Hot Stocks Report: Office Depot, Inc. (ODP), Nuvectra Corporation (NVTR)

Office Depot, Inc. (NASDAQ:ODP) trading capacity remained 5.6 million shares during the last session. However, the volume average of the last three months is 7.64 million shares. The stock opened the day at $2.53, and settled at $2.56 by the end to experience a 0.2% change.

Office Depot, Inc. (ODP) Analyst Opinion

Office Depot, Inc. has a consensus hold rating from 7 Wall Street analysts, and the number of shares currently sold short amount to at least 4.52% of shares outstanding. The stock spiked 3.44% last month and is down -27.82 this year. Wall Street is only getting more bearish on the stock, with 1 of analysts who cover ODP having a buy-equivalent rating. Analysts have placed a $2.91 price target on Office Depot, Inc., suggesting a 13.67% gain from recent close. It’s currently trading about -59.15% below its 52-week high.

Office Depot, Inc. Earnings Surprise

Office Depot, Inc. (ODP) failed to surprise the stock market in its last reported earnings when it earned $0.08 a piece versus the consensus-estimated $0.08. Its revenue totaled $2.72 billion up 5.42% from the previous quarter.

Office Depot, Inc. (NASDAQ:ODP) Intraday View

This stock (ODP) is ahead of its 52-week low with 27.75%. Its last month’s stock price volatility remained 4.83% which for the week stands at 4.62%. The share price has moved backward from its 20 days moving average, trading at a distance of -9.94% and stays 1.16% away from its 50 days moving average. Over the last five days, shares have faced -8.42% losses and now is down -15.79% since hitting its 200-day moving average of $2.75. Office Depot, Inc. (ODP) has made its way to a 12-month decline of -54.7%.

Turning to Nuvectra Corporation (NASDAQ:NVTR), its shares were trading at $17.37 a retreat of $-3.16, on the trading floor. The stock, after opening at $18.86, touched a high of $18.86 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. Nuvectra Corporation has 0 buy ratings, 0 holds and 0 sells even after the stock tumbled -26.58% from its high of $23.66 to a $251.87 million market value through last close.

Nuvectra Corporation (NVTR) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2 to 2 during a month. Analysts set a 12-month price target of $20.5 a share. The target implies a 18.02% spike from where the shares are currently trading. Also, the current price highlights a discount of 55.44% to analysts’ high consensus price target.

Nuvectra Corporation (NASDAQ:NVTR) Intraday Trading

The counter witnessed a trading volume of 1.21 million shares versus an average volume of 0.19 million shares during last trading session. Its last month’s stock price volatility remained 11.01% which for the week approaches 7.32%. The lowest price the stock reached in the last trading day was $14.2069 and compares with the $7.60 52-week low. The stock recovered 128.55% since its low point and has performed 123.84% year-to-date.