An Inside Look at Trading Hot Stocks: First Midwest Bancorp, Inc. (FMBI), Amplify Snack Brands, Inc. (BETR)

First Midwest Bancorp, Inc. (NASDAQ:FMBI) trading capacity remained 0.55 million shares during the last session. However, the volume average of the last three months is 0.64 million shares. The stock opened the day at $23.61, and settled at $24.47 by the end to experience a 3.99% change.

First Midwest Bancorp, Inc. (FMBI) Analyst Opinion

First Midwest Bancorp, Inc. has a consensus outperform rating from 10 Wall Street analysts, and the number of shares currently sold short amount to at least 1.69% of shares outstanding. The stock spiked 4.48% last month and is down -3.01 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover FMBI having a buy-equivalent rating. Analysts have placed a $25.44 price target on First Midwest Bancorp, Inc., suggesting a 3.96% gain from recent close. It’s currently trading about -5.27% below its 52-week high.

First Midwest Bancorp, Inc. Earnings Surprise

First Midwest Bancorp, Inc. (FMBI) revenue totaled $165.45 million up 1.8% from the previous quarter.

First Midwest Bancorp, Inc. (NASDAQ:FMBI) Intraday View

This stock (FMBI) is ahead of its 52-week low with 19.37%. Its last month’s stock price volatility remained 1.89% which for the week stands at 2.12%. The share price has moved forward from its 20 days moving average, trading at a distance of 5.57% and stays 5.57% away from its 50 days moving average. Over the last five days, shares have managed 2.3% gains and now is up 6.42% since hitting its 200-day moving average of $22.7. First Midwest Bancorp, Inc. (FMBI) has made its way to a 12-month gain of 2.09%.

Turning to Amplify Snack Brands, Inc. (NYSE:BETR), its shares were trading at $5.58 a gain of $0.26, on the trading floor. The stock, after opening at $5.34, touched a high of $5.65 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5. Amplify Snack Brands, Inc. has 2 buy ratings, 5 holds and 0 sells even after the stock tumbled -50.84% from its high of $11.35 to a $424.19 million market value through last close.

Amplify Snack Brands, Inc. (BETR) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2.17 to 2.43 during a month. Analysts set a 12-month price target of $6.5 a share. The target implies a 16.49% spike from where the shares are currently trading. Also, the current price highlights a discount of 79.21% to analysts’ high consensus price target.

Amplify Snack Brands, Inc. (NYSE:BETR) Intraday Trading

The counter witnessed a trading volume of 0.54 million shares versus an average volume of 0.46 million shares during last trading session. Its last month’s stock price volatility remained 5.04% which for the week approaches 5.93%. The lowest price the stock reached in the last trading day was $5.26 and compares with the $4.78 52-week low. The stock recovered 16.74% since its low point and has performed -36.66% year-to-date.

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