Stocks To Watch Today: Wake-Up Call For Reata Pharmaceuticals, Inc. (RETA), Horizon Global Corporation (HZN)

The price of Reata Pharmaceuticals, Inc. (NASDAQ:RETA) went up by $0.56 now trading at $92.54. Their shares witnessed a 207.85% increase from the 52-week low price of $30.06 they recorded on 2018-05-16. Even though it is still -12.96% behind the $104.53 high touched on 2019-03-05. The last few days have been good for the stock, as its price has grew by 7.76% during the week. It has also performed better over the past three months, as it added around 7.4% while it has so far climbed around 192.85% during the course of a year. The stock of RETA recorded 64.96% uptrend from the beginning of this year till date. The 12-month potential price target for Reata Pharmaceuticals, Inc. is set at $132. This target means that the stock has an upside potential to increase by 42.64% from the current trading price.

30 institutions entered new Reata Pharmaceuticals, Inc. (NASDAQ:RETA) positions, 84 added to their existing positions in these shares, 58 lowered their positions, and 16 exited their positions entirely.

Reata Pharmaceuticals, Inc. (RETA) trade volume has increased by 20.59% as around 269,100 shares were sold when compared with its 50-day average volume of traded shares which is 223,152. At the moment, RETA is witnessing a uptrend, as it is trading 12.66% above its 20-day SMA, 6.35% above its 50-day SMA, and 22.64% above its 200-day SMA. The company runs an ROE of roughly 0%, 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 -10.6% decrease witnessed over the past five years.

The first technical resistance point for Reata Pharmaceuticals, Inc. (NASDAQ:RETA) will likely come at $94.79, marking a 2.37% premium to the current level. The second resistance point is at $97.04, about 4.64% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $85.72, the lower end of the range. RETA’s 14-day MACD is 6.7 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 64.45, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 43.07 percent, which is low when compared to that of the 50-day’s 47.61 percent.

The shares of Horizon Global Corporation (NYSE:HZN) has increased by 4.32%, and now trading at $3.62 on the Wall Street in the intra-day deal, with their shares traded now around 165,934. This is a rise of 506 shares over the average 165,428 shares that were traded daily over the last three months. The stock that is trading at $3.62 went higher by 170.15% from its 52-week low of $1.34 that it attained back on 2019-01-02. The stock recorded a 52-week high of $8.5 nearly 241 days ago on 2018-09-17.

HZN stock has performed well over the past 30 days, as it added 40.31% while its price climbed by 153.15% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 41.41% over the last week. The stock’s 12-month potential target price is now at $2.75. This means that the stock price might likely increase by -24.03% from its current trading price. 0 out of 2 Wall Street analysts which represents 0% rated the stock as a buy while the remaining 100% rated it as a hold, with 0% of analysts rating it as a sell.

Horizon Global Corporation (NYSE:HZN) has been utilizing an ROE that is roughly 472.9%, with stock analysts predicting that the company’s EPS for the next five years will go up by 2.7% per year, following the -1.98% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 29.8% above its 20-day SMA, 47.24% above its 50-day SMA, and -8.74% below its 200-day SMA. In percentage terms, the aggregate Horizon Global Corporation shares held by institutional investors is 63.6%. 4 institutions jumped in to acquire Horizon Global Corporation (HZN) fresh stake, 14 added to their current holdings in these shares, 39 lowered their positions, and 22 left no stake in the company.

The stock’s 9-day MACD is 0.53 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 81, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 83.68 percent, which is more when compared to that of the 50-day’s 80.45 percent. On the daily chart, we see that the stock could reach the first level of resistance at $3.75, sporting a 3.47% premium to the current level. The next resistance point is at $3.88, representing nearly 6.7% premium to the current market price of Horizon Global Corporation (HZN). On the other hand, failure to breach the immediate hurdles can drag it down to $3.34, the lower end of the range.