What Could Have A Proportionally Bigger Impact On Hornbeck Offshore Services, Inc. (HOS), Global Partners LP (GLP)?

The price of Hornbeck Offshore Services, Inc. (NYSE:HOS) went down by $-0.02 now trading at $1.46. Their shares witnessed a 43.14% increase from the 52-week low price of $1.02 they recorded on 2018-12-27. Even though it is still -320.55% behind the $6.14 high touched on 2018-09-28. The last few days have been rough for the stock, as its price has decreased by 0% during the week. It has also performed poorly over the past three months, as it lost around -10.98% while it has so far retreated around -58.29% during the course of a year. The stock of HOS recorded 1.39% uptrend from the beginning of this year till date. The 12-month potential price target for Hornbeck Offshore Services, Inc. is set at $3.43. This target means that the stock has an upside potential to increase by 134.93% from the current trading price.

10 institutions entered new Hornbeck Offshore Services, Inc. (NYSE:HOS) positions, 29 added to their existing positions in these shares, 28 lowered their positions, and 10 exited their positions entirely.

Hornbeck Offshore Services, Inc. (HOS) trade volume has decreased by -22.42% as around 134,616 shares were sold when compared with its 50-day average volume of traded shares which is 173,526. At the moment, HOS is witnessing a uptrend, as it is trading 5.3% above its 20-day SMA, -1.68% below its 50-day SMA, and -53.49% below its 200-day SMA. The company runs an ROE of roughly -8.8%, 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 -30.7% decrease witnessed over the past five years.

The first technical resistance point for Hornbeck Offshore Services, Inc. (NYSE:HOS) will likely come at $1.53, marking a 4.58% premium to the current level. The second resistance point is at $1.61, about 9.32% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $1.33, the lower end of the range. HOS’s 14-day MACD is 0.1 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 52.46, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 74.39 percent, which is high when compared to that of the 50-day’s 66.1 percent.

The shares of Global Partners LP (NYSE:GLP) has increased by 1.4%, and now trading at $19.62 on the Wall Street in the intra-day deal, with their shares traded now around 53,525. This is a decline of -22,723 shares over the average 76,248 shares that were traded daily over the last three months. The stock that is trading at $19.62 went higher by 43.95% from its 52-week low of $13.63 that it attained back on 2018-12-24. The stock recorded a 52-week high of $21.05 nearly 238 days ago on 2018-08-21.

GLP stock has performed well over the past 30 days, as it added 3.26% while its price climbed by 20.37% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -0.15% over the last week. The stock’s 12-month potential target price is now at $19.25. This means that the stock price might likely increase by -1.89% from its current trading price. 0 out of 6 Wall Street analysts which represents 0% rated the stock as a buy while the remaining 83.33% rated it as a hold, with 16.67% of analysts rating it as a sell.

Global Partners LP (NYSE:GLP) has been utilizing an ROE that is roughly 23.6%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the 15.8% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.39% above its 20-day SMA, 2.48% above its 50-day SMA, and 6.81% above its 200-day SMA. In percentage terms, the aggregate Global Partners LP shares held by institutional investors is 40.8%. 9 institutions jumped in to acquire Global Partners LP (GLP) fresh stake, 20 added to their current holdings in these shares, 26 lowered their positions, and 8 left no stake in the company.

The stock’s 9-day MACD is -0.04 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 57.48, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 14.99 percent, which is less when compared to that of the 50-day’s 17.25 percent. On the daily chart, we see that the stock could reach the first level of resistance at $19.79, sporting a 0.86% premium to the current level. The next resistance point is at $19.96, representing nearly 1.7% premium to the current market price of Global Partners LP (GLP). On the other hand, failure to breach the immediate hurdles can drag it down to $19.18, the lower end of the range.