Shares of Sarepta Therapeutics, Inc. (NASDAQ:SRPT) opened at $33.81, and ended 3.38% higher at $34.85. Nearly 0.66 million shares were traded by the close, lower than its average daily volume of 1.9 million shares.
Sarepta Therapeutics, Inc. (SRPT) Analyst Opinion
Sarepta Therapeutics, Inc. has a consensus outperform rating from 15 Wall Street analysts, and the number of shares currently sold short amount to at least 24.19% of shares outstanding. The stock spiked 11.09% last month and is up 27.05 this year. Wall Street is only getting more bullish on the stock, with 14 of analysts who cover SRPT having a buy-equivalent rating. Analysts have placed a $62.47 price target on Sarepta Therapeutics, Inc., suggesting a 79.25% gain from recent close. It’s currently trading about -45.32% below its 52-week high.
Sarepta Therapeutics, Inc. Earnings Surprise
Sarepta Therapeutics, Inc. (SRPT) failed to surprise the stock market in its last reported earnings when it earned -$0.71 a piece versus the consensus-estimated -$0.27. Its revenue totaled $14.25 million up 162.92% from the previous quarter.
Sarepta Therapeutics, Inc. (NASDAQ:SRPT) Intraday View
This stock (SRPT) is ahead of its 52-week low with 82.84%. Its last month’s stock price volatility remained 5.08% which for the week stands at 4.47%. The share price has moved forward from its 20 days moving average, trading at a distance of 5.39% and stays 4.81% away from its 50 days moving average. Over the last five days, shares have managed 0.58% gains and now is down -2.4% since hitting its 200-day moving average of $31.53. Sarepta Therapeutics, Inc. (SRPT) has made its way to a 12-month gain of 72.1%.
Turning to Jagged Peak Energy Inc. (NYSE:JAG), its shares were trading at $13.8 a gain of $0.45, on the trading floor. The stock, after opening at $13.47, touched a high of $13.85 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. Jagged Peak Energy Inc. has 6 buy ratings, 2 holds and 0 sells even after the stock tumbled -8.49% from its high of $15.08 to a $2.85 billion market value through last close.
Jagged Peak Energy Inc. (JAG) Consensus Price Target
The company’s consensus rating on Reuter’s scale slipped from 1.79 to 1.73 during a month. Analysts set a 12-month price target of $0 a share. The target implies a -100% decrease from where the shares are currently trading. Also, the current price highlights a discount of 52.17% to analysts’ high consensus price target.
Jagged Peak Energy Inc. (NYSE:JAG) Intraday Trading
The counter witnessed a trading volume of 0.42 million shares versus an average volume of 0.75 million shares during last trading session. Its last month’s stock price volatility remained 4.52% which for the week approaches 5.5%. The lowest price the stock reached in the last trading day was $13.28 and compares with the $10.96 52-week low. The stock recovered 25.91% since its low point and has performed -3.7% year-to-date.