The last few days have been good for Pure Storage, Inc. (NYSE:PSTG), as its price has grew by 12.31% during the week. It has also performed poorly over the past three months, as it lost around -26.19% while it has so far climbed around 5.48% during the course of a year. The price of the stock went down by -$0.1 now trading at $17.33. Their shares witnessed a 23.87% increase from the 52-week low price of $13.99 they recorded on 2018-12-24. Even though it is still -68.15% behind the $29.14 high touched on 2018-09-11. The stock of PSTG recorded 7.77% uptrend from the beginning of this year till date. The 12-month potential price target for Pure Storage, Inc. is set at $25.95. This target means that the stock has an upside potential to increase by 49.74% from the current trading price.
When giving their opinion, around 65.22% of Wall Street analysts, which represents 15 out of 23 rated the stock as a Buy. 8 brokerage firms of the remaining 34.78% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate PSTG shares held by institutional investors represents 82.3% of total shares. 68 institutions entered new Pure Storage, Inc. (NYSE:PSTG) positions, 173 added to their existing positions in these shares, 104 lowered their positions, and 27 exited their positions entirely.
Pure Storage, Inc. (PSTG) trade volume has increased by 14.15% as around 4,180,946 shares were sold when compared with its 50-day average volume of traded shares which is 3,662,802. At the moment, PSTG is witnessing a uptrend, as it is trading 5.99% above its 20-day SMA, -3.58% below its 50-day SMA, and -21.05% below its 200-day SMA. The company runs an ROE of roughly -25.8%, with financial analysts predicting that their earnings per share growth will be around 20% per annum for the next five year. This will be compared to the 0% decrease witnessed over the past five years.
The first technical resistance point for Pure Storage, Inc. (NYSE:PSTG) will likely come at $17.5, marking a 0.97% premium to the current level. The second resistance point is at $17.66, about 1.87% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $16.9, the lower end of the range. PSTG’s 14-day MACD is 1.29 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 53.11, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 52.63 percent, which is low when compared to that of the 50-day’s 57.53 percent.
The shares of Viacom Inc. (NASDAQ:VIAB) has increased by 1.14%, and now trading at $29.33 on the Wall Street in the intra-day deal, with their shares traded now around 2,746,152. This is a decline of -1,794,268 shares over the average 4,540,420 shares that were traded daily over the last three months. The stock that is trading at $29.33 went higher by 25.83% from its 52-week low of $23.31 that it attained back on 2018-12-27. The stock recorded a 52-week high of $35.55 nearly 364 days ago on 2018-01-12.
VIAB stock hasn’t performed well over the past 30 days, as it lost -0.2% while its price climbed by 14.12% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 11.14% over the last week. The stock’s 12-month potential target price is now at $35.08. This means that the stock price might likely increase by 19.6% from its current trading price.8 out of 28 Wall Street analysts which represents 28.57% rated the stock as a buy while the remaining 67.86 rated it as a hold, with 3.57 of analysts rating it as a sell.
Viacom Inc. (NASDAQ:VIAB) has been utilizing an ROE that is roughly 24.8%, with stock analysts predicting that the company’s EPS for the next five years will go up by 5.37% per year, following the -4.7% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 7.47% above its 20-day SMA, -1.66% below its 50-day SMA, and -2.24% below its 200-day SMA. In percentage terms, the aggregate Viacom Inc. shares held by institutional investors is 94.3%. 85 institutions jumped in to acquire Viacom Inc. (VIAB) fresh stake, 298 added to their current holdings in these shares, 238 lowered their positions, and 52 left no stake in the company.
The stock’s 9-day MACD is 1.59 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 68.23, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 34.76 percent, which is more when compared to that of the 50-day’s 34.39 percent. On the daily chart, we see that the stock could reach the first level of resistance at $29.64, sporting a 1.05% premium to the current level. The next resistance point is at $29.96, representing nearly 2.1% premium to the current market price of Viacom Inc. (VIAB). On the other hand, failure to breach the immediate hurdles can drag it down to $28.3, the lower end of the range.