Stocks to Watch: Wake-Up Call for Nokia Corporation (NOK), Ugi Corporation (UGI)

The price of Nokia Corporation (NYSE:NOK) went down by $-0.02 now trading at $4.94. Their shares witnessed a 4.88% increase from the 52-week low price of $4.71 they recorded on 2019-05-15. Even though it is still -34.62% behind the $6.65 high touched on 2019-01-30. The last few days have been good for the stock, as its price has grew by 0.2% during the week. It has also performed poorly over the past three months, as it lost around -21.84% while it has so far retreated around -20.83% during the course of a year. The stock of NOK recorded -15.12% downtrend from the beginning of this year till date. The 12-month potential price target for Nokia Corporation is set at $6.54. This target means that the stock has an upside potential to increase by 32.39% from the current trading price.

107 institutions entered new Nokia Corporation (NYSE:NOK) positions, 261 added to their existing positions in these shares, 136 lowered their positions, and 44 exited their positions entirely.

Nokia Corporation (NOK) trade volume has increased by 29.4% as around 34,755,519 shares were sold when compared with its 50-day average volume of traded shares which is 26,858,430. At the moment, NOK is witnessing a downtrend, as it is trading -5.38% below its 20-day SMA, -12.89% below its 50-day SMA, and -13.4% below its 200-day SMA. The company runs an ROE of roughly -4%, with financial analysts predicting that their earnings per share growth will be around 18.68% per annum for the next five year. This will be compared to the -28.2% decrease witnessed over the past five years.

The first technical resistance point for Nokia Corporation (NYSE:NOK) will likely come at $5, marking a 1.2% premium to the current level. The second resistance point is at $5.06, about 2.37% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $4.87, the lower end of the range. NOK’s 14-day MACD is -0.12 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 31.92, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 34.74 percent, which is high when compared to that of the 50-day’s 32.07 percent.

The shares of UGI Corporation (NYSE:UGI) has decreased by -0.57%, and now trading at $53.92 on the Wall Street in the intra-day deal, with their shares traded now around 1,011,170. This is a decline of -382,110 shares over the average 1,393,280 shares that were traded daily over the last three months. The stock that is trading at $53.92 went higher by 11.94% from its 52-week low of $48.17 that it attained back on 2018-06-07. The stock recorded a 52-week high of $59.31 nearly 164 days ago on 2018-12-07.

UGI stock has performed well over the past 30 days, as it added 3.02% while its price climbed by 1.07% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -1.98% over the last week. The stock’s 12-month potential target price is now at $59.6. This means that the stock price might likely increase by 10.53% from its current trading price. 4 out of 5 Wall Street analysts which represents 80% rated the stock as a buy while the remaining 0% rated it as a hold, with 20% of analysts rating it as a sell.

UGI Corporation (NYSE:UGI) has been utilizing an ROE that is roughly 10.4%, with stock analysts predicting that the company’s EPS for the next five years will go up by 6.5% per year, following the 14.2% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.03% above its 20-day SMA, -0.32% below its 50-day SMA, and -1.45% below its 200-day SMA. In percentage terms, the aggregate UGI Corporation shares held by institutional investors is 83%. 52 institutions jumped in to acquire UGI Corporation (UGI) fresh stake, 214 added to their current holdings in these shares, 205 lowered their positions, and 42 left no stake in the company.

The stock’s 9-day MACD is -0.06 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 48.79, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 19.19 percent, which is less when compared to that of the 50-day’s 22.14 percent. On the daily chart, we see that the stock could reach the first level of resistance at $54.17, sporting a 0.46% premium to the current level. The next resistance point is at $54.41, representing nearly 0.9% premium to the current market price of UGI Corporation (UGI). On the other hand, failure to breach the immediate hurdles can drag it down to $53.61, the lower end of the range.

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