Analyst Views On Top Movers In Recent Trade: Invacare Corporation (IVC), Titan Pharmaceuticals, Inc. (TTNP)

Invacare Corporation (NYSE:IVC) notched a 3.91% intraday gain moving at $14.6. When the opening bell rang, the price was $14.1. The number of shares that were traded during the day was 0.53 million, which corresponds to its 3-month volume average of 0.66 million shares a day.

Invacare Corporation (IVC) Analyst Opinion

Invacare Corporation has a consensus outperform rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 26.25% of shares outstanding. The stock sank -3.31% last month and is up 11.88 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover IVC having a buy-equivalent rating. Analysts have placed a $18 price target on Invacare Corporation, suggesting a 23.29% gain from recent close. It’s currently trading about -12.31% below its 52-week high.

Invacare Corporation Earnings Surprise

Invacare Corporation (IVC) failed to surprise the stock market in its last reported earnings when it earned -$0.63 a piece versus the consensus-estimated -$0.42. Its revenue totaled $244.23 million up 5.4% from the previous quarter.

Invacare Corporation (NYSE:IVC) Intraday View

This stock (IVC) is ahead of its 52-week low with 82.5%. Its last month’s stock price volatility remained 4.53% which for the week stands at 3.79%. The share price has moved backward from its 20 days moving average, trading at a distance of -4.9% and stays 0.47% away from its 50 days moving average. Over the last five days, shares have faced -3.31% losses and now is up 10.54% since hitting its 200-day moving average of $13.71. Invacare Corporation (IVC) has made its way to a 12-month gain of 28.3%.

Turning to Titan Pharmaceuticals, Inc. (NASDAQ:TTNP), its shares were trading at $2.1 a retreat of $-0.15, on the trading floor. The stock, after opening at $2.1, touched a high of $2.15 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. Titan Pharmaceuticals, Inc. has 0 buy ratings, 0 holds and 0 sells even after the stock tumbled -64.88% from its high of $5.79 to a $40.15 million market value through last close.

Titan Pharmaceuticals, Inc. (TTNP) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2 to 2 during a month. Analysts set a 12-month price target of $6 a share. The target implies a 185.71% spike from where the shares are currently trading. Also, the current price highlights a discount of 185.71% to analysts’ high consensus price target.

Titan Pharmaceuticals, Inc. (NASDAQ:TTNP) Intraday Trading

The counter witnessed a trading volume of 0.22 million shares versus an average volume of 0.14 million shares during last trading session. Its last month’s stock price volatility remained 17.41% which for the week approaches 9.59%. The lowest price the stock reached in the last trading day was $2.1 and compares with the $1.5 52-week low. The stock recovered 61.54% since its low point and has performed -47.5% year-to-date.

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