The shares of The Ultimate Software Group, Inc. (NASDAQ:ULTI) has performed better over the past three months, as it added around 24.3% while it has so far climbed around 49.26% during the course of a year. It went down by -$0.91 now trading at $331.5. Their shares witnessed a 52.86% increase from the 52-week low price of $216.87 they recorded on 2018-12-24. Even though it is still -10.37% behind the $365.86 high touched on 2019-02-04. The last few days have been rough for the stock, as its price has decreased by -0.31% during the week. The stock of ULTI recorded 35.38% uptrend from the beginning of this year till date. The 12-month potential price target for The Ultimate Software Group, Inc. is set at $316.24. This target means that the stock has an upside potential to increase by -4.6% from the current trading price.
When giving their opinion, around 36.84% of Wall Street analysts, which represents 7 out of 19 rated the stock as a Buy. 12 brokerage firms of the remaining 63.16% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate ULTI shares held by institutional investors represents 0% of total shares. 64 institutions entered new The Ultimate Software Group, Inc. (NASDAQ:ULTI) positions, 203 added to their existing positions in these shares, 154 lowered their positions, and 39 exited their positions entirely.
The Ultimate Software Group, Inc. (ULTI) trade volume has increased by 446.17% as around 2,504,900 shares were sold when compared with its 50-day average volume of traded shares which is 458,628. At the moment, ULTI is witnessing a uptrend, as it is trading 17.01% above its 20-day SMA, 26.7% above its 50-day SMA, and 20.43% above its 200-day SMA. The company runs an ROE of roughly 5.9%, with financial analysts predicting that their earnings per share growth will be around 19.99% per annum for the next five year. This will be compared to the 8.2% increase witnessed over the past five years.
The first technical resistance point for The Ultimate Software Group, Inc. (NASDAQ:ULTI) will likely come at $332.11, marking a 0.18% premium to the current level. The second resistance point is at $332.71, about 0.36% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $330.89, the lower end of the range. ULTI’s 14-day MACD is 34.43 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 81.21, which shows that its stock has been overbought. The 20-day historical volatility for the stock stands at 63.96 percent, which is high when compared to that of the 50-day’s 53.8 percent.
The shares of Valley National Bancorp (NASDAQ:VLY) has increased by 0.58%, and now trading at $10.43 on the Wall Street in the intra-day deal, with their shares traded now around 2,217,721. This is a decline of -268,551 shares over the average 2,486,272 shares that were traded daily over the last three months. The stock that is trading at $10.43 went higher by 23.87% from its 52-week low of $8.42 that it attained back on 2018-12-26. The stock recorded a 52-week high of $13.38 nearly 337 days ago on 2018-03-12.
VLY stock has performed well over the past 30 days, as it added 6.43% while its price climbed by 17.45% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 1.16% over the last week. The stock’s 12-month potential target price is now at $11.65. This means that the stock price might likely increase by 11.7% from its current trading price.5 out of 10 Wall Street analysts which represents 50% rated the stock as a buy while the remaining 50 rated it as a hold, with 0 of analysts rating it as a sell.
Valley National Bancorp (NASDAQ:VLY) has been utilizing an ROE that is roughly 5.8%, with stock analysts predicting that the company’s EPS for the next five years will go up by 5% per year, following the -2.4% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 1.6% above its 20-day SMA, 6.05% above its 50-day SMA, and -8% below its 200-day SMA. In percentage terms, the aggregate Valley National Bancorp shares held by institutional investors is 60.5%. 43 institutions jumped in to acquire Valley National Bancorp (VLY) fresh stake, 137 added to their current holdings in these shares, 109 lowered their positions, and 38 left no stake in the company.
The stock’s 9-day MACD is 0.1 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 59.55, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 21.72 percent, which is less when compared to that of the 50-day’s 30.05 percent. On the daily chart, we see that the stock could reach the first level of resistance at $10.49, sporting a 0.57% premium to the current level. The next resistance point is at $10.55, representing nearly 1.14% premium to the current market price of Valley National Bancorp (VLY). On the other hand, failure to breach the immediate hurdles can drag it down to $10.23, the lower end of the range.