Sell-side Research Says Buy These Stocks: Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI), Floor & Decor Holdings, Inc. (ASX:FND)

Brokerage firms currently have a positive stance on shares of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI). 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. Those same analysts are projecting that the stock will reach $9.50 on a short term basis.

Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) shares typically trade an average volume of 756.50 and institutions hold 68.70% of the total shares.  

MOVING AVERAGES

We see here that the stock is 15.09% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 25.52% from current levels.  Further back, their 200-Day Simple Moving Average is 57.29% difference from today’s price.  Currently, the stock is -0.43% from its 50-Day High and 63.36% from the 50-day low. 

Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI)‘s stock has performed at 108.35%.  Breaking that down further, it has performed 3.01% for the week, 22.90% for the month, 53.07% over the last quarter, 68.43% for the past half-year and 56.18% for this last year. 

Equity Research firms currently have a positive stance on shares of Floor & Decor Holdings, Inc. (ASX:FND). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $42.00 on a short term basis.

Floor & Decor Holdings, Inc. (ASX:FND)’s shares may have a significant upside to the consensus target of 42.00, but how has it been performing relative to the market?  The stock’s price is 36.14 and their relative strength index (RSI) stands at 47.48.  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.  

Floor & Decor Holdings, Inc. (ASX:FND) shares are moving 5.46% trading at $36.14 today.

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