Stocks Favored By Analysts: Northern Dynasty Minerals Ltd. (:NAK) & Cerus Corporation (NASDAQ:CERS)

Sell-side analysts are offering a consensus “Buy” rating on shares of Northern Dynasty Minerals Ltd. (:NAK).  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 $1.99 which, according to analysts, yield significant upside potential to the $5.94 consensus target price.

Performance
At the time of writing, the stock was trading at $1.99. This represents a change from most recent open price of 2.58%. In terms of performance, year to date, the stock is -9.18%. The monthly stock performance comes in at 4.44%. For the quarter, shares are performing at 30.56%. Weekly performance analysis shows the equity at 9.30%.

Technicals
In taking a look at technical levels, shares are trading 17.74% away from the 50 day simple moving average and 13.22% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -42.32% away from it’s 52- week high and 268.52% 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, Northern Dynasty Minerals Ltd.’s RSI stands at 64.00. In looking at volatility levels, the shares saw weekly volatility of 7.41% and 5.73% over the past month.

Cerus Corporation (NASDAQ:CERS) shares have been labeled a top pick by Beta Research as it meets the A+ criteria outlined by the firm.  The stock boasts a consensus analyst “Buy” rating with the consensus recommendation standing at 1.30.  This is according to all covering research brokerage firms taken into consideration by First Call.  The consensus price target of $6.33 also implies significant upside from the current price of $3.07.   

Cerus Corporation (NASDAQ:CERS) shares typically trade an average volume of 896.52 and institutions hold 61.30% of the total shares.  

MOVING AVERAGES

We see here that the stock is 12.15% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 18.60% from current levels.  Further back, their 200-Day Simple Moving Average is -7.06% difference from today’s price.  Currently, the stock is -4.86% from its 50-Day High and 43.53% from the 50-day low. 

Cerus Corporation (NASDAQ:CERS)‘s stock has performed at -33.10%.  Breaking that down further, it has performed 0.00% for the week, 8.18% for the month, 28.19% over the last quarter, -30.22% for the past half-year and -52.30% for this last year. 

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