The price of Acuity Brands, Inc. (NYSE:AYI) went down by $-0.78 now trading at $135.51. Their shares witnessed a 30.95% increase from the 52-week low price of $103.48 they recorded on 2018-12-24. Even though it is still -27.67% behind the $173.01 high touched on 2018-09-21. The last few days have been good for the stock, as its price has grew by 0.33% during the week. It has also performed better over the past three months, as it added around 2.95% while it has so far climbed around 14.74% during the course of a year. The stock of AYI recorded 17.89% uptrend from the beginning of this year till date. The 12-month potential price target for Acuity Brands, Inc. is set at $149.11. This target means that the stock has an upside potential to increase by 10.04% from the current trading price.
69 institutions entered new Acuity Brands, Inc. (NYSE:AYI) positions, 224 added to their existing positions in these shares, 168 lowered their positions, and 46 exited their positions entirely.
Acuity Brands, Inc. (AYI) trade volume has decreased by -36.78% as around 242,583 shares were sold when compared with its 50-day average volume of traded shares which is 383,692. At the moment, AYI is witnessing a downtrend, as it is trading -4.07% below its 20-day SMA, -0.66% below its 50-day SMA, and 2.49% below its 200-day SMA. The company runs an ROE of roughly 19%, with financial analysts predicting that their earnings per share growth will be around 9.92% per annum for the next five year. This will be compared to the 21.1% increase witnessed over the past five years.
The first technical resistance point for Acuity Brands, Inc. (NYSE:AYI) will likely come at $136.98, marking a 1.07% premium to the current level. The second resistance point is at $138.44, about 2.12% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $133.9, the lower end of the range. AYI’s 14-day MACD is -1.89 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 41.18, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 20.09 percent, which is low when compared to that of the 50-day’s 29.02 percent.
The shares of Flotek Industries, Inc. (NYSE:FTK) has increased by 0.33%, and now trading at $3.04 on the Wall Street in the intra-day deal, with their shares traded now around 252,910. This is a decline of -162,634 shares over the average 415,544 shares that were traded daily over the last three months. The stock that is trading at $3.04 went higher by 220% from its 52-week low of $0.95 that it attained back on 2018-12-24. The stock recorded a 52-week high of $3.68 nearly 27 days ago on 2019-05-01.
FTK stock hasn’t performed well over the past 30 days, as it lost -8.71% while its price climbed by 178.9% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -8.43% over the last week. The stock’s 12-month potential target price is now at $4. This means that the stock price might likely increase by 31.58% from its current trading price. 1 out of 2 Wall Street analysts which represents 50% rated the stock as a buy while the remaining 50% rated it as a hold, with 0% of analysts rating it as a sell.
Flotek Industries, Inc. (NYSE:FTK) 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 10% per year, following the -31.1% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -10.34% below its 20-day SMA, -8.46% below its 50-day SMA, and 25.23% above its 200-day SMA. In percentage terms, the aggregate Flotek Industries, Inc. shares held by institutional investors is 61.2%. 15 institutions jumped in to acquire Flotek Industries, Inc. (FTK) fresh stake, 35 added to their current holdings in these shares, 49 lowered their positions, and 25 left no stake in the company.
The stock’s 9-day MACD is -0.19 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 25.61, which shows that its stock has been oversold. The 20-day historical volatility for the shares stand at 35.71 percent, which is less when compared to that of the 50-day’s 38.39 percent. On the daily chart, we see that the stock could reach the first level of resistance at $3.11, sporting a 2.25% premium to the current level. The next resistance point is at $3.17, representing nearly 4.1% premium to the current market price of Flotek Industries, Inc. (FTK). On the other hand, failure to breach the immediate hurdles can drag it down to $2.95, the lower end of the range.
