A look at its monthly performance shows that Agilent Technologies, Inc. (NYSE:A) has recorded a -0.86% fall over the past 30 days. Over the past 12 months the stock has embarked on a rally that has seen it rise 19.63% and is now up by 19.18% since start of this year. The equity price sank -1.58% this week, a trend that has led to both investors and traders taking note of the stock. Its equity price climbed by 15.27% over the past three months which led to its overall six-month increase to stand at 23.9%.
The shares of Agilent Technologies, Inc. (A) dropped by -2.27% or -$1.87 from its last recorded high of $82.27 which it attained on March 21 to close at $80.4 per share. Over the past 52 weeks, the shares of Agilent Technologies, Inc. has been trading as low as $60.42 before witnessing a massive surge by 33.07% or $19.98. This price movement has led to the A stock receiving more attention and has become one to watch out for. It dipped by -0.72% on Monday and this got the market worried. The stock’s beta now stands at 1.39 and when compared to its 200-day moving average and its 50-day moving average, A price stands 14.56% above and 1.38% above respectively. Its average daily volatility for this week is 1.15% which is less than the 1.39% recorded over the past month.
Experts from research firms are bullish about the near-term performance of Agilent Technologies, Inc. with most of them predicting a $87.17 price target on a short-term (12 months) basis. The average price target by the analysts will see a 8.42% rise in the stock and would lead to A’s market cap to surge to $27.72B. The stock has been rated an average 1.7, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 14 analysts that track Agilent Technologies, Inc. (NYSE:A) and find out that 1 of them rated it as a Hold. 13 of the 13 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 A technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 50.27 point. Its trading volume has lost -93099 shares compared to readings over the past three months as it recently exchanged 1596901 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 1690000 shares, and this is 0.94 times the normal volume.
The price of Owens & Minor, Inc. (NYSE:OMI) currently stands at $3.75 after it went down by $-0.02 or -0.53% and has found a strong support at $3.65 a share. If the OMI price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $3.55 mark would also be bad for the stock as it means that the stock would plunge by 5.33% from its current position. However, if the stock price is able to trade above the resistance point around $3.84, then it could likely surge higher to try and break the upward resistance which stands at $3.93 a share. Its average daily volatility over the past one month stands at 5.56%. The stock has plunged by 2.93% from its 52-weeks high of $3.64 which it reached on Jun. 08, 2018. In general, it is 1.6% above its 52-weeks lowest point which stands at $3.69 and this setback was observed on Apr. 15, 2019.
Analysts have predicted a price target for Owens & Minor, Inc. (OMI) for 1 year and it stands at an average $5.83/share. This means that it would likely increase by 55.47% from its current position. The current price of the stock has been moving between $3.64 and $3.83. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $4.5. On the other hand, one analyst is super bullish about the price, setting a target as high as $7.
The OMI stock Stochastic Oscillator (%D) is at 15.55%, which means that it is currently oversold and its prices could jump very soon. The shares P/S ratio stands at 0.02 which compares to the 6.38 recorded by the industry or the 9 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 4.71, which is higher than the 0 multiple of 12-month price-earnings (P/E). The company’s earnings have gone down, with a quarterly decrease rate of -43.8% over the past five years.
Analysts view Owens & Minor, Inc. (NYSE:OMI) as a Sell, with 3.4 consensus rating. Reuters surveyed 9 analysts that follow OMI and found that 5 of those analysts rated the stock as a Hold. The remaining 4 were divided, with 0 analyst rating it as a Buy or a Strong Buy while 4 analysts advised investors to desist from buying Owens & Minor, Inc. (OMI) shares or sell it if they already own it.
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