Stocks to Watch: Yelp Inc. (YELP) and Focus Financial Partners Inc. (FOCS) in the spotlight

The price of Yelp Inc. (NYSE:YELP) went up by $0.6 now trading at $32.29. Their shares witnessed a 10.09% increase from the 52-week low price of $29.33 they recorded on 2018-11-09. Even though it is still -62.59% behind the $52.5 high touched on 2018-09-20. The last few days have been rough for the stock, as its price has decreased by -0.03% during the week. It has also performed poorly over the past three months, as it lost around -16.67% while it has so far retreated around -30.47% during the course of a year. The stock of YELP recorded -7.72% downtrend from the beginning of this year till date. The 12-month potential price target for Yelp Inc. is set at $38.52. This target means that the stock has an upside potential to increase by 19.29% from the current trading price.

68 institutions entered new Yelp Inc. (NYSE:YELP) positions, 150 added to their existing positions in these shares, 131 lowered their positions, and 34 exited their positions entirely.

Yelp Inc. (YELP) trade volume has increased by 27.19% as around 2,082,954 shares were sold when compared with its 50-day average volume of traded shares which is 1,637,670. At the moment, YELP is witnessing a downtrend, as it is trading -13.29% below its 20-day SMA, -10.34% below its 50-day SMA, and -16.98% below its 200-day SMA. The company runs an ROE of roughly 5.5%, with financial analysts predicting that their earnings per share growth will be around 33.2% per annum for the next five year. This will be compared to the 43.4% increase witnessed over the past five years.

The first technical resistance point for Yelp Inc. (NYSE:YELP) will likely come at $32.59, marking a 0.92% premium to the current level. The second resistance point is at $32.9, about 1.85% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $31.54, the lower end of the range. YELP’s 14-day MACD is -3.74 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 34.13, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 65.07 percent, which is high when compared to that of the 50-day’s 44.35 percent.

The shares of Focus Financial Partners Inc. (NASDAQ:FOCS) has increased by 0.72%, and now trading at $30.7 on the Wall Street in the intra-day deal, with their shares traded now around 447,504. This is a rise of 190,808 shares over the average 256,696 shares that were traded daily over the last three months.

FOCS stock hasn’t performed well over the past 30 days, as it lost -17.83% while its price climbed by 16.6% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -4.84% over the last week. The stock’s 12-month potential target price is now at $41. This means that the stock price might likely increase by 33.55% from its current trading price. 4 out of 9 Wall Street analysts which represents 44.44% rated the stock as a buy while the remaining 55.56% rated it as a hold, with 0% of analysts rating it as a sell.

Focus Financial Partners Inc. (NASDAQ:FOCS) has been utilizing an ROE that is roughly 0%, with stock analysts predicting that the company’s EPS for the next five years will go up by 18.8% per year, following the -16% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -13.48% below its 20-day SMA, -14.25% below its 50-day SMA, and -14.14% below its 200-day SMA. In percentage terms, the aggregate Focus Financial Partners Inc. shares held by institutional investors is 82.62%. 31 institutions jumped in to acquire Focus Financial Partners Inc. (FOCS) fresh stake, 74 added to their current holdings in these shares, 26 lowered their positions, and 10 left no stake in the company.

The stock’s 9-day MACD is -1.29 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 17.33, which shows that its stock has been oversold. The 20-day historical volatility for the shares stand at 47.22 percent, which is more when compared to that of the 50-day’s 37.32 percent. On the daily chart, we see that the stock could reach the first level of resistance at $31.19, sporting a 1.57% premium to the current level. The next resistance point is at $31.68, representing nearly 3.09% premium to the current market price of Focus Financial Partners Inc. (FOCS). On the other hand, failure to breach the immediate hurdles can drag it down to $30.06, the lower end of the range.

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