Analyst Opinion On How To Bet On Southwest Airlines Co. (LUV), Riot Blockchain, Inc. (RIOT)

Southwest Airlines Co. (NYSE:LUV) recently saw its volume around 9.64 million shares and on average it trades 4.96 million shares a day. The opening price of $56.55, led it to gain 4.82% to reach $58.88 upon the closing bell.

Southwest Airlines Co. (LUV) Analyst Opinion

Southwest Airlines Co. has a consensus outperform rating from 19 Wall Street analysts, and the number of shares currently sold short amount to at least 1.1% of shares outstanding. The stock spiked 7.58% last month and is up 18.14 this year. Wall Street is only getting more bullish on the stock, with 16 of analysts who cover LUV having a buy-equivalent rating. Analysts have placed a $66.16 price target on Southwest Airlines Co., suggesting a 12.36% gain from recent close. It’s currently trading about -8.56% below its 52-week high.

Southwest Airlines Co. Earnings Surprise

Southwest Airlines Co. (LUV) surprised the stock market in its last reported earnings when it earned $0.88 a piece versus the consensus-estimated $0.87. Its revenue totaled $5.31 billion down -7.61% from the previous quarter.

Southwest Airlines Co. (NYSE:LUV) Intraday View

This stock (LUV) is ahead of its 52-week low with 31.72%. Its last month’s stock price volatility remained 2.39% which for the week stands at 1.8%. The share price has moved forward from its 20 days moving average, trading at a distance of 8.23% and stays 5.18% away from its 50 days moving average. Over the last five days, shares have managed 6.22% gains and now is up 3.87% since hitting its 200-day moving average of $57.11. Southwest Airlines Co. (LUV) has made its way to a 12-month gain of 24.64%.

Turning to Riot Blockchain, Inc. (NASDAQ:RIOT), its shares were trading at $13.18 a retreat of $-2.07, on the trading floor. The stock, after opening at $17.28, touched a high of $17.42 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3. Riot Blockchain, Inc. tumbled -45.08% from its high of $24.00 to a $74.34 million market value through last close.

Riot Blockchain, Inc. (NASDAQ:RIOT) Intraday Trading

The counter witnessed a trading volume of 8.05 million shares versus an average volume of 1.64 million shares during last trading session. Its last month’s stock price volatility remained 37.13% which for the week approaches 19.85%. The lowest price the stock reached in the last trading day was $12.3 and compares with the $2.37 52-week low. The stock recovered 455.41% since its low point and has performed 284.88% year-to-date.

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