Stocks to Watch: Golden Star Resources LTD. (GSS), Real Goods Solar, Inc. (RGSE)

The price of Golden Star Resources Ltd. (NYSE:GSS) went down by $-0.02 now trading at $4.06. Their shares witnessed a 67.08% increase from the 52-week low price of $2.43 they recorded on 2018-11-27. Even though it is still -15.02% behind the $4.67 high touched on 2019-04-12. The last few days have been good for the stock, as its price has grew by 2.01% during the week. It has also performed better over the past three months, as it added around 8.85% while it has so far climbed around 20.01% during the course of a year. The stock of GSS recorded 28.89% uptrend from the beginning of this year till date. The 12-month potential price target for Golden Star Resources Ltd. is set at $4.97. This target means that the stock has an upside potential to increase by 22.41% from the current trading price.

10 institutions entered new Golden Star Resources Ltd. (NYSE:GSS) positions, 28 added to their existing positions in these shares, 24 lowered their positions, and 16 exited their positions entirely.

Golden Star Resources Ltd. (GSS) trade volume has decreased by -70.65% as around 87,123 shares were sold when compared with its 50-day average volume of traded shares which is 296,810. At the moment, GSS is witnessing a downtrend, as it is trading -3.83% below its 20-day SMA, 1.99% above its 50-day SMA, and 14.09% above its 200-day SMA. The company runs an ROE of roughly -60.4%, 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 47% increase witnessed over the past five years.

The first technical resistance point for Golden Star Resources Ltd. (NYSE:GSS) will likely come at $4.11, marking a 1.22% premium to the current level. The second resistance point is at $4.17, about 2.64% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $3.97, the lower end of the range. GSS’s 14-day MACD is -0.07 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 48.93, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 49.73 percent, which is low when compared to that of the 50-day’s 56.76 percent.

The shares of Real Goods Solar, Inc. (NASDAQ:RGSE) has decreased by -6.52%, and now trading at $0.07 on the Wall Street in the intra-day deal, with their shares traded now around 380,029. This is a decline of -1,266,559 shares over the average 1,646,588 shares that were traded daily over the last three months. The stock that is trading at $0.07 went higher by 16.67% from its 52-week low of $0.06 that it attained back on 2019-04-26. The stock recorded a 52-week high of $1.64 nearly 363 days ago on 2018-05-09.

RGSE stock hasn’t performed well over the past 30 days, as it lost -55.85% while its price plunged by -86.6% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -20.5% over the last week. The stock’s 12-month potential target price is now at $2.

Real Goods Solar, Inc. (NASDAQ:RGSE) 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 down by 0% per year, following the 0% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -39.64% below its 20-day SMA, -70.15% below its 50-day SMA, and -81.9% below its 200-day SMA. In percentage terms, the aggregate Real Goods Solar, Inc. shares held by institutional investors is 1.88%. 5 institutions jumped in to acquire Real Goods Solar, Inc. (RGSE) fresh stake, 5 added to their current holdings in these shares, 10 lowered their positions, and 6 left no stake in the company.

The stock’s 9-day MACD is -0.0097 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 24.77, which shows that its stock has been oversold. The 20-day historical volatility for the shares stand at 205.31 percent, which is more when compared to that of the 50-day’s 180.36 percent. On the daily chart, we see that the stock could reach the first level of resistance at $0.0765, sporting a 8.5% premium to the current level. The next resistance point is at $0.0827, representing nearly 15.36% premium to the current market price of Real Goods Solar, Inc. (RGSE). On the other hand, failure to breach the immediate hurdles can drag it down to $0.0637, the lower end of the range.

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