Identiv, Inc. (NASDAQ:INVE) shares have been labeled a top pick by Beta Research as it meets the A+ criteria outlined by the firm. The stock boasts a consensus analyst “Buy” rating with the consensus recommendation standing at 2.50. This is according to all covering research brokerage firms taken into consideration by First Call. The consensus price target of $8.50 also implies significant upside from the current price of $4.72.
Identiv, Inc. (NASDAQ:INVE)’s shares may have a significant upside to the consensus target of 8.50, but how has it been performing relative to the market? The stock’s price is 4.72 and their relative strength index (RSI) stands at 43.84. 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.
Identiv, Inc. (NASDAQ:INVE) shares are moving 6.55% trading at $4.72 today.
Stock research firms currently have a positive stance on shares of Dicerna Pharmaceuticals, Inc. (NASDAQ:DRNA). Analysts are projecting that the stock will reach $5.75 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 2.20. This is based on the research brokerage reports taken into consideration by Thomson Reuters.
At the time of writing, the stock was trading at $3.91. This represents a change from most recent open price of 7.12%. In terms of performance, year to date, the stock is 35.76%. The monthly stock performance comes in at 19.94%. For the quarter, shares are performing at 33.45%. Weekly performance analysis shows the equity at 10.45%.
In taking a look at technical levels, shares are trading 13.84% away from the 50 day simple moving average and 25.88% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -35.90% away from it’s 52- week high and 61.50% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Dicerna Pharmaceuticals, Inc.’s RSI stands at 65.63. In looking at volatility levels, the shares saw weekly volatility of 5.65% and 6.84% over the past month.