Stocks to Watch: Eyes on Globalscape, Inc. (GSB), Kelso Technologies Inc. (KIQ)

The price of GlobalSCAPE, Inc. (NYSE:GSB) went up by $0.23 now trading at $8.93. The last few days have been good for the stock, as its price has grew by 3.96% during the week. It has also performed better over the past three months, as it added around 111.27% while it has so far climbed around 151.05% during the course of a year. The stock of GSB recorded 111.27% uptrend from the beginning of this year till date. The 12-month potential price target for GlobalSCAPE, Inc. is set at $0. This target means that the stock has an upside potential to increase by -100% from the current trading price.

5 institutions entered new GlobalSCAPE, Inc. (NYSE:GSB) positions, 20 added to their existing positions in these shares, 9 lowered their positions, and 3 exited their positions entirely.

GlobalSCAPE, Inc. (GSB) trade volume has increased by 142.78% as around 198,533 shares were sold when compared with its 50-day average volume of traded shares which is 81,776. At the moment, GSB is witnessing a uptrend, as it is trading 8.8% above its 20-day SMA, 23.13% above its 50-day SMA, and 81.56% above its 200-day SMA. The company runs an ROE of roughly 33.4%, 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 -2.9% decrease witnessed over the past five years.

The first technical resistance point for GlobalSCAPE, Inc. (NYSE:GSB) will likely come at $9.04, marking a 1.22% premium to the current level. The second resistance point is at $9.16, about 2.51% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $8.48, the lower end of the range. GSB’s 14-day MACD is 0.13 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 67.71, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 36.01 percent, which is low when compared to that of the 50-day’s 39.77 percent.

The shares of Kelso Technologies Inc. (NYSE:KIQ) has increased by 1.36%, and now trading at $1.49 on the Wall Street in the intra-day deal, with their shares traded now around 85,965. This is a decline of -37,327 shares over the average 123,292 shares that were traded daily over the last three months. The stock that is trading at $1.49 went higher by 313.89% from its 52-week low of $0.36 that it attained back on 2018-10-29. The stock recorded a 52-week high of $1.66 nearly 9 days ago on 2019-05-21.

KIQ stock has performed well over the past 30 days, as it added 33.04% while its price climbed by 244.03% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -5.7% over the last week. The stock’s 12-month potential target price is now at $0.

Kelso Technologies Inc. (NYSE:KIQ) 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 down by 0% per year, following the 0% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 12.42% above its 20-day SMA, 40.63% above its 50-day SMA, and 131.98% above its 200-day SMA. In percentage terms, the aggregate Kelso Technologies Inc. shares held by institutional investors is 0%. 1 institutions jumped in to acquire Kelso Technologies Inc. (KIQ) fresh stake, 4 added to their current holdings in these shares, 6 lowered their positions, and 1 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 64, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 69.83 percent, which is less when compared to that of the 50-day’s 75.34 percent. On the daily chart, we see that the stock could reach the first level of resistance at $1.53, sporting a 2.61% premium to the current level. The next resistance point is at $1.58, representing nearly 5.7% premium to the current market price of Kelso Technologies Inc. (KIQ). On the other hand, failure to breach the immediate hurdles can drag it down to $1.32, the lower end of the range.

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