There Is Enough Gas Left In The Tank: Clovis Oncology, Inc. (CLVS), Daqo New Energy Corp. (DQ)

Clovis Oncology, Inc. (NASDAQ:CLVS) recently ticked higher on weak volume. About 1.04 million contracts were traded on 06-Dec-17 compared to daily average volume of 1.42 million shares. The first sale was made at $58 but later the stock became weaker, and closed with a gain of 2.22%. It was last traded at $58.97 apiece.

Clovis Oncology, Inc. (CLVS): Outperform Candidate With 54.6% Upside Potential

Clovis Oncology, Inc. is maintained at an average outperform rating by 14 stock analysts, and there are at least 14.65% of shares outstanding that are currently legally short sold. The shares went down by -18.53% in value last month. Year-to-date it jumped 32.76%. Analysts are turning out to be more optimistic than before, with 10 of analysts who cover Clovis Oncology, Inc. (NASDAQ:CLVS) advice adding it to buy candidate list. Wall Street experts also assign a $91.17 price target on Clovis Oncology, Inc., pointing towards a 54.6% rally from current levels. The stock is trading for about -40.7% less than its 52-week high.

Clovis Oncology, Inc. Reports 43.71% Sales Growth

Clovis Oncology, Inc. (CLVS) remained unsuccessful in beating the consensus-estimated -$1.22 as it actually earned -$1.24 per share in its last reported financial results. Revenue, on the other hand, scored 43.71% growth from the previous quarter, coming up with $21.01 million.

CLVS Retreats -2.14% In A Week

This company shares (CLVS) so far managed to recover 66.68% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 5.35% while shortening the period to a week, volatility was 4.65%. The share price has yet to cross its 20 days moving average, floating at a distance of -7% and sits -18.78% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -2.14% losses and is down by -15.5% compared with its 200-day moving average of $74.84. Also, Clovis Oncology, Inc. (CLVS) needs to expand a 49.37% increase it experienced over the past twelve months.

Daqo New Energy Corp. (NYSE:DQ) Consensus Call At 2.3

As regular trading ended, Daqo New Energy Corp. (DQ) stock brought in a -$1.84 drop to $47.37. The day started at a price of $48.91 but then traded as high as $49.8 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 2.3. Daqo New Energy Corp. is given 0 buy-equivalent recommendations, 0 sells and 1 holds. The company shares sank -19.01% from their peak of $58.49 and now has a $474.65 million market value of equity.

Daqo New Energy Corp. Could Grow -17.46% More

DQ’s mean recommendation on Reuter’s scale presents no change from 2.33 thirty days ago to 2.33 now, which indicates a hold consensus from the analyst community. They see Daqo New Energy Corp. (DQ) price hitting a mean target of $39.1 a share, meaning the stock still has potential that could drag the price another -17.46% Also, the recent close suggests the stock is underpriced by 37.22% compared to the most bullish target.

Daqo New Energy Corp. (DQ) Returns 145.44% This Year

The company had seen its current volume reaching at 0.42 million shares in the last trade. That compares with the recent volume average of 0.22 million. At the close of regular trading, its last week’s stock price volatility was 8.03% which for the month reaches 11.9%. Daqo New Energy Corp. dipped to as low as $47.08 throughout the day and has returned 145.44% in this year. At one point in the past year, the shares traded as low as $18.01 but has recovered 163.02% since then.

Previous articleForget What Wall Street Says: TG Therapeutics, Inc. (TGTX), Athenex, Inc. (ATNX)
Next articleInvestors Feeling Jittery About Seattle Genetics, Inc. (SGEN), RYB Education, Inc. (RYB)