A look at its monthly performance shows that Huazhu Group Limited (NASDAQ:HTHT) has recorded a 17.06% gain over the past 30 days. Over the past 12 months the stock has embarked on a drop that has seen it decline -10.01% and is now up by 17.46% since start of this year. The equity price rose 6.26% this week, a trend that has led to both investors and traders taking note of the stock. Its equity price climbed by 33.24% over the past three months which led to its overall six-month decrease to stand at -13.28%.
The shares of Huazhu Group Limited (HTHT) dropped by -32.2% or -$15.97 from its last recorded high of $49.6 which it attained on June 18 to close at $33.63 per share. Over the past 52 weeks, the shares of Huazhu Group Limited has been trading as low as $24.9 before witnessing a massive surge by 35.06% or $8.73. This price movement has led to the HTHT stock receiving more attention and has become one to watch out for. It jumped by 5.92% on Sunday and this got the market excited. The stock’s beta now stands at 1.56 and when compared to its 200-day moving average and its 50-day moving average, HTHT price stands -2.18% below and 10.84% above respectively. Its average daily volatility for this week is 6.25% which is more than the 5.45% recorded over the past month.
Experts from research firms are bullish about the near-term performance of Huazhu Group Limited with most of them predicting a $39.17 price target on a short-term (12 months) basis. The average price target by the analysts will see a 16.47% rise in the stock and would lead to HTHT’s market cap to surge to $11.17B. The stock has been rated an average 1.8, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 15 analysts that track Huazhu Group Limited (NASDAQ:HTHT) and find out that 2 of them rated it as a Hold. 13 of the 13 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.
A look at HTHT technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 57.85 point. Its trading volume has added 91653 shares compared to readings over the past three months as it recently exchanged 1441653 shares. This means there is improved activity from short-term traders as per session, its average trading volume is 1350000 shares, and this is 1.07 times the normal volume.
Analysts have predicted a price target for Olin Corporation (OLN) for 1 year and it stands at an average $27.06/share. This means that it would likely increase by 11.82% from its current position. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $20. On the other hand, one analyst is super bullish about the price, setting a target as high as $35.
The OLN stock Stochastic Oscillator (%D) is at 79.63%, which means that it is currently neutral. The shares P/S ratio stands at 0.58 which compares to the 175.53 recorded by the industry or the 65.48 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 11.4, which is lower than the 12.53 multiple of 12-month price-earnings (P/E). The company’s earnings have gone down, with a quarterly decrease rate of -18.5% over the past five years.
Analysts view Olin Corporation (NYSE:OLN) as a Hold, with 2.2 consensus rating. Reuters surveyed 14 analysts that follow OLN and found that 6 of those analysts rated the stock as a Hold. The remaining 8 were divided, with 8 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Olin Corporation (OLN) shares or sell it if they already own it.