Price Target Roundup on ContraFect Corporation (NASDAQ:CFRX) and Daqo New Energy Corp. (NYSE:DQ)

Stock research firms currently have a positive stance on shares of ContraFect Corporation (NASDAQ:CFRX). Analysts are projecting that the stock will reach $5.00 on a short term (1 year) basis.

The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. 

ContraFect Corporation (NASDAQ:CFRX) shares typically trade an average volume of 111.24 and institutions hold 24.70% of the total shares.  

MOVING AVERAGES

We see here that the stock is -11.34% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -22.06% from current levels.  Further back, their 200-Day Simple Moving Average is -42.60% difference from today’s price.  Currently, the stock is -41.50% from its 50-Day High and 17.72% from the 50-day low. 

ContraFect Corporation (NASDAQ:CFRX)‘s stock has performed at -46.18%.  Breaking that down further, it has performed 7.63% for the week, -21.52% for the month, -18.10% over the last quarter, -55.15% for the past half-year and -69.62% for this last year. 

Brokerage firms currently have a positive stance on shares of Daqo New Energy Corp. (NYSE:DQ). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.30. Those same analysts are projecting that the stock will reach $30.10 on a short term basis.

Daqo New Energy Corp. (NYSE:DQ)’s shares may have a significant upside to the consensus target of 30.10, but how has it been performing relative to the market?  The stock’s price is 28.15 and their relative strength index (RSI) stands at 64.61.  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.  

Daqo New Energy Corp. (NYSE:DQ) shares are moving 5.75% trading at $28.15 today.

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