American Express Company (NYSE:AXP) recorded 3.39% uptrend from the beginning of this year till date. The 12-month potential price target for American Express Company is set at $114.16. This target means that the stock has an upside potential to increase by 15.84% from the current trading price. The stock of AXP went up by $0.29 now trading at $98.55. Their shares witnessed a 12.58% increase from the 52-week low price of $87.54 they recorded on 2018-02-09. Even though it is still -16.24% behind the $114.55 high touched on 2018-12-03. The last few days have been good for the stock, as its price has grew by 0.93% during the week. It has also performed poorly over the past three months, as it lost around -4.85% while it has so far retreated around -2.64% during the course of a year.
When giving their opinion, around 48.39% of Wall Street analysts, which represents 15 out of 31 rated the stock as a Buy. 14 brokerage firms of the remaining 45.16% rated the stock as a Hold with 2 analyst rating it as a sell. Overall, the number of aggregate AXP shares held by institutional investors represents 84.8% of total shares. 98 institutions entered new American Express Company (NYSE:AXP) positions, 527 added to their existing positions in these shares, 657 lowered their positions, and 72 exited their positions entirely.
American Express Company (AXP) trade volume has decreased by -32.87% as around 2,769,314 shares were sold when compared with its 50-day average volume of traded shares which is 4,125,596. At the moment, AXP is witnessing a uptrend, as it is trading 0.75% above its 20-day SMA, -4.77% below its 50-day SMA, and -3.34% below its 200-day SMA. The company runs an ROE of roughly 18%, with financial analysts predicting that their earnings per share growth will be around 12.5% per annum for the next five year. This will be compared to the 8.7% increase witnessed over the past five years.
The first technical resistance point for American Express Company (NYSE:AXP) will likely come at $99.03, marking a 0.48% premium to the current level. The second resistance point is at $99.52, about 0.97% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $96.88, the lower end of the range. AXP’s 14-day MACD is 2.95 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 47.4, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 36.89 percent, which is high when compared to that of the 50-day’s 30.48 percent.
The shares of Goldcorp Inc. (NYSE:GG) has increased by 0.52%, and now trading at $9.69 on the Wall Street in the intra-day deal, with their shares traded now around 3,934,105. This is a decline of -5,055,619 shares over the average 8,989,724 shares that were traded daily over the last three months. The stock that is trading at $9.69 went higher by 15.08% from its 52-week low of $8.42 that it attained back on 2018-10-25. The stock recorded a 52-week high of $15.55 nearly 363 days ago on 2018-01-16..
GG stock has performed well over the past 30 days, as it added 2% while its price plunged by -1.12% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -0.21% over the last week. The stock’s 12-month potential target price is now at $13.74. This means that the stock price might likely increase by 41.8% from its current trading price.15 out of 22 Wall Street analysts which represents 68.18% rated the stock as a buy while the remaining 27.27 rated it as a hold, with 4.55 of analysts rating it as a sell.
Goldcorp Inc. (NYSE:GG) has been utilizing an ROE that is roughly 0.5%, with stock analysts predicting that the company’s EPS for the next five years will go up by 12.66% per year, following the -17.9% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 1.16% above its 20-day SMA, 2.5% above its 50-day SMA, and -17.42% below its 200-day SMA. In percentage terms, the aggregate Goldcorp Inc. shares held by institutional investors is 68.8%. 36 institutions jumped in to acquire Goldcorp Inc. (GG) fresh stake, 176 added to their current holdings in these shares, 156 lowered their positions, and 43 left no stake in the company.
The stock’s 9-day MACD is -0.02 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 52.72, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 28.85 percent, which is less when compared to that of the 50-day’s 33.51 percent. On the daily chart, we see that the stock could reach the first level of resistance at $9.79, sporting a 1.02% premium to the current level. The next resistance point is at $9.88, representing nearly 1.92% premium to the current market price of Goldcorp Inc. (GG). On the other hand, failure to breach the immediate hurdles can drag it down to $9.51, the lower end of the range.