target price is now at $0.

GlobalSCAPE, Inc. (NYSE:GSB) has been utilizing an ROE that is roughly 15%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the -2.9% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 10.62% above its 20-day SMA, 29.53% above its 50-day SMA, and 64.36% above its 200-day SMA. In percentage terms, the aggregate GlobalSCAPE, Inc. shares held by institutional investors is 23.5%. 5 institutions jumped in to acquire GlobalSCAPE, Inc. (GSB) fresh stake, 13 added to their current holdings in these shares, 13 lowered their positions, and 5 left no stake in the company.

The stock’s 9-day MACD is 0.24 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 76.81, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 44.08 percent, which is less when compared to that of the 50-day’s 71.28 percent. On the daily chart, we see that the stock could reach the first level of resistance at $7.54, sporting a 1.19% premium to the current level. The next resistance point is at $7.62, representing nearly 2.23% premium to the current market price of GlobalSCAPE, Inc. (GSB). On the other hand, failure to breach the immediate hurdles can drag it down to $7.2, the lower end of the range.

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