What is the upside potential for Bellerophon Therapeutics, Inc. (NASDAQ:BLPH) and Aeglea Biotherapeutics, Inc. (NASDAQ:AGLE)?

Sell-side analysts are offering a consensus “Buy” rating on shares of Bellerophon Therapeutics, Inc. (NASDAQ:BLPH).  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 1.50.  Based on a recent trade, the shares are hovering around $1.33 which, according to analysts, yield significant upside potential to the $4.75 consensus target price.

Bellerophon Therapeutics, Inc. (NASDAQ:BLPH)’s shares may have a significant upside to the consensus target of 4.75, but how has it been performing relative to the market?  The stock’s price is 1.33 and their relative strength index (RSI) stands at 50.33.  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.  

Bellerophon Therapeutics, Inc. (NASDAQ:BLPH) shares are moving 3.91% trading at $1.33 today.

Aeglea Biotherapeutics, Inc. (NASDAQ:AGLE) 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 1.80.  This is according to all covering research brokerage firms taken into consideration by First Call.  The consensus price target of $18.75 also implies significant upside from the current price of $3.83.   

Performance
At the time of writing, the stock was trading at $3.83. This represents a change from most recent open price of 4.08%. In terms of performance, year to date, the stock is -15.17%. The monthly stock performance comes in at -39.90%. For the quarter, shares are performing at -54.05%. Weekly performance analysis shows the equity at 7.58%.

Technicals
In taking a look at technical levels, shares are trading -32.86% away from the 50 day simple moving average and -34.94% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -62.96% away from it’s 52- week high and 16.77% 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, Aeglea Biotherapeutics, Inc.’s RSI stands at 33.90. In looking at volatility levels, the shares saw weekly volatility of 9.03% and 10.02% over the past month.

Leave a Comment