Stocks to Watch: Eyes on USA Technologies, Inc. (USAT), PPDAI Group Inc. (PPDF)

The price of USA Technologies, Inc. (NASDAQ:USAT) went down by $-0.08 now trading at $7.13. Their shares witnessed a 123.51% increase from the 52-week low price of $3.19 they recorded on 2019-02-07. Even though it is still -136.04% behind the $16.83 high touched on 2018-08-29. The last few days have been good for the stock, as its price has grew by 18.24% during the week. It has also performed better over the past three months, as it added around 78.7% while it has so far retreated around -47.77% during the course of a year. The stock of USAT recorded 83.29% uptrend from the beginning of this year till date. The 12-month potential price target for USA Technologies, Inc. is set at $7.75. This target means that the stock has an upside potential to increase by 8.7% from the current trading price.

15 institutions entered new USA Technologies, Inc. (NASDAQ:USAT) positions, 51 added to their existing positions in these shares, 77 lowered their positions, and 40 exited their positions entirely.

USA Technologies, Inc. (USAT) trade volume has increased by 60.56% as around 1,614,860 shares were sold when compared with its 50-day average volume of traded shares which is 1,005,738. At the moment, USAT is witnessing a uptrend, as it is trading 19.29% above its 20-day SMA, 39.91% above its 50-day SMA, and 8.17% 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 25% per annum for the next five year. This will be compared to the 0% decrease witnessed over the past five years.

The first technical resistance point for USA Technologies, Inc. (NASDAQ:USAT) will likely come at $7.38, marking a 3.39% premium to the current level. The second resistance point is at $7.64, about 6.68% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $6.56, the lower end of the range. USAT’s 14-day MACD is 0.98 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 77.73, which shows that its stock has been overbought. The 20-day historical volatility for the stock stands at 60.63 percent, which is high when compared to that of the 50-day’s 47.27 percent.

The shares of PPDAI Group Inc. (NYSE:PPDF) has increased by 2.8%, and now trading at $5.14 on the Wall Street in the intra-day deal, with their shares traded now around 670,224. This is a decline of -795,976 shares over the average 1,466,200 shares that were traded daily over the last three months. The stock that is trading at $5.14 went higher by 80.35% from its 52-week low of $2.85 that it attained back on 2019-01-22. The stock recorded a 52-week high of $7.83 nearly 360 days ago on 2018-06-01.

PPDF stock hasn’t performed well over the past 30 days, as it lost -0.77% while its price climbed by 42.78% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -8.87% over the last week. The stock’s 12-month potential target price is now at $6.21. This means that the stock price might likely increase by 20.82% from its current trading price. 3 out of 7 Wall Street analysts which represents 42.86% rated the stock as a buy while the remaining 57.14% rated it as a hold, with 0% of analysts rating it as a sell.

PPDAI Group Inc. (NYSE:PPDF) has been utilizing an ROE that is roughly 49.3%, with stock analysts predicting that the company’s EPS for the next five years will go up by 0.82% per year, following the 0% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -4.8% below its 20-day SMA, 3.78% above its 50-day SMA, and 3.6% above its 200-day SMA. In percentage terms, the aggregate PPDAI Group Inc. shares held by institutional investors is 17%. 22 institutions jumped in to acquire PPDAI Group Inc. (PPDF) fresh stake, 35 added to their current holdings in these shares, 29 lowered their positions, and 13 left no stake in the company.

The stock’s 9-day MACD is -0.13 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 46.75, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 114.26 percent, which is more when compared to that of the 50-day’s 85.55 percent. On the daily chart, we see that the stock could reach the first level of resistance at $5.25, sporting a 2.1% premium to the current level. The next resistance point is at $5.36, representing nearly 4.1% premium to the current market price of PPDAI Group Inc. (PPDF). On the other hand, failure to breach the immediate hurdles can drag it down to $4.98, the lower end of the range.

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