Stocks Moving In The Right Direction: Univar Inc. (UNVR) And Nordic American Tankers Limited (NAT) In The Spotlight

Univar Inc. (NYSE:UNVR) recorded -25.55% downtrend from the beginning of this year till date. The 12-month potential price target for Univar Inc. is set at $34.75. This target means that the stock has an upside potential to increase by 50.76% from the current trading price. The stock of UNVR went up by $0.85 now trading at $23.05. Their shares witnessed a 14.79% increase from the 52-week low price of $20.08 they recorded on 2018-11-06. Even though it is still -38.61% behind the $31.95 high touched on 2017-12-20. The last few days have been rough for the stock, as its price has decreased by -6.38% during the week. It has also performed poorly over the past three months, as it lost around -17.15% while it has so far retreated around -25.6% during the course of a year.

When giving their opinion, around 75% of Wall Street analysts, which represents 6 out of 8 rated the stock as a Buy. 2 brokerage firms of the remaining 25% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate UNVR shares held by institutional investors represents 95.6% of total shares. 37 institutions entered new Univar Inc. (NYSE:UNVR) positions, 107 added to their existing positions in these shares, 96 lowered their positions, and 25 exited their positions entirely.

Univar Inc. (UNVR) trade volume has increased by 132.44% as around 3,557,703 shares were sold when compared with its 50-day average volume of traded shares which is 1,530,588. At the moment, UNVR is witnessing a downtrend, as it is trading -11.01% below its 20-day SMA, -17.15% below its 50-day SMA, and -17.35% below its 200-day SMA. The company runs an ROE of roughly 16.7%, with financial analysts predicting that their earnings per share growth will be around 22.57% per annum for the next five year. This will be compared to the 24.3% increase witnessed over the past five years.

The first technical resistance point for Univar Inc. (NYSE:UNVR) will likely come at $23.73, marking a 2.87% premium to the current level. The second resistance point is at $24.41, about 5.57% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $20.99, the lower end of the range. UNVR’s 14-day MACD is -0.99 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 34.9, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 67.29 percent, which is high when compared to that of the 50-day’s 48.05 percent.

The shares of Nordic American Tankers Limited (NYSE:NAT) has increased by 2.72%, and now trading at $3.4 on the Wall Street in the intra-day deal, with their shares traded now around 2,973,510. This is a rise of 1,851,114 shares over the average 1,122,396 shares that were traded daily over the last three months. The stock that is trading at $3.4 went higher by 86.81% from its 52-week low of $1.82 that it attained back on 2018-04-03. The stock recorded a 52-week high of $4.53 nearly 364 days ago on 2017-11-09.

NAT stock has performed well over the past 30 days, as it added 39.92% while its price climbed by 38.21% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 31.27% over the last week. The stock’s 12-month potential target price is now at $3.46. This means that the stock price might likely increase by 1.76% from its current trading price.2 out of 11 Wall Street analysts which represents 18.18% rated the stock as a buy while the remaining 63.64 rated it as a hold, with 18.18 of analysts rating it as a sell.

Nordic American Tankers Limited (NYSE:NAT) has been utilizing an ROE that is roughly -33.1%, with stock analysts predicting that the company’s EPS for the next five years will go up by 5% per year, following the -7.2% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 34.49% above its 20-day SMA, 47.02% above its 50-day SMA, and 49.94% above its 200-day SMA. In percentage terms, the aggregate Nordic American Tankers Limited shares held by institutional investors is 26.6%. 21 institutions jumped in to acquire Nordic American Tankers Limited (NAT) fresh stake, 67 added to their current holdings in these shares, 49 lowered their positions, and 17 left no stake in the company.

The stock’s 9-day MACD is 0.36 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 84.82, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 64.84 percent, which is more when compared to that of the 50-day’s 59.85 percent. On the daily chart, we see that the stock could reach the first level of resistance at $3.46, sporting a 1.73% premium to the current level. The next resistance point is at $3.52, representing nearly 3.41% premium to the current market price of Nordic American Tankers Limited (NAT). On the other hand, failure to breach the immediate hurdles can drag it down to $3.18, the lower end of the range.