Stock under Close Observation:: CVS Health Corporation (CVS), Entercom Communications Corp. (ETM)

CVS Health Corporation (CVS) Daily Performance:

CVS Health Corporation (CVS) stock negotiated recent volume of 7916757 shares in recent trading session on Thursday Dated NOVEMBER 08, 2018. The stock average capacity of shares measured at 7575.11K shares. CVS recent stock price value stands at $80.05 with moving a change 1.62%. This stock changed upward from its 52 week low with 33.11% and -4.57% downward from its 52 week high price. It has 1036.45M outstanding shares and 1015.24M shares have been floated in market. The stock institutional ownership counted 87.40% while insider ownership held at 0.26%.

Volatility:

Its price volatility calculated at 2.94% for the last 30 days whereas volatility for 7 days stayed as 3.33%. The stock has beta of 0.97 suggest that this stock is less risky as compared to market beta of 1. The stock’s Average True Range for 14 days was seen at 2.17.

Technical Analysis:

The price moved to 9.16% while comparing it with the average of 20 days and distanced at change of 5.39% from average of 50 days while separated at 14.78% from average of 200 days average. The stock performed with weekly change of 7.58% and it moved for the month at 1.43%. It has a RSI value of 66.04.

Entercom Communications Corp. (ETM) Daily Change:

Entercom Communications Corp. (ETM) stock traded 1777074 shares in recent trading session on Thursday. The stock average volume of shares counted at 1155.84K shares. At the time of writing ETM recent stock price value stands at $7.27. The stock is moving with a change -1.36%. 121.02M shares have been floated in market and 138.21M were outstanding shares. The stock institutional ownership stands with 87.40% while insider ownership held at 4.30%.

Technical Indicators:

The share price is upward to its 52 week low with 20.76% and lagging downward from its 52 week high with -41.49%. Beta factor, which is used to measure risk associated with the stock, is stands at 0.89. The volatility in the shares has experienced by 8.76% in past week and observed of 5.68% in the previous month. Analyst recommendation for this stock stands at 2. Now ETM has RSI reading of 53.69. The price showed a difference of 6.34% while comparing it with the SMA 20 and distanced at gap of -1.04% from SMA 50 while moved at -13.52% from SMA 200.

Performance Observations:

The stock exposed change of -1.36% in recent week and it showed performance of 4.01% for the month. The stock has year to date performance of -32.69% and has been moved at -3.07% over the last six months and -33.30% throughout last twelve months. The stock has changed -5.58% over the last three months.

Larry Spivey Category – Business

Larry Spivey also covers the business news across all market sectors. He also has an enormous knowledge of stock market.  He holds an MBA degree from University of Florida. He has more than 10 years of experience in writing financial and market news. Larry previously worked at a number of companies in different role including web developer, software engineer and product manager. He currently covers Business news section.

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