Stocks To Watch: Restoration Robotics, INC. (HAIR) AND Boingo Wireless, INC. (WIFI) On The Marquee

The price of Restoration Robotics, Inc. (NASDAQ:HAIR) went up by $0.03 now trading at $0.87. Their shares witnessed a 148.57% increase from the 52-week low price of $0.35 they recorded on 2018-12-24. Even though it is still -842.53% behind the $8.2 high touched on 2018-03-20. The last few days have been rough for the stock, as its price has decreased by -3.32% during the week. It has also performed poorly over the past three months, as it lost around -30.39% while it has so far retreated around -85.69% during the course of a year. The stock of HAIR recorded 99.75% uptrend from the beginning of this year till date. The 12-month potential price target for Restoration Robotics, Inc. is set at $5.67. This target means that the stock has an upside potential to increase by 551.72% from the current trading price.

When giving their opinion, around 100% of Wall Street analysts, which represents 4 out of 4 rated the stock as a Buy. 0 brokerage firms of the remaining 0% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate HAIR shares held by institutional investors represents 41.2% of total shares. 9 institutions entered new Restoration Robotics, Inc. (NASDAQ:HAIR) positions, 11 added to their existing positions in these shares, 15 lowered their positions, and 5 exited their positions entirely.

Restoration Robotics, Inc. (HAIR) trade volume has increased by 59.74% as around 949,406 shares were sold when compared with its 50-day average volume of traded shares which is 594,332. At the moment, HAIR is witnessing a uptrend, as it is trading 5.57% above its 20-day SMA, 7.69% above its 50-day SMA, and -55.38% above its 200-day SMA. The company runs an ROE of roughly -298.7%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the 0% decrease witnessed over the past five years.

The first technical resistance point for Restoration Robotics, Inc. (NASDAQ:HAIR) will likely come at $0.91, marking a 4.4% premium to the current level. The second resistance point is at $0.96, about 9.38% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $0.76, the lower end of the range. HAIR’s 14-day MACD is 0 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 50.22, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 94.32 percent, which is low when compared to that of the 50-day’s 162.68 percent.

The shares of Boingo Wireless, Inc. (NASDAQ:WIFI) has increased by 3.43%, and now trading at $21.12 on the Wall Street in the intra-day deal, with their shares traded now around 750,157. This is a rise of 255,581 shares over the average 494,576 shares that were traded daily over the last three months. The stock that is trading at $21.12 went higher by 14.16% from its 52-week low of $18.5 that it attained back on 2018-12-24. The stock recorded a 52-week high of $35.98 nearly 175 days ago on 2018-09-14.

WIFI stock hasn’t performed well over the past 30 days, as it lost -11.52% while its price climbed by 2.67% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -5.59% over the last week. The stock’s 12-month potential target price is now at $32.59. This means that the stock price might likely increase by 54.31% from its current trading price.9 out of 9 Wall Street analysts which represents 100% rated the stock as a buy while the remaining 0% rated it as a hold, with 0% of analysts rating it as a sell.

Boingo Wireless, Inc. (NASDAQ:WIFI) has been utilizing an ROE that is roughly -5.4%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the -37.3% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -10.34% below its 20-day SMA, -6.76% below its 50-day SMA, and -18.75% below its 200-day SMA. In percentage terms, the aggregate Boingo Wireless, Inc. shares held by institutional investors is 98.4%. 27 institutions jumped in to acquire Boingo Wireless, Inc. (WIFI) fresh stake, 102 added to their current holdings in these shares, 75 lowered their positions, and 24 left no stake in the company.

The stock’s 9-day MACD is -0.69 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 38.69, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 63.8 percent, which is more when compared to that of the 50-day’s 47.19 percent. On the daily chart, we see that the stock could reach the first level of resistance at $21.47, sporting a 1.63% premium to the current level. The next resistance point is at $21.82, representing nearly 3.21% premium to the current market price of Boingo Wireless, Inc. (WIFI). On the other hand, failure to breach the immediate hurdles can drag it down to $19.76, the lower end of the range.

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