Don’t Get Caught Up In Reefer Madness: Revlon, Inc. (REV), Azure Power Global Limited (AZRE)


The price of Revlon, Inc. (NYSE:REV) went down by $-1.08 now trading at $20.6. Their shares witnessed a 47.14% increase from the 52-week low price of $14 they recorded on 2018-08-09. Even though it is still -43.79% behind the $29.62 high touched on 2018-11-09. The last few days have been good for the stock, as its price has grew by 6.46% during the week. It has also performed poorly over the past three months, as it lost around -13.55% while it has so far retreated around -3.29% during the course of a year. The stock of REV recorded -18.22% downtrend from the beginning of this year till date. The 12-month potential price target for Revlon, Inc. is set at $18. This target means that the stock has an upside potential to increase by -12.62% from the current trading price.

When giving their opinion, around 0% of Wall Street analysts, which represents 0 out of 1 rated the stock as a Buy. 1 brokerage firms of the remaining 100% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate REV shares held by institutional investors represents 14.9% of total shares. 28 institutions entered new Revlon, Inc. (NYSE:REV) positions, 45 added to their existing positions in these shares, 27 lowered their positions, and 5 exited their positions entirely.

Revlon, Inc. (REV) trade volume has increased by 50.18% as around 229,204 shares were sold when compared with its 50-day average volume of traded shares which is 152,616. At the moment, REV is witnessing a downtrend, as it is trading -4.56% below its 20-day SMA, -14.84% below its 50-day SMA, and -7.35% below its 200-day SMA. The company runs an ROE of roughly 35.8%, with financial analysts predicting that their earnings per share growth will be around 5% per annum for the next five year. This will be compared to the -33.5% decrease witnessed over the past five years.

The first technical resistance point for Revlon, Inc. (NYSE:REV) will likely come at $21.74, marking a 5.24% premium to the current level. The second resistance point is at $22.88, about 9.97% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $18.57, the lower end of the range. REV’s 14-day MACD is 1.45 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 43.39, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 103.25 percent, which is high when compared to that of the 50-day’s 70.47 percent.

The shares of Azure Power Global Limited (NYSE:AZRE) has decreased by 0%, and now trading at $10.95 on the Wall Street in the intra-day deal, with their shares traded now around 155,532. This is a rise of 123,258 shares over the average 32,274 shares that were traded daily over the last three months. The stock that is trading at $10.95 went higher by 32.73% from its 52-week low of $8.25 that it attained back on 2019-01-08. The stock recorded a 52-week high of $16.5 nearly 225 days ago on 2018-08-13.

AZRE stock hasn’t performed well over the past 30 days, as it lost 0% while its price climbed by 20.99% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -0.82% over the last week. The stock’s 12-month potential target price is now at $22. This means that the stock price might likely increase by 100.91% from its current trading price.3 out of 4 Wall Street analysts which represents 75% rated the stock as a buy while the remaining 25% rated it as a hold, with 0% of analysts rating it as a sell.

Azure Power Global Limited (NYSE:AZRE) has been utilizing an ROE that is roughly 0%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the 0.3% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -0.28% below its 20-day SMA, 4.37% above its 50-day SMA, and -12.44% below its 200-day SMA. In percentage terms, the aggregate Azure Power Global Limited shares held by institutional investors is 81.3%. 5 institutions jumped in to acquire Azure Power Global Limited (AZRE) fresh stake, 13 added to their current holdings in these shares, 4 lowered their positions, and 1 left no stake in the company.

The stock’s 9-day MACD is -0.18 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 48.47, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 39.67 percent, which is less when compared to that of the 50-day’s 40.11 percent. On the daily chart, we see that the stock could reach the first level of resistance at $11.03, sporting a 0.73% premium to the current level. The next resistance point is at $11.12, representing nearly 1.53% premium to the current market price of Azure Power Global Limited (AZRE). On the other hand, failure to breach the immediate hurdles can drag it down to $10.82, the lower end of the range.



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