The shares of Rite Aid Corporation (NYSE:RAD) has performed poorly over the past three months, as it lost around -22.96% while it has so far retreated around -44.68% during the course of a year. It went down by -$0.07 now trading at $1.04. Their shares witnessed a 6.12% increase from the 52-week low price of $0.98 they recorded on 2018-10-23. Even though it is still -145.19% behind the $2.55 high touched on 2018-01-12. The last few days have been rough for the stock, as its price has decreased by -5.45% during the week. The stock of RAD recorded -47.21% downtrend from the beginning of this year till date. The 12-month potential price target for Rite Aid Corporation is set at $1.25. This target means that the stock has an upside potential to increase by 20.19% from the current trading price.
When giving their opinion, around 0% of Wall Street analysts, which represents 0 out of 6 rated the stock as a Buy. 4 brokerage firms of the remaining 66.67% rated the stock as a Hold with 2 analyst rating it as a sell. Overall, the number of aggregate RAD shares held by institutional investors represents 52% of total shares. 40 institutions entered new Rite Aid Corporation (NYSE:RAD) positions, 110 added to their existing positions in these shares, 163 lowered their positions, and 71 exited their positions entirely.
Rite Aid Corporation (RAD) trade volume has increased by 8.01% as around 12,666,664 shares were sold when compared with its 50-day average volume of traded shares which is 11,727,315. At the moment, RAD is witnessing a downtrend, as it is trading -12.64% below its 20-day SMA, -9.61% below its 50-day SMA, and -32.15% below its 200-day SMA. The company runs an ROE of roughly 49.4%, with financial analysts predicting that their earnings per share growth will be around -3.69% per annum for the next five year. This will be compared to the -17.1% decrease witnessed over the past five years.
The first technical resistance point for Rite Aid Corporation (NYSE:RAD) will likely come at $1.1, marking a 5.45% premium to the current level. The second resistance point is at $1.16, about 10.34% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $0.98, the lower end of the range. RAD’s 14-day MACD is -0.05 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 35.33, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 58.37 percent, which is high when compared to that of the 50-day’s 54.84 percent.
The shares of Symantec Corporation (NASDAQ:SYMC) has decreased by -1.79%, and now trading at $21.96 on the Wall Street in the intra-day deal, with their shares traded now around 8,329,075. This is a decline of -583,951 shares over the average 8,913,026 shares that were traded daily over the last three months. The stock that is trading at $21.96 went higher by 25.56% from its 52-week low of $17.49 that it attained back on 2018-10-30. The stock recorded a 52-week high of $29.73 nearly 330 days ago on 2018-01-09.
SYMC stock has performed well over the past 30 days, as it added 12.62% while its price plunged by -21.74% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 0.5% over the last week. The stock’s 12-month potential target price is now at $22.6. This means that the stock price might likely increase by 2.91% from its current trading price.2 out of 28 Wall Street analysts which represents 7.14% rated the stock as a buy while the remaining 85.71 rated it as a hold, with 7.14 of analysts rating it as a sell.
Symantec Corporation (NASDAQ:SYMC) has been utilizing an ROE that is roughly 22.2%, with stock analysts predicting that the company’s EPS for the next five years will go up by 12.23% per year, following the -8% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -0.87% below its 20-day SMA, 5.65% above its 50-day SMA, and -2.5% below its 200-day SMA. In percentage terms, the aggregate Symantec Corporation shares held by institutional investors is 89.9%. 69 institutions jumped in to acquire Symantec Corporation (SYMC) fresh stake, 267 added to their current holdings in these shares, 204 lowered their positions, and 51 left no stake in the company.
The stock’s 9-day MACD is 0.07 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 50.74, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 35.25 percent, which is less when compared to that of the 50-day’s 43.09 percent. On the daily chart, we see that the stock could reach the first level of resistance at $22.49, sporting a 2.36% premium to the current level. The next resistance point is at $23.01, representing nearly 4.56% premium to the current market price of Symantec Corporation (SYMC). On the other hand, failure to breach the immediate hurdles can drag it down to $21.35, the lower end of the range.