Hot Stocks To Watch: Wake-Up Call For Chanticleer Holdings, Inc. (BURG), Digirad Corporation (DRAD)

The price of Chanticleer Holdings, Inc. (NASDAQ:BURG) went up by $0.07 now trading at $1.37. Their shares witnessed a 11.38% increase from the 52-week low price of $1.23 they recorded on 2018-12-31. Even though it is still -170.07% behind the $3.7 high touched on 2018-06-05. The last few days have been rough for the stock, as its price has decreased by -29.39% during the week. It has also performed poorly over the past three months, as it lost around -31.03% while it has so far retreated around -58.49% during the course of a year. The stock of BURG recorded 6.19% uptrend from the beginning of this year till date. The 12-month potential price target for Chanticleer Holdings, Inc. is set at $3. This target means that the stock has an upside potential to increase by 118.98% from the current trading price.

6 institutions entered new Chanticleer Holdings, Inc. (NASDAQ:BURG) positions, 7 added to their existing positions in these shares, 5 lowered their positions, and 3 exited their positions entirely.

Chanticleer Holdings, Inc. (BURG) trade volume has decreased by -59.26% as around 137,031 shares were sold when compared with its 50-day average volume of traded shares which is 336,352. At the moment, BURG is witnessing a downtrend, as it is trading -11.14% below its 20-day SMA, -19.62% below its 50-day SMA, and -31.93% below its 200-day SMA. The company runs an ROE of roughly -83%, 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 30.1% increase witnessed over the past five years.

The first technical resistance point for Chanticleer Holdings, Inc. (NASDAQ:BURG) will likely come at $1.47, marking a 6.8% premium to the current level. The second resistance point is at $1.56, about 12.18% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $1.16, the lower end of the range. BURG’s 14-day MACD is -0.15 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 41.85, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 128.23 percent, which is high when compared to that of the 50-day’s 92.88 percent.

The shares of Digirad Corporation (NASDAQ:DRAD) has increased by 6.16%, and now trading at $0.75 on the Wall Street in the intra-day deal, with their shares traded now around 65,857. This is a decline of -58,089 shares over the average 123,946 shares that were traded daily over the last three months. The stock that is trading at $0.75 went higher by 78.57% from its 52-week low of $0.42 that it attained back on 2018-12-27. The stock recorded a 52-week high of $1.95 nearly 275 days ago on 2018-08-14.

DRAD stock has performed well over the past 30 days, as it added 9.91% while its price climbed by 31.58% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 8.18% over the last week. The stock’s 12-month potential target price is now at $5.

Digirad Corporation (NASDAQ:DRAD) has been utilizing an ROE that is roughly -18.8%, with stock analysts predicting that the company’s EPS for the next five years will go up by 16% per year, following the 42.89% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 9.26% above its 20-day SMA, -3.68% below its 50-day SMA, and -28.73% below its 200-day SMA. In percentage terms, the aggregate Digirad Corporation shares held by institutional investors is 39.8%. 2 institutions jumped in to acquire Digirad Corporation (DRAD) fresh stake, 5 added to their current holdings in these shares, 17 lowered their positions, and 9 left no stake in the company.

The stock’s 9-day MACD is 0.06 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 60.26, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 108.67 percent, which is more when compared to that of the 50-day’s 102.92 percent. On the daily chart, we see that the stock could reach the first level of resistance at $0.77, sporting a 2.6% premium to the current level. The next resistance point is at $0.79, representing nearly 5.06% premium to the current market price of Digirad Corporation (DRAD). On the other hand, failure to breach the immediate hurdles can drag it down to $0.67, the lower end of the range.