Stocks to Watch: Polaris Industries Inc. (PII) and Relx Plc (RELX) In the Spotlight

The price of Polaris Industries Inc. (NYSE:PII) went up by $2.18 now trading at $98.73. Their shares witnessed a 40.5% increase from the 52-week low price of $70.27 they recorded on 2018-12-24. Even though it is still -32.94% behind the $131.25 high touched on 2018-06-18. The last few days have been good for the stock, as its price has grew by 6.17% during the week. It has also performed better over the past three months, as it added around 18.74% while it has so far retreated around -19.63% during the course of a year. The stock of PII recorded 28.76% uptrend from the beginning of this year till date. The 12-month potential price target for Polaris Industries Inc. is set at $95.71. This target means that the stock has an upside potential to increase by -3.06% from the current trading price.

49 institutions entered new Polaris Industries Inc. (NYSE:PII) positions, 160 added to their existing positions in these shares, 281 lowered their positions, and 90 exited their positions entirely.

Polaris Industries Inc. (PII) trade volume has decreased by -25.77% as around 495,002 shares were sold when compared with its 50-day average volume of traded shares which is 666,806. At the moment, PII is witnessing a uptrend, as it is trading 12.44% above its 20-day SMA, 13.4% above its 50-day SMA, and 3.24% above its 200-day SMA. The company runs an ROE of roughly 37.1%, with financial analysts predicting that their earnings per share growth will be around 15% per annum for the next five year. This will be compared to the -0.6% decrease witnessed over the past five years.

The first technical resistance point for Polaris Industries Inc. (NYSE:PII) will likely come at $99.93, marking a 1.2% premium to the current level. The second resistance point is at $101.14, about 2.38% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $95.14, the lower end of the range. PII’s 14-day MACD is 5.8 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 70.6, which shows that its stock has been overbought. The 20-day historical volatility for the stock stands at 34 percent, which is high when compared to that of the 50-day’s 32.69 percent.

The shares of RELX PLC (NYSE:RELX) has increased by 0.74%, and now trading at $21.79 on the Wall Street in the intra-day deal, with their shares traded now around 480,467. This is a rise of 100,145 shares over the average 380,322 shares that were traded daily over the last three months. The stock that is trading at $21.79 went higher by 13.31% from its 52-week low of $19.23 that it attained back on 2018-10-30. The stock recorded a 52-week high of $23.26 nearly 54 days ago on 2019-02-22.

RELX stock hasn’t performed well over the past 30 days, as it lost -1.45% while its price climbed by 6.19% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 1.16% over the last week. The stock’s 12-month potential target price is now at $26.4. This means that the stock price might likely increase by 21.16% 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.

RELX PLC (NYSE:RELX) has been utilizing an ROE that is roughly 66.2%, with stock analysts predicting that the company’s EPS for the next five years will go up by 9.5% per year, following the 7.9% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.8% above its 20-day SMA, -0.97% below its 50-day SMA, and 2.15% above its 200-day SMA. In percentage terms, the aggregate RELX PLC shares held by institutional investors is 2.6%. 26 institutions jumped in to acquire RELX PLC (RELX) fresh stake, 82 added to their current holdings in these shares, 118 lowered their positions, and 45 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 54.56, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 9.01 percent, which is less when compared to that of the 50-day’s 22.52 percent. On the daily chart, we see that the stock could reach the first level of resistance at $21.85, sporting a 0.27% premium to the current level. The next resistance point is at $21.9, representing nearly 0.5% premium to the current market price of RELX PLC (RELX). On the other hand, failure to breach the immediate hurdles can drag it down to $21.66, the lower end of the range.

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