Analysts Shared Their Read on 2 Stocks: Taseko Mines Limited (TGB), NeoPhotonics Corporation (NPTN)

Taseko Mines Limited (NYSE:TGB) volume amounted to 1.06 million shares which compares with the average volume of 1.16 million shares. The company stock experienced a 2.86% move to arrive at $2.34.

Taseko Mines Limited (TGB) Analyst Opinion

Taseko Mines Limited has a consensus hold rating from 8 Wall Street analysts, and the number of shares currently sold short amount to at least 0.41% of shares outstanding. The stock spiked 15.27% last month and is up 174.55 this year. Wall Street is only getting neutral on the stock, with 1 of analysts who cover TGB having a buy-equivalent rating. Analysts have placed a $1.57 price target on Taseko Mines Limited, suggesting a -32.91% decline from recent close. It’s currently trading about -4.8% below its 52-week high.

Taseko Mines Limited Earnings Surprise

Taseko Mines Limited (TGB) surprised the stock market in its last reported earnings when it earned $0.06 a piece versus the consensus-estimated $0.01. Its revenue totaled $93.4 million down -10.53% from the previous quarter.

Taseko Mines Limited (NYSE:TGB) Intraday View

This stock (TGB) is ahead of its 52-week low with 463.86%. Its last month’s stock price volatility remained 8.02% which for the week stands at 6.92%. The share price has moved forward from its 20 days moving average, trading at a distance of 20.95% and stays 28.8% away from its 50 days moving average. Over the last five days, shares have managed 11.43% gains and now is up 67.7% since hitting its 200-day moving average of $1.46. Taseko Mines Limited (TGB) has made its way to a 12-month gain of 420.12%.

Turning to NeoPhotonics Corporation (NYSE:NPTN), its shares were trading at $4.85 a retreat of $-0.14, on the trading floor. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.2. NeoPhotonics Corporation has 2 buy ratings, 3 holds and 0 sells even after the stock tumbled -70.81% from its high of $15.68 to a $249.53 million market value through last close.

NeoPhotonics Corporation (NPTN) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2 to 2.11 during a month. Analysts set a 12-month price target of $9.31 a share. The target implies a 91.96% spike from where the shares are currently trading. Also, the current price highlights a discount of 168.04% to analysts’ high consensus price target.

NeoPhotonics Corporation (NYSE:NPTN) Intraday Trading

The counter witnessed a trading volume of 1 million shares versus an average volume of 1.29 million shares during last trading session. Its last month’s stock price volatility remained 8.74% which for the week approaches 5.82%. It had faced the $4.72 52-week low. The stock recovered 2.75% since its low point and has performed -55.13% year-to-date.

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