Analyst Views On Top Movers In Recent Trade: Tidewater Inc. (TDW), Achillion Pharmaceuticals, Inc. (ACHN)

Tidewater Inc. (NYSE:TDW) notched a -5.5% intraday decline moving at $27.48. When the opening bell rang, the price was $28.79. The number of shares that were traded during the day was 0.37 million, which corresponds to its 3-month volume average of 159.65 million shares a day.

Tidewater Inc. (TDW) Analyst Opinion

Tidewater Inc. has a consensus hold rating from 3 Wall Street analysts, and the number of shares currently sold short amount to at least 1.56% of shares outstanding. The stock spiked 16.19% last month and is down -74.35 this year. Wall Street is only getting more bullish on the stock, with 1 of analysts who cover TDW having a buy-equivalent rating. Analysts have placed a $28.5 price target on Tidewater Inc., suggesting a 3.71% gain from recent close. It’s currently trading about -80.52% below its 52-week high.

Tidewater Inc. Earnings Surprise

Tidewater Inc. (TDW) surprised the stock market in its last reported earnings when it earned -$23.25 a piece versus the consensus-estimated -$41.76. Its revenue totaled $120.3 million down -25.16% from the previous quarter.

Tidewater Inc. (NYSE:TDW) Intraday View

This stock (TDW) is ahead of its 52-week low with 34.9%. Its last month’s stock price volatility remained 5% which for the week stands at 4.97%. The share price has moved backward from its 20 days moving average, trading at a distance of -2.56% and stays 3.83% away from its 50 days moving average. Over the last five days, shares have faced -1.58% losses and now is down -32.66% since hitting its 200-day moving average of $27.07. Tidewater Inc. (TDW) has made its way to a 12-month decline of -68.98%.

Turning to Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN), its shares were trading at $4.72 a gain of $0.23, on the trading floor. The stock, after opening at $4.49, touched a high of $4.79 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.1. Achillion Pharmaceuticals, Inc. has 3 buy ratings, 2 holds and 0 sells even after the stock tumbled -42.79% from its high of $8.25 to a $645.39 million market value through last close.

Achillion Pharmaceuticals, Inc. (ACHN) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2.11 to 2.12 during a month. Analysts set a 12-month price target of $5.79 a share. The target implies a 22.67% spike from where the shares are currently trading. Also, the current price highlights a discount of 111.86% to analysts’ high consensus price target.

Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) Intraday Trading

The counter witnessed a trading volume of 1.61 million shares versus an average volume of 1.88 million shares during last trading session. Its last month’s stock price volatility remained 5.97% which for the week approaches 5.88%. The lowest price the stock reached in the last trading day was $4.49 and compares with the $3.15 52-week low. The stock recovered 49.84% since its low point and has performed 14.29% year-to-date.

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