STOCKS TO WATCH: EYES ON QEP RESOURCES, INC. (QEP), BAIDU, INC. (BIDU)

The last few days have been good for QEP Resources, Inc. (NYSE:QEP), as its price has grew by 8% during the week. It has also performed poorly over the past three months, as it lost around -0.48% while it has so far climbed around 5.82% during the course of a year. The price of the stock went up by $0.13 now trading at $8.37. Their shares witnessed a 67.4% increase from the 52-week low price of $5 they recorded on 2018-12-26. Even though it is still -64.52% behind the $13.77 high touched on 2018-07-10. The stock of QEP recorded 48.67% uptrend from the beginning of this year till date. The 12-month potential price target for QEP Resources, Inc. is set at $10.9. This target means that the stock has an upside potential to increase by 30.23% from the current trading price.

When giving their opinion, around 33.33% of Wall Street analysts, which represents 6 out of 18 rated the stock as a Buy. 12 brokerage firms of the remaining 66.67% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate QEP shares held by institutional investors represents 0% of total shares. 60 institutions entered new QEP Resources, Inc. (NYSE:QEP) positions, 153 added to their existing positions in these shares, 137 lowered their positions, and 49 exited their positions entirely.

QEP Resources, Inc. (QEP) trade volume has decreased by -44.14% as around 4,010,457 shares were sold when compared with its 50-day average volume of traded shares which is 7,179,506. At the moment, QEP is witnessing a uptrend, as it is trading 1.09% above its 20-day SMA, 10.82% above its 50-day SMA, and -16.73% above its 200-day SMA. The company runs an ROE of roughly -6.5%, with financial analysts predicting that their earnings per share growth will be around -5.69% per annum for the next five year. This will be compared to the 141.6% increase witnessed over the past five years.

The first technical resistance point for QEP Resources, Inc. (NYSE:QEP) will likely come at $8.47, marking a 1.18% premium to the current level. The second resistance point is at $8.57, about 2.33% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $8.18, the lower end of the range. QEP’s 14-day MACD is 0.06 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 56.56, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 38.65 percent, which is low when compared to that of the 50-day’s 93.82 percent.

The shares of Baidu, Inc. (NASDAQ:BIDU) has decreased by -2.31%, and now trading at $170.06 on the Wall Street in the intra-day deal, with their shares traded now around 3,433,765. This is a rise of 550,875 shares over the average 2,882,890 shares that were traded daily over the last three months. The stock that is trading at $170.06 went higher by 10.59% from its 52-week low of $153.78 that it attained back on 2019-01-03. The stock recorded a 52-week high of $284.22 nearly 278 days ago on 2018-05-16.

BIDU stock has performed well over the past 30 days, as it added 0.18% while its price climbed by 7.23% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 0.09% over the last week. The stock’s 12-month potential target price is now at $233.02. This means that the stock price might likely increase by 37.02% from its current trading price.23 out of 33 Wall Street analysts which represents 69.7% rated the stock as a buy while the remaining 30.3 rated it as a hold, with 0 of analysts rating it as a sell.

Baidu, Inc. (NASDAQ:BIDU) has been utilizing an ROE that is roughly 21.6%, with stock analysts predicting that the company’s EPS for the next five years will go up by 2.64% per year, following the 11.9% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.31% above its 20-day SMA, 0.7% above its 50-day SMA, and -20.57% below its 200-day SMA. In percentage terms, the aggregate Baidu, Inc. shares held by institutional investors is 81.8%. 106 institutions jumped in to acquire Baidu, Inc. (BIDU) fresh stake, 392 added to their current holdings in these shares, 403 lowered their positions, and 125 left no stake in the company.

The stock’s 9-day MACD is 0.67 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 48.91, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 24.43 percent, which is less when compared to that of the 50-day’s 34.72 percent. On the daily chart, we see that the stock could reach the first level of resistance at $174.13, sporting a 2.34% premium to the current level. The next resistance point is at $178.19, representing nearly 4.56% premium to the current market price of Baidu, Inc. (BIDU). On the other hand, failure to breach the immediate hurdles can drag it down to $164.93, the lower end of the range.

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