Quotient Technology Inc. (NYSE:QUOT) popped in on a low volume red day. Volume on 08-Nov-18 came in at 1.48 million contracts. The daily trading volume has averaged 426.54 million shares a day in past 3 months. The first sale was made at $13.1 but later the stock became weaker, and closed with a fall of -0.08%. It was last traded at $12.98 apiece.Quotient Technology Inc. (QUOT): Outperform Candidate With 42.53% Upside Potential
Quotient Technology Inc. is maintained at an average outperform rating by 7 stock analysts, and there are at least 7.93% of shares outstanding that are currently legally short sold. The shares went up by 1.41% in value last month. Year-to-date it jumped 10.47%. Analysts are turning out to be more optimistic than before, with 6 of analysts who cover Quotient Technology Inc. (NYSE:QUOT) advice adding it to buy candidate list. Wall Street experts also assign a $18.5 price target on Quotient Technology Inc., pointing towards a 42.53% rally from current levels. The stock is trading for about -18.75% less than its 52-week high.
Revenue scored 15.02% growth from the previous quarter, coming up with $102.99 million.QUOT Retreats -0.69% In A Week
This company shares (QUOT) so far managed to recover 25.41% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 4.95% while shortening the period to a week, volatility was 4.52%. The share price has already crossed its 20 days moving average, floating at a distance of 0.27% and sits -8.46% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -0.69% losses and is down by -4.78% compared with its 200-day moving average of $13.89. Also, Quotient Technology Inc. (QUOT) needs to overturn a -6.62% decrease it experienced over the past twelve months.
As regular trading ended, McKesson Corporation (MCK) stock brought in a -$0.15 drop to $132.57. The day started at a price of $129.06 but then traded as high as $132.85 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. McKesson Corporation is given 2 buy-equivalent recommendations, 0 sells and 10 holds. The company shares sank -25.88% from their peak of $178.86 and now has a $26.66 billion market value of equity.
MCK’s mean recommendation on Reuter’s scale improved from 2.5 thirty days ago to 2.59 now, which indicates a hold consensus from the analyst community. They see McKesson Corporation (MCK) price hitting a mean target of $143.31 a share, meaning the stock still has potential that could lift the price another 8.1% . Also, the recent close suggests the stock is underpriced by 58.41% compared to the most bullish target.
The company had seen its current volume reaching at 1.43 million shares in the last trade. That compares with the recent volume average of 1.55 million. At the close of regular trading, its last week’s stock price volatility was 3.27% which for the month reaches 3.47%. McKesson Corporation dipped to as low as $129.06 throughout the day and has returned -14.99% in this year. At one point in the past year, the shares traded as low as $117.19 but has recovered 13.12% since then.