Quick Look At Sell-Side Ratings on Mirati Therapeutics, Inc. (NASDAQ:MRTX) & Xcel Brands, Inc. (:XELB)

Equity Research firms currently have a positive stance on shares of Mirati Therapeutics, Inc. (NASDAQ:MRTX). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.20. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $9.00 on a short term basis.

Mirati Therapeutics, Inc. (NASDAQ:MRTX) shares typically trade an average volume of 194.67 and institutions hold 60.00% of the total shares.  

MOVING AVERAGES

We see here that the stock is 115.90% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 133.65% from current levels.  Further back, their 200-Day Simple Moving Average is 135.53% difference from today’s price.  Currently, the stock is 94.78% from its 50-Day High and 261.29% from the 50-day low. 

Mirati Therapeutics, Inc. (NASDAQ:MRTX)‘s stock has performed at 135.79%.  Breaking that down further, it has performed 124.00% for the week, 128.57% for the month, 273.33% over the last quarter, 105.50% for the past half-year and 128.11% for this last year. 

Sell-side analysts are offering a consensus “Buy” rating on shares of Xcel Brands, Inc. (:XELB).  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 2.00.  Based on a recent trade, the shares are hovering around $4.25 which, according to analysts, yield significant upside potential to the $4.50 consensus target price.

Xcel Brands, Inc. (:XELB)’s shares may have a significant upside to the consensus target of 4.50, but how has it been performing relative to the market?  The stock’s price is 4.25 and their relative strength index (RSI) stands at 62.15.  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.  

Xcel Brands, Inc. (:XELB) shares are moving 30.77% trading at $4.25 today.

Leave a Comment