Stocks to Watch: National Retail Properties, Inc. (NNN) and Novagold Resources Inc. (NG) in the spotlight

The price of National Retail Properties, Inc. (NYSE:NNN) went up by $0.27 now trading at $53.6. Their shares witnessed a 34.03% increase from the 52-week low price of $39.99 they recorded on 2018-05-24. Even though it is still -4.24% behind the $55.87 high touched on 2019-03-28. The last few days have been good for the stock, as its price has grew by 0.21% during the week. It has also performed better over the past three months, as it added around 1.73% while it has so far climbed around 34.3% during the course of a year. The stock of NNN recorded 10.49% uptrend from the beginning of this year till date. The 12-month potential price target for National Retail Properties, Inc. is set at $55.33. This target means that the stock has an upside potential to increase by 3.23% from the current trading price.

46 institutions entered new National Retail Properties, Inc. (NYSE:NNN) positions, 210 added to their existing positions in these shares, 155 lowered their positions, and 37 exited their positions entirely.

National Retail Properties, Inc. (NNN) trade volume has decreased by -34.07% as around 540,142 shares were sold when compared with its 50-day average volume of traded shares which is 819,236. At the moment, NNN is witnessing a uptrend, as it is trading 1.28% above its 20-day SMA, 0.79% above its 50-day SMA, and 8.38% above its 200-day SMA. The company runs an ROE of roughly 0%, 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 9.5% increase witnessed over the past five years.

The first technical resistance point for National Retail Properties, Inc. (NYSE:NNN) will likely come at $53.95, marking a 0.65% premium to the current level. The second resistance point is at $54.29, about 1.27% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $52.61, the lower end of the range. NNN’s 14-day MACD is 0.24 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 55.61, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 16.85 percent, which is low when compared to that of the 50-day’s 18.12 percent.

The shares of NovaGold Resources Inc. (NYSE:NG) has increased by 1.06%, and now trading at $3.83 on the Wall Street in the intra-day deal, with their shares traded now around 1,190,235. This is a decline of -17,483 shares over the average 1,207,718 shares that were traded daily over the last three months. The stock that is trading at $3.83 went higher by 12.32% from its 52-week low of $3.41 that it attained back on 2018-09-11. The stock recorded a 52-week high of $4.9 nearly 359 days ago on 2018-05-30.

NG stock hasn’t performed well over the past 30 days, as it lost -5.43% while its price plunged by -3.04% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -0.78% over the last week. The stock’s 12-month potential target price is now at $7.25. This means that the stock price might likely increase by 89.3% from its current trading price. 1 out of 1 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.

NovaGold Resources Inc. (NYSE:NG) 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 13.4% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -2.26% below its 20-day SMA, -7.12% below its 50-day SMA, and -2.73% below its 200-day SMA. In percentage terms, the aggregate NovaGold Resources Inc. shares held by institutional investors is 48.3%. 20 institutions jumped in to acquire NovaGold Resources Inc. (NG) fresh stake, 55 added to their current holdings in these shares, 59 lowered their positions, and 21 left no stake in the company.

The stock’s 9-day MACD is -0.05 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 40.25, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 23.27 percent, which is less when compared to that of the 50-day’s 26.7 percent. On the daily chart, we see that the stock could reach the first level of resistance at $3.9, sporting a 1.79% premium to the current level. The next resistance point is at $3.96, representing nearly 3.28% premium to the current market price of NovaGold Resources Inc. (NG). On the other hand, failure to breach the immediate hurdles can drag it down to $3.72, the lower end of the range.

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