Analyst Recommendations on These Stocks: PhotoMedex, Inc. (NASDAQ:PHMD), CareDx, Inc (NASDAQ:CDNA)

Equity Research firms currently have a positive stance on shares of PhotoMedex, Inc. (NASDAQ:PHMD). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $2.67 on a short term basis.

Performance
At the time of writing, the stock was trading at $1.09. This represents a change from most recent open price of 3.81%. In terms of performance, year to date, the stock is -50.45%. The monthly stock performance comes in at 3.81%. For the quarter, shares are performing at -9.16%. Weekly performance analysis shows the equity at 4.81%.

Technicals
In taking a look at technical levels, shares are trading 12.71% away from the 50 day simple moving average and -33.69% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -80.54% away from it’s 52- week high and 53.52% 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, PhotoMedex, Inc.’s RSI stands at 58.63. In looking at volatility levels, the shares saw weekly volatility of 7.10% and 5.49% over the past month.

Sell-side analysts are offering a consensus “Buy” rating on shares of CareDx, Inc (NASDAQ:CDNA).  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 $2.97 which, according to analysts, yield significant upside potential to the $3.50 consensus target price.

CareDx, Inc (NASDAQ:CDNA) shares typically trade an average volume of 447.93 and institutions hold 42.90% of the total shares.  

MOVING AVERAGES

We see here that the stock is 12.71% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 57.95% from current levels.  Further back, their 200-Day Simple Moving Average is 60.47% difference from today’s price.  Currently, the stock is -17.50% from its 50-Day High and 182.86% from the 50-day low. 

CareDx, Inc (NASDAQ:CDNA)‘s stock has performed at 10.00%.  Breaking that down further, it has performed -0.34% for the week, 62.30% for the month, 170.00% over the last quarter, 91.61% for the past half-year and -30.28% for this last year. 

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