Analyst Views On Top Movers In Recent Trade: Euroseas Ltd. (ESEA), Versartis, Inc. (VSAR)

Euroseas Ltd. (NASDAQ:ESEA) notched a 9.54% intraday gain moving at $2.1. When the opening bell rang, the price was $2.01. The number of shares that were traded during the day was 1.09 million, which corresponds to its 3-month volume average of 0.08 million shares a day.

Euroseas Ltd. (ESEA) Analyst Opinion

Euroseas Ltd. has a consensus outperform rating from 2 Wall Street analysts, and the number of shares currently sold short amount to at least 5.2% of shares outstanding. The stock spiked 10.26% last month and is up 23.96 this year. Wall Street is only getting more bullish on the stock, with 1 of analysts who cover ESEA having a buy-equivalent rating. Analysts have placed a $2.55 price target on Euroseas Ltd., suggesting a 21.43% gain from recent close. It’s currently trading about -74.04% below its 52-week high.

Euroseas Ltd. Earnings Surprise

Euroseas Ltd. (ESEA) failed to surprise the stock market in its last reported earnings when it earned -$0.13 a piece versus the consensus-estimated -$0.03. Its revenue totaled $8.9 million up 7.36% from the previous quarter.

Euroseas Ltd. (NASDAQ:ESEA) Intraday View

This stock (ESEA) is ahead of its 52-week low with 101.44%. Its last month’s stock price volatility remained 14.41% which for the week stands at 8%. The share price has moved forward from its 20 days moving average, trading at a distance of 15.64% and stays 21.94% away from its 50 days moving average. Over the last five days, shares have managed 14.48% gains and now is up 42.14% since hitting its 200-day moving average of $1.462. Euroseas Ltd. (ESEA) has made its way to a 12-month gain of 73.14%.

Turning to Versartis, Inc. (NASDAQ:VSAR), its shares were trading at $1.75 a retreat of $-0.1, on the trading floor. The stock, after opening at $1.85, touched a high of $1.95 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.9. Versartis, Inc. has 1 buy ratings, 5 holds and 0 sells even after the stock tumbled -92.71% from its high of $24.00 to a $60.64 million market value through last close.

Versartis, Inc. (VSAR) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2.75 to 2.86 during a month. Analysts set a 12-month price target of $4.29 a share. The target implies a 145.14% spike from where the shares are currently trading. Also, the current price highlights a discount of 414.29% to analysts’ high consensus price target.

Versartis, Inc. (NASDAQ:VSAR) Intraday Trading

The counter witnessed a trading volume of 1.43 million shares versus an average volume of 2.09 million shares during last trading session. Its last month’s stock price volatility remained 8.69% which for the week approaches 6.74%. The lowest price the stock reached in the last trading day was $1.75 and compares with the $1.70 52-week low. The stock recovered 2.94% since its low point and has performed -88.26% year-to-date.

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