Stocks Getting Far Too Much Hype: FibroGen, Inc. (FGEN), AMC Networks Inc. (AMCX)

FibroGen, Inc. (NASDAQ:FGEN) recent gain occurred on low volume with 0.47 million contracts changing hands on 06-Dec-17. That’s down from its daily average of 0.62 million contracts. The first sale was made at $45 but later the stock became weaker, and closed with a gain of 0.9%. It was last traded at $44.85 apiece.

FibroGen, Inc. (FGEN): Outperform Candidate With 50.88% Upside Potential

FibroGen, Inc. is maintained at an average outperform rating by 7 stock analysts, and there are at least 3.5% of shares outstanding that are currently legally short sold. The shares went down by -19.62% in value last month. Year-to-date it jumped 109.58%. Analysts are turning out to be more optimistic than before, with 5 of analysts who cover FibroGen, Inc. (NASDAQ:FGEN) advice adding it to buy candidate list. Wall Street experts also assign a $67.67 price target on FibroGen, Inc., pointing towards a 50.88% rally from current levels. The stock is trading for about -25.44% less than its 52-week high.

FibroGen, Inc. Reports 37% Sales Growth

FibroGen, Inc. (FGEN) remained unsuccessful in beating the consensus-estimated -$0.37 as it actually earned -$0.5 per share in its last reported financial results. Revenue, on the other hand, scored 37% growth from the previous quarter, coming up with $39.73 million.

FGEN Retreats -4.47% In A Week

This company shares (FGEN) so far managed to recover 132.99% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 4.56% while shortening the period to a week, volatility was 5.51%. The share price has yet to cross its 20 days moving average, floating at a distance of -5.44% and sits -13.73% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -4.47% losses and is up by 19.59% compared with its 200-day moving average of $42.71. Also, FibroGen, Inc. (FGEN) needs to expand a 98.01% increase it experienced over the past twelve months.

AMC Networks Inc. (NASDAQ:AMCX) Consensus Call At 2.6

As regular trading ended, AMC Networks Inc. (AMCX) stock brought in a -$1.86 drop to $53.81. The day started at a price of $55.37 but then traded as high as $55.88 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 2.6. AMC Networks Inc. is given 2 buy-equivalent recommendations, 1 sells and 10 holds. The company shares sank -20.41% from their peak of $67.61 and now has a $3.36 billion market value of equity.

AMC Networks Inc. Could Grow 7.32% More

AMCX’s mean recommendation on Reuter’s scale presents no change from 2.68 thirty days ago to 2.68 now, which indicates a hold consensus from the analyst community. They see AMC Networks Inc. (AMCX) price hitting a mean target of $57.75 a share, meaning the stock still has potential that could lift the price another 7.32% Also, the recent close suggests the stock is underpriced by 31.95% compared to the most bullish target.

AMC Networks Inc. (AMCX) Returns 2.81% This Year

The company had seen its current volume reaching at 0.92 million shares in the last trade. That compares with the recent volume average of 0.88 million. At the close of regular trading, its last week’s stock price volatility was 3.26% which for the month reaches 4.13%. AMC Networks Inc. dipped to as low as $53.47 throughout the day and has returned 2.81% in this year. At one point in the past year, the shares traded as low as $46.89 but has recovered 14.76% since then.

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