Equity Research firms currently have a positive stance on shares of Catasys, Inc. (OTCMKTS:CATS). 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. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $6.15 on a short term basis.
Catasys, Inc. (OTCMKTS:CATS) shares typically trade an average volume of 52.79 and institutions hold 6.60% of the total shares.
We see here that the stock is 17.78% away from the 20-Day Simple Moving Average. Their 50-Day Simple Moving Average is a difference of 17.89% from current levels. Further back, their 200-Day Simple Moving Average is -9.56% difference from today’s price. Currently, the stock is 0.72% from its 50-Day High and 31.21% from the 50-day low.
Catasys, Inc. (OTCMKTS:CATS)‘s stock has performed at 15.47%. Breaking that down further, it has performed 15.47% for the week, 16.71% for the month, 4.34% over the last quarter, 1.17% for the past half-year and -24.83% for this last year.
Sell-side analysts are offering a consensus “Buy” rating on shares of MagneGas Corporation (NASDAQ:MNGA). 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 2.00. Based on a recent trade, the shares are hovering around $0.33 which, according to analysts, yield significant upside potential to the $3.00 consensus target price.
MagneGas Corporation (NASDAQ:MNGA)’s shares may have a significant upside to the consensus target of 3.00, but how has it been performing relative to the market? The stock’s price is 0.33 and their relative strength index (RSI) stands at 48.05. 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.
MagneGas Corporation (NASDAQ:MNGA) shares are moving 6.28% trading at $0.33 today.