A Technical Look At 2 Stocks: J. C. Penney Company, Inc. (JCP), Integer Holdings Corporation (ITGR)

J. C. Penney Company, Inc. (NYSE:JCP) recorded a trading volume of 38.89 million shares, above its 90-day volume average of 17.81 million shares. The stock kicked off the session at $3.09 and later approached $2.87 with a change of -8.01%.

J. C. Penney Company, Inc. (JCP) Analyst Opinion

J. C. Penney Company, Inc. has a consensus hold rating from 21 Wall Street analysts, and the number of shares currently sold short amount to at least 49.94% of shares outstanding. The stock sank -24.67% last month and is down -65.46 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover JCP having a buy-equivalent rating. Analysts have placed a $5.81 price target on J. C. Penney Company, Inc., suggesting a 102.44% gain from recent close. It’s currently trading about -73.28% below its 52-week high.

J. C. Penney Company, Inc. Earnings Surprise

J. C. Penney Company, Inc. (JCP) failed to surprise the stock market in its last reported earnings when it earned -$0.09 a piece versus the consensus-estimated -$0.05. Its revenue totaled $2.84 billion up 4.95% from the previous quarter.

J. C. Penney Company, Inc. (NYSE:JCP) Intraday View

This stock (JCP) is ahead of its 52-week low with 3.99%. Its last month’s stock price volatility remained 8.15% which for the week stands at 5.1%. The share price has moved backward from its 20 days moving average, trading at a distance of -18.8% and stays -24.05% away from its 50 days moving average. Over the last five days, shares have faced -23.47% losses and now is down -43.79% since hitting its 200-day moving average of $4.5. J. C. Penney Company, Inc. (JCP) has made its way to a 12-month decline of -66.16%.

Turning to Integer Holdings Corporation (NYSE:ITGR), its shares were trading at $47.5 a retreat of $-1.85, on the trading floor. The stock, after opening at $48.85, touched a high of $48.85 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.4. Integer Holdings Corporation has 1 buy ratings, 3 holds and 0 sells even after the stock tumbled -13.95% from its high of $ 55.20 to a $1.53 billion market value through last close.

Integer Holdings Corporation (ITGR) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2 to 2.4 during a month. Analysts set a 12-month price target of $50.8 a share. The target implies a 6.95% spike from where the shares are currently trading. Also, the current price highlights a discount of 26.32% to analysts’ high consensus price target.

Integer Holdings Corporation (NYSE:ITGR) Intraday Trading

The counter witnessed a trading volume of 0.25 million shares versus an average volume of 0.17 million shares during last trading session. Its last month’s stock price volatility remained 3.71% which for the week approaches 2.37%. The lowest price the stock reached in the last trading day was $46.8 and compares with the $20.75 52-week low. The stock recovered 155.1% since its low point and has performed 61.29% year-to-date.

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