Stocks To Watch: Marrone Bio Innovations, Inc. (MBII) And Safe Bulkers, Inc. (SB) In The Spotlight

The price of Marrone Bio Innovations, Inc. (NASDAQ:MBII) went up by $0.01 now trading at $1.55. Their shares witnessed a 40.91% increase from the 52-week low price of $1.1 they recorded on 2018-12-11. Even though it is still -43.23% behind the $2.22 high touched on 2018-04-16. The last few days have been good for the stock, as its price has grew by 7.64% during the week. It has also performed better over the past three months, as it added around 14.81% while it has so far retreated around -26.54% during the course of a year. The stock of MBII recorded 5.44% uptrend from the beginning of this year till date. The 12-month potential price target for Marrone Bio Innovations, Inc. is set at $2.5. This target means that the stock has an upside potential to increase by 61.29% from the current trading price.

9 institutions entered new Marrone Bio Innovations, Inc. (NASDAQ:MBII) positions, 18 added to their existing positions in these shares, 18 lowered their positions, and 6 exited their positions entirely.

Marrone Bio Innovations, Inc. (MBII) trade volume has decreased by -32.82% as around 81,196 shares were sold when compared with its 50-day average volume of traded shares which is 120,860. At the moment, MBII is witnessing a uptrend, as it is trading 0.98% above its 20-day SMA, -0.21% below its 50-day SMA, and -6.55% below its 200-day SMA. The company runs an ROE of roughly -121.2%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the 44.3% increase witnessed over the past five years.

The first technical resistance point for Marrone Bio Innovations, Inc. (NASDAQ:MBII) will likely come at $1.57, marking a 1.27% premium to the current level. The second resistance point is at $1.59, about 2.52% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $1.48, the lower end of the range. MBII’s 14-day MACD is 0.03 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 53.05, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 44.35 percent, which is low when compared to that of the 50-day’s 46.99 percent.

The shares of Safe Bulkers, Inc. (NYSE:SB) has increased by 1.3%, and now trading at $1.56 on the Wall Street in the intra-day deal, with their shares traded now around 137,978. This is a decline of -185,844 shares over the average 323,822 shares that were traded daily over the last three months. The stock that is trading at $1.56 went higher by 21.88% from its 52-week low of $1.28 that it attained back on 2019-03-08. The stock recorded a 52-week high of $3.9 nearly 306 days ago on 2018-06-14.

SB stock has performed well over the past 30 days, as it added 1.3% while its price plunged by -12.36% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 2.63% over the last week. The stock’s 12-month potential target price is now at $2.76. This means that the stock price might likely increase by 76.92% from its current trading price. 4 out of 7 Wall Street analysts which represents 57.14% rated the stock as a buy while the remaining 28.57% rated it as a hold, with 14.29% of analysts rating it as a sell.

Safe Bulkers, Inc. (NYSE:SB) has been utilizing an ROE that is roughly 3.6%, with stock analysts predicting that the company’s EPS for the next five years will go up by 14% per year, following the -31.3% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 4.77% above its 20-day SMA, 3.02% above its 50-day SMA, and -32.57% below its 200-day SMA. In percentage terms, the aggregate Safe Bulkers, Inc. shares held by institutional investors is 20%. 9 institutions jumped in to acquire Safe Bulkers, Inc. (SB) fresh stake, 38 added to their current holdings in these shares, 31 lowered their positions, and 8 left no stake in the company.

The stock’s 9-day MACD is 0.02 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 59.2, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 45.33 percent, which is less when compared to that of the 50-day’s 55.81 percent. On the daily chart, we see that the stock could reach the first level of resistance at $1.6, sporting a 2.5% premium to the current level. The next resistance point is at $1.64, representing nearly 4.88% premium to the current market price of Safe Bulkers, Inc. (SB). On the other hand, failure to breach the immediate hurdles can drag it down to $1.48, the lower end of the range.