Shares of Altaba Inc. (NASDAQ:AABA) opened at $75.76, and ended -0.1% lower at $76.51. Nearly 14.78 million shares were traded by the close, higher than its average daily volume of 8.8 million shares.Altaba Inc. (AABA) Analyst Opinion
Altaba Inc. has a consensus outperform rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 2.14% of shares outstanding. The stock spiked 7.38% last month and is up 9.53 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover AABA having a buy-equivalent rating. Analysts have placed a $80 price target on Altaba Inc., suggesting a 4.56% gain from recent close. It’s currently trading about -0.93% below its 52-week high.
Altaba Inc. (AABA) revenue totaled $1.2 billion down -18.64% from the previous quarter.Altaba Inc. (NASDAQ:AABA) Intraday View
This stock (AABA) is ahead of its 52-week low with 84.18%. Its last month’s stock price volatility remained 1.68% which for the week stands at 1.82%. The share price has moved forward from its 20 days moving average, trading at a distance of 6.48% and stays 7.64% away from its 50 days moving average. Over the last five days, shares have managed 3.7% gains and now is up 26.51% since hitting its 200-day moving average of $65.38. Altaba Inc. (AABA) has made its way to a 12-month gain of 80.87%.
Turning to UTStarcom Holdings Corp. (NASDAQ:UTSI), its shares were trading at $6.14 a retreat of $-0.19, on the trading floor. The stock, after opening at $6.28, touched a high of $6.28 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. UTStarcom Holdings Corp. has 1 buy ratings, 0 holds and 0 sells even after the stock tumbled -5.68% from its high of $6.51 to a $210.72 million market value through last close.
The company’s consensus rating on Reuter’s scale remained unchanged from 1 to 1 during a month. Analysts set a 12-month price target of $5 a share. The target implies a -18.57% decrease from where the shares are currently trading. Also, the current price highlights a discount of -18.57% to analysts’ high consensus price target.UTStarcom Holdings Corp. (NASDAQ:UTSI) Intraday Trading
The counter witnessed a trading volume of 0.25 million shares versus an average volume of 0.2 million shares during last trading session. Its last month’s stock price volatility remained 4.88% which for the week approaches 5.35%. The lowest price the stock reached in the last trading day was $5.94 and compares with the $1.66 52-week low. The stock recovered 269.88% since its low point and has performed 9.06% year-to-date.