Stocks to Watch: Wake-up Call for Synacor, Inc. (SYNC), Genetic Technologies Limited (GENE)

The price of Synacor, Inc. (NASDAQ:SYNC) went down by $-0.05 now trading at $1.55. Their shares witnessed a 10.71% increase from the 52-week low price of $1.4 they recorded on 2018-12-21. Even though it is still -61.29% behind the $2.5 high touched on 2018-08-09. The last few days have been good for the stock, as its price has grew by 3.33% during the week. It has also performed poorly over the past three months, as it lost around -13.41% while it has so far retreated around -11.43% during the course of a year. The stock of SYNC recorded 4.73% uptrend from the beginning of this year till date. The 12-month potential price target for Synacor, Inc. is set at $2.48. This target means that the stock has an upside potential to increase by 60% from the current trading price.

5 institutions entered new Synacor, Inc. (NASDAQ:SYNC) positions, 17 added to their existing positions in these shares, 15 lowered their positions, and 7 exited their positions entirely.

Synacor, Inc. (SYNC) trade volume has increased by 47.06% as around 92,044 shares were sold when compared with its 50-day average volume of traded shares which is 62,590. At the moment, SYNC is witnessing a uptrend, as it is trading 0.65% above its 20-day SMA, -5.58% below its 50-day SMA, and -13.53% below its 200-day SMA. The company runs an ROE of roughly -14.4%, with financial analysts predicting that their earnings per share growth will be around 25% per annum for the next five year. This will be compared to the -31.2% decrease witnessed over the past five years.

The first technical resistance point for Synacor, Inc. (NASDAQ:SYNC) will likely come at $1.6, marking a 3.13% premium to the current level. The second resistance point is at $1.65, about 6.06% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $1.49, the lower end of the range. SYNC’s 14-day MACD is 0.03 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 48.58, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 36.52 percent, which is high when compared to that of the 50-day’s 31.93 percent.

The shares of Genetic Technologies Limited (NASDAQ:GENE) has decreased by -6.58%, and now trading at $0.71 on the Wall Street in the intra-day deal, with their shares traded now around 83,083. This is a rise of 29,639 shares over the average 53,444 shares that were traded daily over the last three months. The stock that is trading at $0.71 went higher by 39.22% from its 52-week low of $0.51 that it attained back on 2018-12-20. The stock recorded a 52-week high of $2.04 nearly 295 days ago on 2018-07-16.

GENE stock hasn’t performed well over the past 30 days, as it lost -18.39% while its price climbed by 29.89% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -5.33% over the last week. The stock’s 12-month potential target price is now at $12.5.

Genetic Technologies Limited (NASDAQ:GENE) has been utilizing an ROE that is roughly -82.5%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the 35.3% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -11.2% below its 20-day SMA, -15.29% below its 50-day SMA, and -27.02% below its 200-day SMA. In percentage terms, the aggregate Genetic Technologies Limited shares held by institutional investors is 3.8%. 0 institutions jumped in to acquire Genetic Technologies Limited (GENE) fresh stake, 3 added to their current holdings in these shares, 5 lowered their positions, and 3 left no stake in the company.

The stock’s 9-day MACD is -0.02 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 30.77, which shows that its stock has been oversold. The 20-day historical volatility for the shares stand at 52.92 percent, which is less when compared to that of the 50-day’s 58.14 percent. On the daily chart, we see that the stock could reach the first level of resistance at $0.76, sporting a 6.58% premium to the current level. The next resistance point is at $0.8, representing nearly 11.25% premium to the current market price of Genetic Technologies Limited (GENE). On the other hand, failure to breach the immediate hurdles can drag it down to $0.66, the lower end of the range.

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