Stocks to Watch: Atlantic Capital Bancshares, Inc. (ACBI) and Westwood Holdings Group, Inc. (WHG) in the spotlight

The price of Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) went up by $0.15 now trading at $17.3. Their shares witnessed a 19.81% increase from the 52-week low price of $14.44 they recorded on 2018-10-26. Even though it is still -24.86% behind the $21.6 high touched on 2018-06-07. The last few days have been rough for the stock, as its price has decreased by -1.03% during the week. It has also performed poorly over the past three months, as it lost around -9.71% while it has so far retreated around -17.62% during the course of a year. The stock of ACBI recorded 5.68% uptrend from the beginning of this year till date. The 12-month potential price target for Atlantic Capital Bancshares, Inc. is set at $19.8. This target means that the stock has an upside potential to increase by 14.45% from the current trading price.

12 institutions entered new Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) positions, 50 added to their existing positions in these shares, 51 lowered their positions, and 16 exited their positions entirely.

Atlantic Capital Bancshares, Inc. (ACBI) trade volume has increased by 8.11% as around 120,772 shares were sold when compared with its 50-day average volume of traded shares which is 111,708. At the moment, ACBI is witnessing a downtrend, as it is trading -0.64% below its 20-day SMA, -2.72% below its 50-day SMA, and -1.72% below its 200-day SMA. The company runs an ROE of roughly 9%, with financial analysts predicting that their earnings per share growth will be around 11.8% per annum for the next five year. This will be compared to the 23.1% increase witnessed over the past five years.

The first technical resistance point for Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) will likely come at $17.45, marking a 0.86% premium to the current level. The second resistance point is at $17.61, about 1.76% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $16.77, the lower end of the range. ACBI’s 14-day MACD is -0.16 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 45.38, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 17.57 percent, which is low when compared to that of the 50-day’s 25.27 percent.

The shares of Westwood Holdings Group, Inc. (NYSE:WHG) has increased by 0.62%, and now trading at $30.73 on the Wall Street in the intra-day deal, with their shares traded now around 92,595. This is a rise of 38,609 shares over the average 53,986 shares that were traded daily over the last three months. The stock that is trading at $30.73 went higher by 3.99% from its 52-week low of $29.55 that it attained back on 2019-05-16. The stock recorded a 52-week high of $61.92 nearly 324 days ago on 2018-07-10.

WHG stock hasn’t performed well over the past 30 days, as it lost -6.23% while its price plunged by -9.62% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 1.69% over the last week. The stock’s 12-month potential target price is now at $0.

Westwood Holdings Group, Inc. (NYSE:WHG) has been utilizing an ROE that is roughly 11.9%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the 6.3% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.85% above its 20-day SMA, -9.07% below its 50-day SMA, and -25.16% below its 200-day SMA. In percentage terms, the aggregate Westwood Holdings Group, Inc. shares held by institutional investors is 68%. 13 institutions jumped in to acquire Westwood Holdings Group, Inc. (WHG) fresh stake, 47 added to their current holdings in these shares, 35 lowered their positions, and 3 left no stake in the company.

The stock’s 9-day MACD is 0.33 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 48.99, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 16.72 percent, which is less when compared to that of the 50-day’s 34.23 percent. On the daily chart, we see that the stock could reach the first level of resistance at $30.99, sporting a 0.84% premium to the current level. The next resistance point is at $31.25, representing nearly 1.66% premium to the current market price of Westwood Holdings Group, Inc. (WHG). On the other hand, failure to breach the immediate hurdles can drag it down to $30.01, the lower end of the range.

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