Stocks to Watch: Vipshop Holdings Limited (VIPS) and Harmonic Inc. (HLIT) on the Marquee

The price of Vipshop Holdings Limited (NYSE:VIPS) went up by $0.18 now trading at $7.8. Their shares witnessed a 81.4% increase from the 52-week low price of $4.3 they recorded on 2018-10-30. Even though it is still -143.46% behind the $18.99 high touched on 2018-03-21. The last few days have been good for the stock, as its price has grew by 7.88% during the week. It has also performed better over the past three months, as it added around 38.54% while it has so far retreated around -56.93% during the course of a year. The stock of VIPS recorded 42.86% uptrend from the beginning of this year till date. The 12-month potential price target for Vipshop Holdings Limited is set at $7.22. This target means that the stock has an upside potential to increase by -7.44% from the current trading price.

When giving their opinion, around 29.17% of Wall Street analysts, which represents 7 out of 24 rated the stock as a Buy. 13 brokerage firms of the remaining 54.17% rated the stock as a Hold with 4 analyst rating it as a sell. Overall, the number of aggregate VIPS shares held by institutional investors represents 56.2% of total shares. 39 institutions entered new Vipshop Holdings Limited (NYSE:VIPS) positions, 114 added to their existing positions in these shares, 103 lowered their positions, and 39 exited their positions entirely.

Vipshop Holdings Limited (VIPS) trade volume has decreased by -39.33% as around 5,506,809 shares were sold when compared with its 50-day average volume of traded shares which is 9,076,563. At the moment, VIPS is witnessing a uptrend, as it is trading 6.95% above its 20-day SMA, 11.6% above its 50-day SMA, and 5.25% above its 200-day SMA. The company runs an ROE of roughly 13.1%, with financial analysts predicting that their earnings per share growth will be around 0.14% per annum for the next five year. This will be compared to the 40.4% increase witnessed over the past five years.

The first technical resistance point for Vipshop Holdings Limited (NYSE:VIPS) will likely come at $7.92, marking a 1.52% premium to the current level. The second resistance point is at $8.03, about 2.86% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $7.63, the lower end of the range. VIPS’s 14-day MACD is 0.23 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 56.96, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 79.9 percent, which is high when compared to that of the 50-day’s 67.46 percent.

The shares of Harmonic Inc. (NASDAQ:HLIT) has decreased by -0.88%, and now trading at $5.61 on the Wall Street in the intra-day deal, with their shares traded now around 914,478. This is a rise of 501,604 shares over the average 412,874 shares that were traded daily over the last three months. The stock that is trading at $5.61 went higher by 67.46% from its 52-week low of $3.35 that it attained back on 2018-05-04. The stock recorded a 52-week high of $6.32 nearly 123 days ago on 2018-11-15.

HLIT stock has performed well over the past 30 days, as it added 5.45% while its price climbed by 18.86% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled 0% over the last week. The stock’s 12-month potential target price is now at $5.88. This means that the stock price might likely increase by 4.81% from its current trading price.4 out of 6 Wall Street analysts which represents 66.67% rated the stock as a buy while the remaining 33.33% rated it as a hold, with 0% of analysts rating it as a sell.

Harmonic Inc. (NASDAQ:HLIT) has been utilizing an ROE that is roughly -9.4%, with stock analysts predicting that the company’s EPS for the next five years will go up by 35% per year, following the -26.4% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 1.53% above its 20-day SMA, 7.2% above its 50-day SMA, and 9.87% above its 200-day SMA. In percentage terms, the aggregate Harmonic Inc. shares held by institutional investors is 86%. 21 institutions jumped in to acquire Harmonic Inc. (HLIT) fresh stake, 69 added to their current holdings in these shares, 55 lowered their positions, and 12 left no stake in the company.

The stock’s 9-day MACD is 0.03 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 58.83, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 11.71 percent, which is less when compared to that of the 50-day’s 39.78 percent. On the daily chart, we see that the stock could reach the first level of resistance at $5.66, sporting a 0.88% premium to the current level. The next resistance point is at $5.72, representing nearly 1.92% premium to the current market price of Harmonic Inc. (HLIT). On the other hand, failure to breach the immediate hurdles can drag it down to $5.54, the lower end of the range.

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