Stocks to Watch: Homology Medicines, Inc. (FIXX) and Par Pacific Holdings, Inc. (PARR) In the Spotlight

The price of Homology Medicines, Inc. (NASDAQ:FIXX) went down by $-0.34 now trading at $21.82. Their shares witnessed a 44.79% increase from the 52-week low price of $15.07 they recorded on 2018-08-20. Even though it is still -45.74% behind the $31.8 high touched on 2019-02-27. The last few days have been rough for the stock, as its price has decreased by -2.55% during the week. It has also performed poorly over the past three months, as it lost around -4.51% while it has so far climbed around 3.9% during the course of a year. The stock of FIXX recorded -2.42% downtrend from the beginning of this year till date. The 12-month potential price target for Homology Medicines, Inc. is set at $34. This target means that the stock has an upside potential to increase by 55.82% from the current trading price.

17 institutions entered new Homology Medicines, Inc. (NASDAQ:FIXX) positions, 41 added to their existing positions in these shares, 18 lowered their positions, and 5 exited their positions entirely.

Homology Medicines, Inc. (FIXX) trade volume has increased by 32.83% as around 366,422 shares were sold when compared with its 50-day average volume of traded shares which is 275,850. At the moment, FIXX is witnessing a downtrend, as it is trading -15.93% below its 20-day SMA, -16.12% below its 50-day SMA, and 0% below 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 -8.3% 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 Homology Medicines, Inc. (NASDAQ:FIXX) will likely come at $22.62, marking a 3.54% premium to the current level. The second resistance point is at $23.41, about 6.79% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $20.53, the lower end of the range. FIXX’s 14-day MACD is -2.73 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 34.05, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 88.43 percent, which is high when compared to that of the 50-day’s 78.18 percent.

The shares of Par Pacific Holdings, Inc. (NYSE:PARR) has increased by 1.42%, and now trading at $19.28 on the Wall Street in the intra-day deal, with their shares traded now around 290,316. This is a decline of -38,088 shares over the average 328,404 shares that were traded daily over the last three months. The stock that is trading at $19.28 went higher by 40.94% from its 52-week low of $13.68 that it attained back on 2018-12-26. The stock recorded a 52-week high of $21.34 nearly 236 days ago on 2018-08-30.

PARR stock has performed well over the past 30 days, as it added 7.41% while its price climbed by 35.97% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 4.56% over the last week. The stock’s 12-month potential target price is now at $22.8. This means that the stock price might likely increase by 18.26% from its current trading price. 5 out of 6 Wall Street analysts which represents 83.33% rated the stock as a buy while the remaining 16.67% rated it as a hold, with 0% of analysts rating it as a sell.

Par Pacific Holdings, Inc. (NYSE:PARR) has been utilizing an ROE that is roughly 8%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the 17.2% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 6.2% above its 20-day SMA, 10.75% above its 50-day SMA, and 10.73% above its 200-day SMA. In percentage terms, the aggregate Par Pacific Holdings, Inc. shares held by institutional investors is 86.6%. 22 institutions jumped in to acquire Par Pacific Holdings, Inc. (PARR) fresh stake, 76 added to their current holdings in these shares, 74 lowered their positions, and 24 left no stake in the company.

The stock’s 9-day MACD is 0.45 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 73.3, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 29.18 percent, which is more when compared to that of the 50-day’s 24.65 percent. On the daily chart, we see that the stock could reach the first level of resistance at $19.47, sporting a 0.98% premium to the current level. The next resistance point is at $19.66, representing nearly 1.93% premium to the current market price of Par Pacific Holdings, Inc. (PARR). On the other hand, failure to breach the immediate hurdles can drag it down to $18.86, the lower end of the range.

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