The price of Gray Television, Inc. (NYSE:GTN) went down by $-0.1 now trading at $22.56. Their shares witnessed a 110.84% increase from the 52-week low price of $10.7 they recorded on 2018-06-05. Even though it is still -12.19% behind the $25.31 high touched on 2019-04-11. The last few days have been rough for the stock, as its price has decreased by -3.55% during the week. It has also performed better over the past three months, as it added around 36.89% while it has so far climbed around 85.68% during the course of a year. The stock of GTN recorded 53.05% uptrend from the beginning of this year till date. The 12-month potential price target for Gray Television, Inc. is set at $26.17. This target means that the stock has an upside potential to increase by 16% from the current trading price.
64 institutions entered new Gray Television, Inc. (NYSE:GTN) positions, 121 added to their existing positions in these shares, 88 lowered their positions, and 17 exited their positions entirely.
Gray Television, Inc. (GTN) trade volume has decreased by -48.46% as around 597,990 shares were sold when compared with its 50-day average volume of traded shares which is 1,160,278. At the moment, GTN is witnessing a downtrend, as it is trading -1.82% below its 20-day SMA, 4.09% above its 50-day SMA, and 25.38% above its 200-day SMA. The company runs an ROE of roughly 19.6%, with financial analysts predicting that their earnings per share growth will be around 10% per annum for the next five year. This will be compared to the 49.7% increase witnessed over the past five years.
The first technical resistance point for Gray Television, Inc. (NYSE:GTN) will likely come at $22.87, marking a 1.36% premium to the current level. The second resistance point is at $23.18, about 2.67% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $21.94, the lower end of the range. GTN’s 14-day MACD is -0.83 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 48.89, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 31.05 percent, which is low when compared to that of the 50-day’s 45.06 percent.
The shares of New Oriental Education & Technology Group Inc. (NYSE:EDU) has increased by 2.48%, and now trading at $94.54 on the Wall Street in the intra-day deal, with their shares traded now around 2,069,612. This is a rise of 667,610 shares over the average 1,402,002 shares that were traded daily over the last three months. The stock that is trading at $94.54 went higher by 87.95% from its 52-week low of $50.3 that it attained back on 2018-12-24. The stock recorded a 52-week high of $108.24 nearly 321 days ago on 2018-06-12.
EDU stock has performed well over the past 30 days, as it added 11.46% while its price climbed by 72.49% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 5.06% over the last week. The stock’s 12-month potential target price is now at $101.7. This means that the stock price might likely increase by 7.57% from its current trading price. 28 out of 30 Wall Street analysts which represents 93.33% rated the stock as a buy while the remaining 6.67% rated it as a hold, with 0% of analysts rating it as a sell.
New Oriental Education & Technology Group Inc. (NYSE:EDU) 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 up by 24.24% per year, following the 16.8% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 5.19% above its 20-day SMA, 12.31% above its 50-day SMA, and 29.37% above its 200-day SMA. In percentage terms, the aggregate New Oriental Education & Technology Group Inc. shares held by institutional investors is 84.4%. 54 institutions jumped in to acquire New Oriental Education & Technology Group Inc. (EDU) fresh stake, 161 added to their current holdings in these shares, 157 lowered their positions, and 64 left no stake in the company.
The stock’s 9-day MACD is 1.3 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 70.9, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 23.5 percent, which is less when compared to that of the 50-day’s 29.06 percent. On the daily chart, we see that the stock could reach the first level of resistance at $96.02, sporting a 1.54% premium to the current level. The next resistance point is at $97.49, representing nearly 3.03% premium to the current market price of New Oriental Education & Technology Group Inc. (EDU). On the other hand, failure to breach the immediate hurdles can drag it down to $91.43, the lower end of the range.
