The Silver Lining In Flex Ltd. (FLEX), Range Resources Corporation (RRC)

Flex Ltd. (NASDAQ:FLEX) popped in on a high volume green day. Volume on 04-Dec-17 came in at 4.26 million contracts. The daily trading volume has averaged 3.31 million shares a day in past 3 months. The first sale was made at $18.08 but later the stock became weaker, and closed with a gain of 0.17%. It was last traded at $18.04 apiece.

Flex Ltd. Reports 2.74% Sales Growth

Flex Ltd. (FLEX) remained successful in beating the consensus-estimated $0.22 as it actually earned $0.23 per share in its last reported financial results. Revenue, on the other hand, scored 2.74% growth from the previous quarter, coming up with $5.26 billion.

FLEX Retreats -3.27% In A Week

This company shares (FLEX) so far managed to recover 29.04% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 2.75% while shortening the period to a week, volatility was 2.12%. The share price has yet to cross its 20 days moving average, floating at a distance of -2.16% and sits 1.56% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned -3.27% losses and is up by 7.62% compared with its 200-day moving average of $16.98. Also, Flex Ltd. (FLEX) needs to expand a 25.45% increase it experienced over the past twelve months.

Range Resources Corporation (NYSE:RRC) Consensus Call At 2.1

As regular trading ended, Range Resources Corporation (RRC) stock brought in a -$0.63 drop to $17.87. The day started at a price of $18.44 but then traded as high as $18.79 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.1. Range Resources Corporation is given 8 buy-equivalent recommendations, 1 sells and 9 holds. The company shares sank -54.92% from their peak of $39.64 and now has a $4.43 billion market value of equity.

Range Resources Corporation Could Grow 62.73% More

RRC’s mean recommendation on Reuter’s scale presents no change from 2.12 thirty days ago to 2.12 now, which indicates a hold consensus from the analyst community. They see Range Resources Corporation (RRC) price hitting a mean target of $29.08 a share, meaning the stock still has potential that could lift the price another 62.73% Also, the recent close suggests the stock is underpriced by 246.95% compared to the most bullish target.

Range Resources Corporation (RRC) Returns -47.99% This Year

The company had seen its current volume reaching at 5.22 million shares in the last trade. That compares with the recent volume average of 6.64 million. At the close of regular trading, its last week’s stock price volatility was 3.76% which for the month reaches 4.01%. Range Resources Corporation dipped to as low as $17.81 throughout the day and has returned -47.99% in this year. At one point in the past year, the shares traded as low as $15.99 but has recovered 11.72% since then.

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