Although there have been plenty of winners in the last year,
SRC Energy Inc. (:SRCI) does not make the list. Over the last 52-weeks, shares have seen a drop of -63.22%. As we move deeper into the current year, investors will be keeping a close eye on the stock to see if there are any signs pointing to shares gaining some upward momentum.
Occasionally, a certain stock may perform much higher than expectations, and it may become a much greater percentage of the portfolio. This is typically a good thing, but it may require some decisions on what to do with the portfolio allocations. If one stock is making up a high percentage of the total, it may create the risk of higher than normal average losses if the shares take an unforeseen dive lower. Even if the stock has the potential to go much higher, it can be tricky to know when to sell and find other stocks that might be a better value. Selling a winner might leave the average investor frustrated if the stock goes higher, but there may be nothing wrong with taking profits and not leaving gains on the table. As we move into the second half of the year, investors may want to compare first half gains with goals that were established at the beginning of the year. This may help narrow in on what needs to be done in order to stay in the green for the rest of the year and beyond. Setting portfolio goals may be a good way to stay the course when things get a little hairy in the markets.
Zooming in on SRC Energy Inc. (:SRCI) shares, we can see that the stock has changed 10.93% over the prior week. Over the last month, company shares are -12.24%. For the last quarter, the stock has moved -29.97%. Year-to-date, the stock has performed -11.49%. Because past performance does not guarantee future results, investors may need to do some extra research when choosing high risk stocks to add to the portfolio. Many investors are constantly looking for that next big stock winner before everyone else. Making sure that they are not taking on too much extra risk when doing this may be the secret to keeping the portfolio strong and balanced.
Investors studying shares of SRC Energy Inc. (:SRCI) may be looking at current levels relative to its 52-week high and low. At the time of writing, the stock had recently brushed the $3.99 level. At this price, shares can be seen trading -65.80% off of the 52-week high mark and 26.03% away from the 52-week low. Investors often pay increased attention to a stock when it is nearing either mark.
Sell-side analysts have provided a consensus target price on shares of SRC Energy Inc.. The current consensus target is $7.64. Analysts often put in a lot of work to study stocks that they cover. Because each covering analyst may come to a different conclusion about where shares are headed, investors often look to the consensus number in order to get an overall sense of the outlook.
We can also see that sell-side analysts have a consensus recommendation of 2.00 on shares of SRC Energy Inc. (:SRCI). This number falls on a one to five scale where a one would be considered a strong buy and a five would indicate a strong sell recommendation. Trying to keep up with 24-hour stock news can be dizzying. Even though there may be some major news mixed in, a lot of the headlines may not be worth paying much attention to. Figuring out what information is useful may take some time for the investor to figure out. Once the filter is in place, investors may find it much easier to focus on the important data.
When examining stocks, investors might be doing top down research. Top down analysis begins with looking at certain macro-economic factors. This may involve focusing in on the bigger picture and going all the way down to specific stocks. Starting at the top, investors may check on the global economic environment, overall market trends, and sector trends. Investors may choose to start doing research the other way around. This may involve first looking at the fundamentals for particular stocks in order to gauge the strength from a company standpoint. Many investors will scope out all the different investing aspects as to not leave any information uncovered.
