Have Stock Gurus Now Turned Sour On Quality Systems, Inc. (QSII), Bitauto Holdings Limited (BITA)?

Quality Systems, Inc. (NASDAQ:QSII) popped in on a low volume green day. Volume on 17-Oct-17 came in at 0.27 million contracts. The daily trading volume has averaged 0.27 million shares a day in past 3 months. The first sale was made at $15.45 but later the stock became weaker, and closed with a gain of 3.74%. It was last traded at $16.07 apiece.

Quality Systems, Inc. (QSII): Hold Candidate With -6.35% Upside Potential

Quality Systems, Inc. is maintained at an average hold rating by 15 stock analysts, and there are at least 11.89% of shares outstanding that are currently legally short sold. The shares went up by 2.29% in value last month. Year-to-date it jumped 22.21%. Analysts are turning out to be more pessimistic than before, with 2 of analysts who cover Quality Systems, Inc. (NASDAQ:QSII) advice adding it to buy candidate list. Wall Street experts also assign a $15.05 price target on Quality Systems, Inc., pointing towards a -6.35% drop from current levels. The stock is trading for about -9.41% less than its 52-week high.

Quality Systems, Inc. Reports -4.25% Sales Growth

Quality Systems, Inc. (QSII) remained successful in beating the consensus-estimated $0.16 as it actually earned $0.17 per share in its last reported financial results. Revenue, on the other hand, scored -4.25% growth from the previous quarter, coming up with $126.76 million.

QSII Adds 3.34% In A Week

This company shares (QSII) so far managed to recover 39.98% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 2.47% while shortening the period to a week, volatility was 2.43%. The share price has already crossed its 20 days moving average, floating at a distance of 4.47% and sits 3.09% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 3.34% gains and is up by 4.62% compared with its 200-day moving average of $15.66. Also, Quality Systems, Inc. (QSII) needs to expand a 29.6% increase it experienced over the past twelve months.

Bitauto Holdings Limited (NYSE:BITA) Consensus Call At 1.8

As regular trading ended, Bitauto Holdings Limited (BITA) stock brought in a -$2.51 drop to $50.7. The day started at a price of $53.8 but then traded as high as $54.38 before giving part of the gains back. As for this week, analysts appear content to stick with their bright outlook with the consensus call at 1.8. Bitauto Holdings Limited is given 3 buy-equivalent recommendations, 0 sells and 0 holds. The company shares sank -5.41% from their peak of $54.38 and now has a $3.51 billion market value of equity.

Bitauto Holdings Limited Could Grow -13.33% More

BITA’s mean recommendation on Reuter’s scale presents no change from 1.67 thirty days ago to 1.67 now, which indicates a buy consensus from the analyst community. They see Bitauto Holdings Limited (BITA) price hitting a mean target of $43.94 a share, meaning the stock still has potential that could drag the price another -13.33% Also, the recent close suggests the stock is underpriced by -1.38% compared to the most bullish target.

Bitauto Holdings Limited (BITA) Returns 167.69% This Year

The company had seen its current volume reaching at 1.2 million shares in the last trade. That compares with the recent volume average of 0.98 million. At the close of regular trading, its last week’s stock price volatility was 4.27% which for the month reaches 5.62%. Bitauto Holdings Limited dipped to as low as $50.16 throughout the day and has returned 167.69% in this year. At one point in the past year, the shares traded as low as $16.57 but has recovered 206.16% since then.

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