Home Emerging Stocks Notable Momentum Stocks in Focus: Tower Semiconductor Ltd., (NASDAQ: TSEM), Resonant Inc.,...

Notable Momentum Stocks in Focus: Tower Semiconductor Ltd., (NASDAQ: TSEM), Resonant Inc., (NASDAQ: RESN), New York Mortgage Trust, Inc., (NASDAQ: NYMT), Electronics for Imaging, Inc., (NASDAQ: EFII)

5
0
SHARE

News Alert:

US stocks, dollar rattled by Flynn testimony report:

US stocks and the dollar headed sharply lower after a report that Michael Flynn, Donald Trump’s former national security adviser who was charged earlier on Friday with lying to the FBI, was prepared to testify that the president directed him to make contact with Russian officials.

All three major equities indices  the S&P 500, Nasdaq Composite and Dow Jones Industrial Average  extended their losses to drop a full 1 per cent apiece, according to Thomson Reuters data.

The DXY index a measure of the buck against a basket of its major peers — reversed a 0.2 per cent gain to trade 0.2 per cent lower on the news.

Within this, the greenback’s drop against the euro was particularly pronounced. It gave up a 0.5 per cent gain and was trading 0.1 per cent lower at $1.1913 at pixel time. Against the sterling, it trimmed a 0.5 per cent advance to just 0.1 per cent at $1.3505.

The report from ABC News which suggests that Flynn was offering testimony as part of a plea bargain with US prosecutors that could implicate Mr Trump in the growing Russian scandal — has compounded earlier market jitters about the US Senate’s progress on tax reform.Source (F.T)

Stock To Watch: Tower Semiconductor Ltd.

Tower Semiconductor Ltd., belongs to Technology sector and Semiconductor – Integrated Circuits industry.

Intraday Trading of Tower Semiconductor Ltd.:

The Technology stock (Tower Semiconductor Ltd.) showed a change of -0.63 percent from opening and finally turned off its business at $34.91 by scoring -0.85 percent on Friday.

Trading volume, or volume, is the number of shares or contracts that point towards the overall activity of a security or market for a given period.

The company exchanged hands with 1142540 shares compared to its average daily volume of 596.47K shares.

Historical Performances under Review:

Over the last week, Tower Semiconductor Ltd.’s shares returned -1.52 percent and in the past 30.0 days the figure appeared at 6.5 percent. Furthermore, over the 90.0 days, the stock was able to yield 16.52 percent.

However, 37.66 percent is noted as its 180 days or half-yearly performance. The current EPS for the company has been recorded at $1.79. By applying the formula, the price-earnings (P/E) ratio comes out to be 19.46.

Major Indicators to Watch:

The Tower Semiconductor Ltd. has 92.58M shares outstanding with 19.6 percent insider ownership. The stock has weekly volatility of 3.81 percent and monthly volatility of 2.63 percent with ATR of 1.02 and beta of 0.94. Risk administration is a fundamental process used to make investment decisions.

Beta measures the amount of systematic risk a security has relative to the whole market. The market has a beta of 1, and it can be used to gauge the risk of a security.

The TSEM is trading away to its 20-days, 50-day and 200-day moving averages by 2.28 percent, 7.56 percent and 31.01 percent, respectively.

Resonant Inc., belongs to Technology sector and Semiconductor – Integrated Circuits industry. (NASDAQ: RESN) has grabbed attention from the analysts when it practiced a change of 4.36 percent in the last trading session to close at $7.42. A total of 887140 shares exchanged hands during the intra-day trade contrast with its average trading volume of 154.50K shares, while its relative volume stands at 5.74.

RESN has market value of $114.19M while its EPS was booked as $-1.36 in the last 12 months. The stock has 15.39M shares outstanding. In the profitability analysis, the company has gross profit margin of #VALUE! percent while net profit margin was #VALUE! percent.

Trading volume is a gauge of how many times a stock is bought and sold in a given time period (most commonly, within a day of trading, known as the average daily trading volume – ADTV).

ATR stands at 0.44 while Beta factor of the stock stands at 0.85. Beta factor is used to measure the volatility of the stock. After a recent check, company stock is found to be 11.21 percent volatile for the week, while 7.49 percent volatility is recorded for the month. Most company stocks have very little volatility. They generally move extremely slowly and they only produce big price swings when the company produces good or bad trading results, which may only happen a couple of times a year at best. The company’s distance from 52-week high price is 3.63 percent and the current price is 94.24 percent away from 52-week low price. The company has Relative Strength Index (RSI 14) of 79.99.

Performance Review Of Resonant Inc., (NASDAQ: RESN):

The stock has shown weekly performance of 14.33 percent and monthly performance stands at 61.3 percent. The stock has shown quarterly performance of 61.66 percent and a half-year performance stands at 67.87 percent.

Analyst recommendation for this stock stands at 2.

New York Mortgage Trust, Inc., (NASDAQ: NYMT) make a change of -0.16 percent with the overall traded volume of 693897 shares as compare to its average volume of 852.86K shares. The company has the market value of $715.81M and its EPS ratio for the past year was $0.5. The company turned off its business at $6.39. New York Mortgage Trust, Inc., belongs to Financial sector and REIT – Residential industry.

Technical Analysis in the Limelight:

The organization has 112.02M shares outstanding and 38.9 percent shares of the company were owned by institutional shareholders. The company has 1.8 value in price to sale ratio while price to book ratio was recorded as 1.05. It beta stands at 1.41.

The average true range of the stock is recorded at 0.1 and the relative strength index of the stock stands 55.33.

The stock has shown its weekly performance of -1.24 percent and monthly performance stands at 5.62 percent. The stock price is moving from its 200 days moving average with 1.08 percent and from 50 days moving average with 2.19 percent.

Electronics for Imaging, Inc., (NASDAQ: EFII), plunged -3.74 percent with the closing price of $29.61. The overall volume in the last trading session was 535865 shares. Electronics for Imaging, Inc., belongs to Technology sector and Computer Peripherals industry.

According to Electronics for Imaging, Inc..’s Insider ownership is at 1.3 percent. The total amount of shares outstanding is 46.55M, giving the company a market capitalization of about 1.38B. The stock has seen its SMA50 which is now -18.57 percent. In looking the SMA 200 we see that the stock has seen a -30.8 percent.The Company’s net profit margin for the 12 months at 4.9 percent. Comparatively, the gazes have a Gross margin 52.1 percent.

Earnings per Share Details of Electronics for Imaging, Inc.:

The EPS of EFII is strolling at 0.63, measuring its EPS growth this year at 36.8 percent. As a result, the company has an EPS growth of 6.73 percent for the approaching year.

Company’s EPS for the past five years is valued at 10.5 percent leading it to an EPS value of 6.25 percent for the next five years.

LEAVE A REPLY

Please enter your comment!
Please enter your name here