Hot Stocks To Watch: Wake-Up Call For Alexco Resource Corp. (AXU), Euronav NV (EURN)

The price of Alexco Resource Corp. (NYSE:AXU) went up by $0.02 now trading at $1.08. Their shares witnessed a 58.82% increase from the 52-week low price of $0.68 they recorded on 2018-11-13. Even though it is still -37.04% behind the $1.48 high touched on 2018-07-09. The last few days have been good for the stock, as its price has grew by 6.93% during the week. It has also performed poorly over the past three months, as it lost around -10.74% while it has so far retreated around -23.4% during the course of a year. The stock of AXU recorded 14.91% uptrend from the beginning of this year till date. The 12-month potential price target for Alexco Resource Corp. is set at $1.77. This target means that the stock has an upside potential to increase by 63.89% from the current trading price.

8 institutions entered new Alexco Resource Corp. (NYSE:AXU) positions, 15 added to their existing positions in these shares, 9 lowered their positions, and 3 exited their positions entirely.

Alexco Resource Corp. (AXU) trade volume has decreased by -31.22% as around 205,454 shares were sold when compared with its 50-day average volume of traded shares which is 298,710. At the moment, AXU is witnessing a uptrend, as it is trading 5.56% above its 20-day SMA, -5.15% below its 50-day SMA, and 2.13% below its 200-day SMA. The company runs an ROE of roughly -7.3%, 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 37% increase witnessed over the past five years.

The first technical resistance point for Alexco Resource Corp. (NYSE:AXU) will likely come at $1.1, marking a 1.82% premium to the current level. The second resistance point is at $1.12, about 3.57% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $1.02, the lower end of the range. AXU’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 52.32, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 47.47 percent, which is low when compared to that of the 50-day’s 62.49 percent.

The shares of Euronav NV (NYSE:EURN) has increased by 4.56%, and now trading at $10.08 on the Wall Street in the intra-day deal, with their shares traded now around 744,683. This is a rise of 297,351 shares over the average 447,332 shares that were traded daily over the last three months. The stock that is trading at $10.08 went higher by 48.89% from its 52-week low of $6.77 that it attained back on 2018-12-27. The stock recorded a 52-week high of $10.14 nearly 1 days ago on 2019-05-15.

EURN stock has performed well over the past 30 days, as it added 7.01% while its price climbed by 45.45% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 6.89% over the last week. The stock’s 12-month potential target price is now at $11.75.

Euronav NV (NYSE:EURN) has been utilizing an ROE that is roughly 0%, with stock analysts predicting that the company’s EPS for the next five years will go down by -13% per year, following the 0% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 6.28% above its 20-day SMA, 14.76% above its 50-day SMA, and 19.85% above its 200-day SMA. In percentage terms, the aggregate Euronav NV shares held by institutional investors is 0%. 10 institutions jumped in to acquire Euronav NV (EURN) fresh stake, 32 added to their current holdings in these shares, 46 lowered their positions, and 15 left no stake in the company.

The stock’s 9-day MACD is 0.09 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 71.36, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 31.61 percent, which is more when compared to that of the 50-day’s 27.18 percent. On the daily chart, we see that the stock could reach the first level of resistance at $10.22, sporting a 1.37% premium to the current level. The next resistance point is at $10.36, representing nearly 2.7% premium to the current market price of Euronav NV (EURN). On the other hand, failure to breach the immediate hurdles can drag it down to $9.64, the lower end of the range.