Brokerage Firm Analyst Consensus on Impinj, Inc. (NASDAQ:PI) and Egalet Corporation (NASDAQ:EGLT)

Brokerage firms currently have a positive stance on shares of Impinj, Inc. (NASDAQ:PI). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. Those same analysts are projecting that the stock will reach $48.00 on a short term basis.

Performance
At the time of writing, the stock was trading at $40.81. This represents a change from most recent open price of 7.82%. In terms of performance, year to date, the stock is 15.48%. The monthly stock performance comes in at 26.98%. For the quarter, shares are performing at -26.75%. Weekly performance analysis shows the equity at 10.36%.

Technicals
In taking a look at technical levels, shares are trading -3.54% away from the 50 day simple moving average and 7.67% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -32.93% away from it’s 52- week high and 73.29% 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, Impinj, Inc.’s RSI stands at 56.67. In looking at volatility levels, the shares saw weekly volatility of 6.49% and 5.87% over the past month.

Equity Research firms currently have a positive stance on shares of Egalet Corporation (NASDAQ:EGLT). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.80. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $6.00 on a short term basis.

Egalet Corporation (NASDAQ:EGLT) shares typically trade an average volume of 613.97 and institutions hold 45.00% of the total shares.  

MOVING AVERAGES

We see here that the stock is 25.31% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 20.07% from current levels.  Further back, their 200-Day Simple Moving Average is -60.24% difference from today’s price.  Currently, the stock is -6.67% from its 50-Day High and 52.48% from the 50-day low. 

Egalet Corporation (NASDAQ:EGLT)‘s stock has performed at -79.87%.  Breaking that down further, it has performed 10.00% for the week, 40.00% for the month, -44.40% over the last quarter, -67.51% for the past half-year and -79.19% for this last year. 

Leave a Comment