Vonage Holdings Corp. (NYSE:VG) trade volume has increased by 9.94% as around 2,154,826 shares were sold when compared with its 50-day average volume of traded shares which is 1,960,000. At the moment, VG is witnessing a downtrend, as it is trading -13.02% below its 20-day SMA, -20.6% below its 50-day SMA, and -15.11% below its 200-day SMA. The company runs an ROE of roughly -2.5%, with financial analysts predicting that their earnings per share growth will be around 10% per annum for the next five year. This will be compared to the 0% decrease witnessed over the past five years.
The last few days have been rough for Vonage Holdings Corp. (VG), as its price has decreased by -5.7% during the week. It has also performed poorly over the past three months, as it lost around -27.34% while it has so far climbed around 11.32% during the course of a year. The price of the stock went down by -$0.23 now trading at $10.42. Their shares witnessed a 13.76% increase from the 52-week low price of $9.16 they recorded on 2017-11-21. Even though it is still -41.36% behind the $14.73 high touched on 2018-09-11. The stock of VG recorded 2.46% uptrend from the beginning of this year till date. The 12-month potential price target for Vonage Holdings Corp. is set at $17.25. This target means that the stock has an upside potential to increase by 65.55% from the current trading price.
When giving their opinion, around 88.89% of Wall Street analysts, which represents 8 out of 9 rated the stock as a Buy. 1 brokerage firms of the remaining 11.11% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate VG shares held by institutional investors represents 89.5% of total shares. 47 institutions entered new Vonage Holdings Corp. (NYSE:VG) positions, 161 added to their existing positions in these shares, 113 lowered their positions, and 23 exited their positions entirely.
The first technical resistance point for Vonage Holdings Corp. (NYSE:VG) will likely come at $10.61, marking a 1.79% premium to the current level. The second resistance point is at $10.79, about 3.43% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $10.11, the lower end of the range. VG’s 14-day MACD is -0.6 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 27.91, which shows that its stock has been oversold. The 20-day historical volatility for the stock stands at 54.83 percent, which is high when compared to that of the 50-day’s 45.06 percent.
The shares of Brookfield Property Partners L.P. (NASDAQ:BPY) has decreased by -2.35%, and now trading at $17.89 on the Wall Street in the intra-day deal, with their shares traded now around 2,588,718. This is a rise of 110,602 shares over the average 2,478,116 shares that were traded daily over the last three months. The stock that is trading at $17.89 went lower by -1.32% from its 52-week low of $18.13 that it attained back on 2018-11-20. The stock recorded a 52-week high of $22.83 nearly 364 days ago on 2017-11-22.
BPY stock hasn’t performed well over the past 30 days, as it lost -8.58% while its price plunged by -19.27% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -6.87% over the last week. The stock’s 12-month potential target price is now at $23.13. This means that the stock price might likely increase by 29.29% from its current trading price.4 out of 4 Wall Street analysts which represents 100% rated the stock as a buy while the remaining 0 rated it as a hold, with 0 of analysts rating it as a sell.
Brookfield Property Partners L.P. (NASDAQ:BPY) has been utilizing an ROE that is roughly 7.9%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the -41% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -5.52% below its 20-day SMA, -9.11% below its 50-day SMA, and -9.48% below its 200-day SMA. In percentage terms, the aggregate Brookfield Property Partners L.P. shares held by institutional investors is 90.12%. 34 institutions jumped in to acquire Brookfield Property Partners L.P. (BPY) fresh stake, 75 added to their current holdings in these shares, 417 lowered their positions, and 261 left no stake in the company.
The stock’s 9-day MACD is -0.53 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 23.41, which shows that its stock has been oversold. The 20-day historical volatility for the shares stand at 21.53 percent, which is more when compared to that of the 50-day’s 20.4 percent. On the daily chart, we see that the stock could reach the first level of resistance at $18.16, sporting a 1.49% premium to the current level. The next resistance point is at $18.44, representing nearly 2.98% premium to the current market price of Brookfield Property Partners L.P. (BPY). On the other hand, failure to breach the immediate hurdles can drag it down to $17.38, the lower end of the range.