The first technical resistance point for Groupon, Inc. (NASDAQ:GRPN) will likely come at $3.63, marking a 1.1% premium to the current level. The second resistance point is at $3.67, about 2.18% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $3.47, the lower end of the range. GRPN’s 14-day MACD is 0.28 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 69.36, which shows that its stock has been overbought. The 20-day historical volatility for the stock stands at 49.66 percent, which is low when compared to that of the 50-day’s 51.47 percent.
Groupon, Inc. (GRPN) trade volume has decreased by -39.04% as around 4,646,999 shares were sold when compared with its 50-day average volume of traded shares which is 7,623,134. At the moment, GRPN is witnessing a uptrend, as it is trading 11.86% above its 20-day SMA, 14.67% above its 50-day SMA, and -11.76% above its 200-day SMA. The company runs an ROE of roughly -3.2%, with financial analysts predicting that their earnings per share growth will be around 34.24% per annum for the next five year. This will be compared to the 17.8% increase witnessed over the past five years.
The last few days have been good for Groupon, Inc. (NASDAQ:GRPN), as its price has grew by 4.36% during the week. It has also performed better over the past three months, as it added around 8.46% while it has so far retreated around -29.47% during the course of a year. The price of the stock went up by $0.02 now trading at $3.59. Their shares witnessed a 28.21% increase from the 52-week low price of $2.8 they recorded on 2018-11-15. Even though it is still -57.38% behind the $5.65 high touched on 2018-01-29. The stock of GRPN recorded 12.19% uptrend from the beginning of this year till date. The 12-month potential price target for Groupon, Inc. is set at $4.16. This target means that the stock has an upside potential to increase by 15.88% from the current trading price.
When giving their opinion, around 25% of Wall Street analysts, which represents 4 out of 16 rated the stock as a Buy. 9 brokerage firms of the remaining 56.25% rated the stock as a Hold with 3 analyst rating it as a sell. Overall, the number of aggregate GRPN shares held by institutional investors represents 70.9% of total shares. 38 institutions entered new Groupon, Inc. (NASDAQ:GRPN) positions, 109 added to their existing positions in these shares, 110 lowered their positions, and 44 exited their positions entirely.
The shares of Office Depot, Inc. (NASDAQ:ODP) has decreased by -0.68%, and now trading at $2.94 on the Wall Street in the intra-day deal, with their shares traded now around 3,386,869. This is a decline of -2,603,115 shares over the average 5,989,984 shares that were traded daily over the last three months. The stock that is trading at $2.94 went higher by 47% from its 52-week low of $2 that it attained back on 2018-04-16. The stock recorded a 52-week high of $3.66 nearly 363 days ago on 2018-01-16..
ODP stock hasn’t performed well over the past 30 days, as it lost 0% while its price climbed by 13.95% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 8.89% over the last week. The stock’s 12-month potential target price is now at $3.43. This means that the stock price might likely increase by 16.67% from its current trading price.1 out of 5 Wall Street analysts which represents 20% rated the stock as a buy while the remaining 40 rated it as a hold, with 40 of analysts rating it as a sell.
Office Depot, Inc. (NASDAQ:ODP) has been utilizing an ROE that is roughly 3%, with stock analysts predicting that the company’s EPS for the next five years will go down by -2.2% per year, following the 18.8% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 12.17% above its 20-day SMA, 2.7% above its 50-day SMA, and 6.88% above its 200-day SMA. In percentage terms, the aggregate Office Depot, Inc. shares held by institutional investors is 92.3%. 46 institutions jumped in to acquire Office Depot, Inc. (ODP) fresh stake, 133 added to their current holdings in these shares, 91 lowered their positions, and 23 left no stake in the company.
The stock’s 9-day MACD is 0.17 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 65.12, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 70.53 percent, which is less when compared to that of the 50-day’s 76.61 percent. On the daily chart, we see that the stock could reach the first level of resistance at $2.97, sporting a 1.01% premium to the current level. The next resistance point is at $3.01, representing nearly 2.33% premium to the current market price of Office Depot, Inc. (ODP). On the other hand, failure to breach the immediate hurdles can drag it down to $2.85, the lower end of the range.