Stocks Favored By Analysts: Tenax Therapeutics, Inc. (NASDAQ:TENX) & RAIT Financial Trust (NYSE:RAS)

Equity Research firms currently have a positive stance on shares of Tenax Therapeutics, Inc. (NASDAQ:TENX). 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. Those same analysts are projecting that the stock will reach $5.25 on a short term basis.

Performance
At the time of writing, the stock was trading at $0.39. This represents a change from most recent open price of 2.79%. In terms of performance, year to date, the stock is -79.97%. The monthly stock performance comes in at -41.68%. For the quarter, shares are performing at -26.30%. Weekly performance analysis shows the equity at -43.06%.

Technicals
In taking a look at technical levels, shares are trading -34.43% away from the 50 day simple moving average and -62.87% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -85.26% away from it’s 52- week high and 13.41% 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, Tenax Therapeutics, Inc.’s RSI stands at 27.17. In looking at volatility levels, the shares saw weekly volatility of 16.77% and 10.27% over the past month.

Sell-side analysts are offering a consensus “Buy” rating on shares of RAIT Financial Trust (NYSE:RAS).  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 2.30.  Based on a recent trade, the shares are hovering around $1.68 which, according to analysts, yield significant upside potential to the $2.88 consensus target price.

RAIT Financial Trust (NYSE:RAS) shares typically trade an average volume of 762.05 and institutions hold 61.70% of the total shares.  

MOVING AVERAGES

We see here that the stock is -17.08% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -21.75% from current levels.  Further back, their 200-Day Simple Moving Average is -42.10% difference from today’s price.  Currently, the stock is -30.58% from its 50-Day High and 7.69% from the 50-day low. 

RAIT Financial Trust (NYSE:RAS)‘s stock has performed at -50.00%.  Breaking that down further, it has performed -18.45% for the week, -18.84% for the month, -37.78% over the last quarter, -53.97% for the past half-year and -47.83% for this last year. 

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