STOCKS TO WATCH: EYES ON NEW SENIOR INVESTMENT GROUP INC. (SNR), BLACK KNIGHT, INC. (BKI)

The price of New Senior Investment Group Inc. (NYSE:SNR) went down by $-0.02 now trading at $5.59. Their shares witnessed a 38.37% increase from the 52-week low price of $4.04 they recorded on 2019-01-02. Even though it is still -55.46% behind the $8.69 high touched on 2018-05-01. The last few days have been good for the stock, as its price has grew by 4.49% during the week. It has also performed better over the past three months, as it added around 12.02% while it has so far retreated around -35.67% during the course of a year. The stock of SNR recorded 35.68% uptrend from the beginning of this year till date. The 12-month potential price target for New Senior Investment Group Inc. is set at $5.25. This target means that the stock has an upside potential to increase by -6.08% from the current trading price.

29 institutions entered new New Senior Investment Group Inc. (NYSE:SNR) positions, 70 added to their existing positions in these shares, 81 lowered their positions, and 24 exited their positions entirely.

New Senior Investment Group Inc. (SNR) trade volume has decreased by -29.23% as around 432,475 shares were sold when compared with its 50-day average volume of traded shares which is 611,114. At the moment, SNR is witnessing a uptrend, as it is trading 2.51% above its 20-day SMA, 5.26% above its 50-day SMA, and 0.17% above its 200-day SMA. The company runs an ROE of roughly -41.3%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the -33.8% decrease witnessed over the past five years.

The first technical resistance point for New Senior Investment Group Inc. (NYSE:SNR) will likely come at $5.63, marking a 0.71% premium to the current level. The second resistance point is at $5.66, about 1.24% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $5.5, the lower end of the range. SNR’s 14-day MACD is 0.17 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 60.79, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 25.35 percent, which is low when compared to that of the 50-day’s 27.64 percent.

The shares of Black Knight, Inc. (NYSE:BKI) has increased by 0.5%, and now trading at $56.42 on the Wall Street in the intra-day deal, with their shares traded now around 730,243. This is a rise of 14,847 shares over the average 715,396 shares that were traded daily over the last three months. The stock that is trading at $56.42 went higher by 33.38% from its 52-week low of $42.3 that it attained back on 2018-11-20. The stock recorded a 52-week high of $56.73 nearly 1 days ago on 2019-04-30.

BKI stock has performed well over the past 30 days, as it added 3.52% while its price climbed by 25.21% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 1.07% over the last week. The stock’s 12-month potential target price is now at $58.88. This means that the stock price might likely increase by 4.36% from its current trading price. 13 out of 15 Wall Street analysts which represents 86.67% rated the stock as a buy while the remaining 13.33% rated it as a hold, with 0% of analysts rating it as a sell.

Black Knight, Inc. (NYSE:BKI) has been utilizing an ROE that is roughly 9.9%, with stock analysts predicting that the company’s EPS for the next five years will go up by 15.38% per year, following the 24.05% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 2.82% above its 20-day SMA, 5.47% above its 50-day SMA, and 11.38% above its 200-day SMA. In percentage terms, the aggregate Black Knight, Inc. shares held by institutional investors is 90.8%. 44 institutions jumped in to acquire Black Knight, Inc. (BKI) fresh stake, 143 added to their current holdings in these shares, 159 lowered their positions, and 55 left no stake in the company.

The stock’s 9-day MACD is 0.73 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 71.48, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 9.89 percent, which is more when compared to that of the 50-day’s 9.59 percent. On the daily chart, we see that the stock could reach the first level of resistance at $56.82, sporting a 0.7% premium to the current level. The next resistance point is at $57.21, representing nearly 1.38% premium to the current market price of Black Knight, Inc. (BKI). On the other hand, failure to breach the immediate hurdles can drag it down to $55.45, the lower end of the range.

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