Hot Stocks Among Investors: Clovis Oncology, Inc. (CLVS), W&T Offshore, Inc. (WTI)

Shares of Clovis Oncology, Inc. (NASDAQ:CLVS) opened at $61.16, and ended -2.38% lower at $59.49. Nearly 1.62 million shares were traded by the close, higher than its average daily volume of 1.42 million shares.

Clovis Oncology, Inc. (CLVS) Analyst Opinion

Clovis Oncology, Inc. has a consensus outperform rating from 14 Wall Street analysts, and the number of shares currently sold short amount to at least 14.44% of shares outstanding. The stock sank -19.99% last month and is up 33.93 this year. Wall Street is only getting more bullish on the stock, with 10 of analysts who cover CLVS having a buy-equivalent rating. Analysts have placed a $91.17 price target on Clovis Oncology, Inc., suggesting a 53.25% gain from recent close. It’s currently trading about -40.18% below its 52-week high.

Clovis Oncology, Inc. Earnings Surprise

Clovis Oncology, Inc. (CLVS) failed to surprise the stock market in its last reported earnings when it earned -$1.24 a piece versus the consensus-estimated -$1.22. Its revenue totaled $21.01 million up 43.71% from the previous quarter.

Clovis Oncology, Inc. (NASDAQ:CLVS) Intraday View

This stock (CLVS) is ahead of its 52-week low with 74.76%. Its last month’s stock price volatility remained 3.92% which for the week stands at 4.5%. The share price has moved backward from its 20 days moving average, trading at a distance of -12.98% and stays -20.45% away from its 50 days moving average. Over the last five days, shares have faced -5.89% losses and now is down -14.88% since hitting its 200-day moving average of $74.32. Clovis Oncology, Inc. (CLVS) has made its way to a 12-month gain of 59.15%.

Turning to W&T Offshore, Inc. (NYSE:WTI), its shares were trading at $3.02 a retreat of $-0.05, on the trading floor. The stock, after opening at $3.07, touched a high of $3.11 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3.3. W&T Offshore, Inc. has 0 buy ratings, 2 holds and 0 sells even after the stock tumbled -18.16% from its high of $3.69 to a $418.96 million market value through last close.

W&T Offshore, Inc. (WTI) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 3.33 to 3.33 during a month. Analysts set a 12-month price target of $2.5 a share. The target implies a -17.22% decrease from where the shares are currently trading. Also, the current price highlights a discount of 32.45% to analysts’ high consensus price target.

W&T Offshore, Inc. (NYSE:WTI) Intraday Trading

The counter witnessed a trading volume of 2.5 million shares versus an average volume of 2.71 million shares during last trading session. Its last month’s stock price volatility remained 3.82% which for the week approaches 4.62%. The lowest price the stock reached in the last trading day was $3.02 and compares with the $1.53 52-week low. The stock recovered 97.39% since its low point and has performed 9.03% year-to-date.

SHARE
Previous articleWhat Current Valuations Tell Us About Nabors Industries Ltd. (NBR), HP Inc. (HPQ)?
Next articleHot Stocks Report: ZTO Express (Cayman) Inc. (ZTO), Hi-Crush Partners LP (HCLP)