Is Momentum Shifting? – Southwestern Energy Company (SWN), United Rentals, Inc. (URI)

Southwestern Energy Company (NYSE:SWN) recent decline occurred on low volume with 11 million contracts changing hands on 18-Oct-17. That’s down from its daily average of 15.94 million contracts. The first sale was made at $5.55 but later the stock became weaker, and closed with a fall of -2.15%. It was last traded at $5.47 apiece.

Southwestern Energy Company (SWN): Hold Candidate With 51.19% Upside Potential

Southwestern Energy Company is maintained at an average hold rating by 33 stock analysts, and there are at least 8.06% of shares outstanding that are currently legally short sold. The shares went down by -8.53% in value last month. Year-to-date it plunged -49.45%. Analysts are turning out to be more optimistic than before, with 9 of analysts who cover Southwestern Energy Company (NYSE:SWN) advice adding it to buy candidate list. Wall Street experts also assign a $8.27 price target on Southwestern Energy Company, pointing towards a 51.19% rally from current levels. The stock is trading for about -57.5% less than its 52-week high.

Southwestern Energy Company Reports -4.69% Sales Growth

Southwestern Energy Company (SWN) remained unsuccessful in beating the consensus-estimated $0.15 as it actually earned $0.08 per share in its last reported financial results. Revenue, on the other hand, scored -4.69% growth from the previous quarter, coming up with $806.32 million.

SWN Retreats -6.66% In A Week

This company shares (SWN) so far managed to recover 9.4% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 3.61% while shortening the period to a week, volatility was 3.84%. The share price has yet to cross its 20 days moving average, floating at a distance of -8.69% and sits -3.5% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -6.66% losses and is down by -21.85% compared with its 200-day moving average of $6.25. Also, Southwestern Energy Company (SWN) needs to overturn a -56.72% decrease it experienced over the past twelve months.

United Rentals, Inc. (NYSE:URI) Consensus Call At 2.4

As regular trading ended, United Rentals, Inc. (URI) stock brought in a $0.98 rise to $144.32. The day started at a price of $144.07 but then traded as high as $144.6 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.4. United Rentals, Inc. is given 5 buy-equivalent recommendations, 0 sells and 9 holds. The company shares sank -1.6% from their peak of $146.67 and now has a $12.18 billion market value of equity.

United Rentals, Inc. Could Grow -6.67% More

URI’s mean recommendation on Reuter’s scale presents no change from 2.44 thirty days ago to 2.44 now, which indicates a hold consensus from the analyst community. They see United Rentals, Inc. (URI) price hitting a mean target of $134.69 a share, meaning the stock still has potential that could drag the price another -6.67% Also, the recent close suggests the stock is underpriced by 19.18% compared to the most bullish target.

United Rentals, Inc. (URI) Returns 36.69% This Year

The company had seen its current volume reaching at 1.89 million shares in the last trade. That compares with the recent volume average of 1.36 million. At the close of regular trading, its last week’s stock price volatility was 1.93% which for the month reaches 1.91%. United Rentals, Inc. dipped to as low as $142.16 throughout the day and has returned 36.69% in this year. At one point in the past year, the shares traded as low as $70.58 but has recovered 104.48% since then.

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