The shares of Histogenics Corporation (NASDAQ:HSGX) has been pegged with a rating of Buy by H.C. Wainwright in its latest research note that was published on December 19th, 2016. The research company has also assigned a $3.50 price target. H.C. Wainwright wasn’t the only research firm that published a report of Histogenics Corporation, with other equities research analysts also giving their opinion on the stock. Needham advised investors in its research note published on September 19th, 2016, to Buy the HSGX stock while also putting a $8 price target. The stock had earned Buy rating from Needham when it published its report on November 13th, 2015. That day the Needham set price target on the stock to $15. The stock was given Buy rating by Canaccord Genuity in its report released on November 13th, 2015, the day when the price target on the stock was placed at $8. Needham was of a view that HSGX is Buy in its latest report on January 5th, 2015 while giving it a price target of $17. Canaccord Genuity thinks that HSGX is worth Buy rating. This was contained in the firm’s report on January 5th, 2015 in which the stock’s price target was also moved to $16.50.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $5.00. The price of the stock the last time has raised by 67.50% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 34.01.
The shares of the company added by 2.29% during the trading session on Wednesday, reaching a low of $0.13 while ending the day at $0.13. During the trading session, a total of 6.13 million shares were traded which represents a 27.75% incline from the average session volume which is 8.49M shares. HSGX had ended its last session trading at 0.13. Histogenics Corporation currently has a market cap of $11.31M, with a beta of 3.74. HSGX 52-week low price stands at $0.08 while its 52-week high price is $3.35.
Histogenics Corporation has the potential to record -0.43 EPS for the current fiscal year, according to equities analysts.
Investment analysts at KeyBanc Capital Mkts published a research note on January 8th, 2019 where it informed investors and clients that Range Resources Corporation (NYSE:RRC) is now rated as Sector Weight. Needham also rated RRC as Reiterated on September 19th, 2016, with its price target of $8 suggesting that RRC could surge by 40.59% from its current share price. Even though the stock has been trading at $10.41/share, analysts expect it to surge higher by -0.19% to reach $17.49/share. It started the day trading at $10.67 and traded between $10.37 and $10.39 throughout the trading session.
A look at its technical shows that RRC’s 50-day SMA is 11.32 while its 200-day SMA stands at 14.91. The company’s average trading volume currently stands at 8.25M shares, which means that the short-interest ratio is just 5.56 days. Over the past seven days, the company moved, with its shift of 2.47%. Looking further, the stock has dropped -41.30% over the past 90 days while it lost -31.87% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. SailingStone Capital Partners LLC bought more RRC shares, increasing its portfolio by +0.06% during the last quarter. This move now sees SailingStone Capital Partners LLC purchasing 25,579 shares in the last quarter, thus it now holds 41,647,163 shares of RRC, with a total valuation of $459,368,208. The Vanguard Group Inc meanwhile sold more RRC shares in the recently filed quarter, changing its stake to $237,717,633 worth of shares. BlackRock Fund Advisors followed the path by increasing its RRC portfolio by +4.64% in the quarter. This means that BlackRock Fund Advisors bought 772,388 shares in the last quarter and now controls 17,430,928 shares of the RRC stock, with the valuation hitting $192,263,136.
The firm bought 195,811 shares during the quarter which increased its stakes to 9,193,291 shares and is now valued at $101,402,000. Following these latest developments, around 0.10% of Range Resources Corporation stocks are owned by institutional investors and hedge funds.