Equity Research firms currently have a positive stance on shares of Global Blood Therapeutics Inc. (NASDAQ:GBT). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.70. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $56.00 on a short term basis.
Global Blood Therapeutics Inc. (NASDAQ:GBT) shares typically trade an average volume of 794.88 and institutions hold 94.80% of the total shares.
We see here that the stock is 5.33% away from the 20-Day Simple Moving Average. Their 50-Day Simple Moving Average is a difference of 4.25% from current levels. Further back, their 200-Day Simple Moving Average is 18.27% difference from today’s price. Currently, the stock is -7.24% from its 50-Day High and 22.58% from the 50-day low.
Global Blood Therapeutics Inc. (NASDAQ:GBT)‘s stock has performed at 103.81%. Breaking that down further, it has performed 11.76% for the week, 1.90% for the month, -1.51% over the last quarter, 82.92% for the past half-year and 59.62% for this last year.
Sell-side analysts are offering a consensus “Buy” rating on shares of Callaway Golf Company (NYSE:ELY). Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 1.80. Based on a recent trade, the shares are hovering around $13.50 which, according to analysts, yield significant upside potential to the $14.87 consensus target price.
Callaway Golf Company (NYSE:ELY)’s shares may have a significant upside to the consensus target of 14.87, but how has it been performing relative to the market? The stock’s price is 13.50 and their relative strength index (RSI) stands at 68.35. RSI is a technical oscillator that shows price strength by comparing upward and downward movements. It indicates oversold and overbought price levels for a stock.
Callaway Golf Company (NYSE:ELY) shares are moving 8.26% trading at $13.50 today.