Here’s What the rest of Wall Street is Missing: Kinross Gold Corporation (KGC), Coty Inc. (COTY)

Kinross Gold Corporation (NYSE:KGC) is still -69.5% behind the $4.78 high touched on 2018-01-24. Even though its shares witnessed a 18.49% increase from the 52-week low price of $2.38 they recorded on 2018-11-14. The price recently went up by $0.02 now trading at $2.82. The last few days have been good for the stock, as its price has grew by 4.06% during the week. It has also performed better over the past three months, as it added around 0.71% while it has so far retreated around -28.24% during the course of a year. The stock of KGC recorded -34.72% downtrend from the beginning of this year till date. The 12-month potential price target for Kinross Gold Corporation is set at $4.04. This target means that the stock has an upside potential to increase by 43.26% from the current trading price.

When giving their opinion, around 40.91% of Wall Street analysts, which represents 9 out of 22 rated the stock as a Buy. 13 brokerage firms of the remaining 59.09% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate KGC shares held by institutional investors represents 69.9% of total shares. 33 institutions entered new Kinross Gold Corporation (NYSE:KGC) positions, 109 added to their existing positions in these shares, 116 lowered their positions, and 32 exited their positions entirely.

Kinross Gold Corporation (KGC) trade volume has increased by 39.37% as around 20,766,763 shares were sold when compared with its 50-day average volume of traded shares which is 14,899,922. At the moment, KGC is witnessing a uptrend, as it is trading 7.1% above its 20-day SMA, 3.55% above its 50-day SMA, and -15.68% above its 200-day SMA. The company runs an ROE of roughly 4.8%, with financial analysts predicting that their earnings per share growth will be around -8.41% per annum for the next five year. This will be compared to the 16.6% increase witnessed over the past five years.

The first technical resistance point for Kinross Gold Corporation (NYSE:KGC) will likely come at $2.86, marking a 1.4% premium to the current level. The second resistance point is at $2.89, about 2.42% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $2.72, the lower end of the range. KGC’s 14-day MACD is 0.14 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 58.89, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 37.58 percent, which is low when compared to that of the 50-day’s 40.66 percent.

The shares of Coty Inc. (NYSE:COTY) has decreased by -3.28%, and now trading at $7.67 on the Wall Street in the intra-day deal, with their shares traded now around 12,473,456. This is a rise of 2,910,920 shares over the average 9,562,536 shares that were traded daily over the last three months. The stock that is trading at $7.67 went lower by -3.03% from its 52-week low of $7.91 that it attained back on 2018-12-06. The stock recorded a 52-week high of $21.68 nearly 290 days ago on 2018-02-20.

COTY stock hasn’t performed well over the past 30 days, as it lost -30.65% while its price plunged by -61.44% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -9.98% over the last week. The stock’s 12-month potential target price is now at $10.57. This means that the stock price might likely increase by 37.81% from its current trading price.5 out of 16 Wall Street analysts which represents 31.25% rated the stock as a buy while the remaining 56.25 rated it as a hold, with 12.5 of analysts rating it as a sell.

Coty Inc. (NYSE:COTY) has been utilizing an ROE that is roughly -1.8%, with stock analysts predicting that the company’s EPS for the next five years will go up by 8% per year, following the -19.2% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -11.91% below its 20-day SMA, -25.27% below its 50-day SMA, and -44.83% below its 200-day SMA. In percentage terms, the aggregate Coty Inc. shares held by institutional investors is 68.4%. 64 institutions jumped in to acquire Coty Inc. (COTY) fresh stake, 179 added to their current holdings in these shares, 181 lowered their positions, and 50 left no stake in the company.

The stock’s 9-day MACD is -0.35 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 25.39, which shows that its stock has been oversold. The 20-day historical volatility for the shares stand at 44.84 percent, which is less when compared to that of the 50-day’s 71.8 percent. On the daily chart, we see that the stock could reach the first level of resistance at $7.84, sporting a 2.17% premium to the current level. The next resistance point is at $8.02, representing nearly 4.36% premium to the current market price of Coty Inc. (COTY). On the other hand, failure to breach the immediate hurdles can drag it down to $7.38, the lower end of the range.