Eldorado Gold Corp (NYSE:EGO) opened at $1.16 on Tuesday. Advisor Group Inc. now owns 67,710 shares of the basic materials company's stock valued at $175,000 after acquiring an additional 1,882 shares during the last quarter. The stock has a beta value of 1.01. RSI oscillates between zero and 100.
Now we move forward to see the historical returns of Eldorado Gold Corporation which is Canada based stock. The mean target projections are based on 13 opinions.
Basically, a price target is an individual analyst's projection on the future price of a stock. Since analyst price targets calculations are subjective, there often can be wide range of targets from various analysts.
Analysts are expecting average earnings estimates of $0.01 for the current quarter based on the opinion of 10 analysts, relating to high earnings per share estimates of $0.02 and low estimates of $-0.02, however Eldorado Gold Corp (NYSE:EGO) reported $0.01 earnings per share for the same quarter previous year.
Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. Earnings per share serves as an indicator of a company's profitability. These guidelines do not hold true in all situations, but they are a good general aid in trading decisions. Hedge funds and other institutional investors own 53.09% of the company's stock.
The company's quick ratio for most recent quarter is 6.20.
Maximum and minimum EPS estimate for the current quarter is projected at $0.04 and $-0.01, respectively, according to 7 analysts. Hexavest Inc. lifted its position in shares of Eldorado Gold by 3.0% during the 4th quarter. According to the Analysts, the Low Earnings estimate for the current quarter is $-0.01, while the High earnings estimate is $0.04.Comparatively, EPS for the same quarter past year was $0.06. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income. The institutional investor held 1.55 million shares of the precious metals company at the end of 2017Q3, valued at $3.40M, up from 650,000 at the end of the previous reported quarter. Among active positions in the latest quarter, 73 holders increased their positions by a total of 57.93 million shares, 78 holders decreased the positions by a total of 64.46 million shares, and 35 holders held their positions. It may be used by market technicians to enter and exit trades, and it is a useful tool to add to a trading system. The objective of using RSI is to help the trader identify over sold and overbought price areas. Look at the direction of the moving average to get a basic idea of which way the price is moving. The median estimate represents a +40.35% increase from the last price of 1.14.
Johnson & Johnson has distance from 20-day Simple Moving Average (SMA20) of -8.21%, Distance from 50-Day Simple Moving Average of SMA50 percent and Distance from 200-Day Simple Moving Average of -4.04%.
Volatility is a statistical measure of the dispersion of returns for a given security or market index.
The Stock has Weekly volatility of 5.79% and monthly volatility of 4.97%.
Other equities research analysts have also recently issued reports about the stock.
Eldorado Gold Corp (NYSE:EGO) 52-week high price stands at $3.89 and low price stands at $1.10, its price distance from 52-week high is -70.69% while its distance from 52-week low price is 3.64%. Likewise, when prices dropped rapidly and therefore momentum was low enough, the financial instrument would at some point be considered oversold presenting a possible buying opportunity. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The rating was upgraded by BMO Capital Markets to "Market Perform" on Friday, August 14. The stock is now showing downward return of -5.69% throughout last week and witnessed decreasing return of -8.66% in one month period.