Stocks to Watch: Interpace Diagnostics Group, Inc. (IDXG) and Radiant Logistics, Inc. (RLGT) on the Marquee

The price of Interpace Diagnostics Group, Inc. (NASDAQ:IDXG) went down by $0 now trading at $0.69. Their shares witnessed a 1.47% increase from the 52-week low price of $0.68 they recorded on 2019-04-22. Even though it is still -157.97% behind the $1.78 high touched on 2018-09-20. The last few days have been rough for the stock, as its price has decreased by -3.7% during the week. It has also performed poorly over the past three months, as it lost around -36.11% while it has so far retreated around -24.11% during the course of a year. The stock of IDXG recorded -13.75% downtrend from the beginning of this year till date. The 12-month potential price target for Interpace Diagnostics Group, Inc. is set at $3.84. This target means that the stock has an upside potential to increase by 456.52% from the current trading price.

5 institutions entered new Interpace Diagnostics Group, Inc. (NASDAQ:IDXG) positions, 9 added to their existing positions in these shares, 9 lowered their positions, and 3 exited their positions entirely.

Interpace Diagnostics Group, Inc. (IDXG) trade volume has decreased by -13.27% as around 237,022 shares were sold when compared with its 50-day average volume of traded shares which is 273,300. At the moment, IDXG is witnessing a downtrend, as it is trading -11.34% below its 20-day SMA, -21.83% below its 50-day SMA, and -36.86% below its 200-day SMA. The company runs an ROE of roughly -33.1%, with financial analysts predicting that their earnings per share growth will be around 15% per annum for the next five year. This will be compared to the 16.5% increase witnessed over the past five years.

The first technical resistance point for Interpace Diagnostics Group, Inc. (NASDAQ:IDXG) will likely come at $0.7, marking a 1.43% premium to the current level. The second resistance point is at $0.71, about 2.82% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $0.66, the lower end of the range. IDXG’s 14-day MACD is -0.06 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 25.62, which shows that its stock has been oversold. The 20-day historical volatility for the stock stands at 29.69 percent, which is low when compared to that of the 50-day’s 41.77 percent.

The shares of Radiant Logistics, Inc. (NYSE:RLGT) has decreased by -1.56%, and now trading at $6.94 on the Wall Street in the intra-day deal, with their shares traded now around 357,309. This is a decline of -149,847 shares over the average 507,156 shares that were traded daily over the last three months. The stock that is trading at $6.94 went higher by 100.58% from its 52-week low of $3.46 that it attained back on 2018-05-01. The stock recorded a 52-week high of $7.33 nearly 6 days ago on 2019-04-17.

RLGT stock has performed well over the past 30 days, as it added 18.84% while its price climbed by 63.29% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 4.83% over the last week. The stock’s 12-month potential target price is now at $8. This means that the stock price might likely increase by 15.27% from its current trading price. 5 out of 5 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.

Radiant Logistics, Inc. (NYSE:RLGT) has been utilizing an ROE that is roughly 8.4%, with stock analysts predicting that the company’s EPS for the next five years will go up by 24.6% per year, following the 1.7% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 8.93% above its 20-day SMA, 12.54% above its 50-day SMA, and 34.41% above its 200-day SMA. In percentage terms, the aggregate Radiant Logistics, Inc. shares held by institutional investors is 48.9%. 14 institutions jumped in to acquire Radiant Logistics, Inc. (RLGT) fresh stake, 53 added to their current holdings in these shares, 44 lowered their positions, and 5 left no stake in the company.

The stock’s 9-day MACD is 0.22 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 63.97, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 37.59 percent, which is less when compared to that of the 50-day’s 41.53 percent. On the daily chart, we see that the stock could reach the first level of resistance at $7.15, sporting a 2.94% premium to the current level. The next resistance point is at $7.36, representing nearly 5.71% premium to the current market price of Radiant Logistics, Inc. (RLGT). On the other hand, failure to breach the immediate hurdles can drag it down to $6.66, the lower end of the range.

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