DGX Analysis of Analyst Stock Price Update
A glance over shares of Quest Diagnostics Incorporated (DGX) price that shifted 0.54% away from 20-Days Simple Moving Average, -5.70% from 50-Days Simple Moving Average and separated -7.03% from 200 Days Simple Moving Average. Quest Diagnostics Incorporated (DGX) declared gain 2.17% in latest trading session with settlement price of $ 97.55. The stock’s changed hands 1.65 million shares in session while it possesses an average volume of 1.05 million shares. The stock of DGX switched 8.02% away from its 52 week minimum and distanced -16.26% from its 52 week peak. The Company kept a record of 135.63 million was near 136.39 million shares outstanding.
DGX Volatility and Short Ratio
Last week volatility change was observed by 1.90% and the stock help 2.15% change in the last month. DGX has a beta of 0.91. The Firm witnessed the short ratio at 2.74 and the short float is around of 2.12%.
DGX Important Technical Indicators:
The average true range of the stock was last seen at 2.15 while the relative strength index of the stock was logged at 47.65. Average True Range (ATR) is an indicator based on trading ranges smoothed by an N-period exponential moving average percentage of the true range values. ATR can display volatility of stocks, ETFs and indexes. The principal of ATR is very similar to other volatility indicators: A high ATR value signals a possible trend change. A low ATR value correlates with a weaker trend movement.
DGX Consensus Recommendation:
Experts experienced mean rating at 2.20 following consensus analysis. (Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). The analysts’ recommendations are not the only factor to be kept in mind while taking investment decision (whether to buy, hold, or sell a stock) that Investors should not rely only there are many side factors which have deep impact on stock’s performance such as financial reports filed with SEC, company’s portfolio and approach towards market systematic and unsystematic risk factors.
DGX Stock Past Historical Trends
If we checked the overall image of stock during recent quarter then we found that stock performance is trading down -10.01%. This check is giving bearish indication for investors. Investors expect the good YTD performance from the stock. From the start of year 2018 to present date DGX reported slumped performance of -0.95%. Investors saw a positive move of 3.66% in last five trading days. This performance is snap optimistic view of last week. The stock is remained in positive radar as stock is rising.
Going move backward a period of six month analysis we come to know that stock dipped -4.07% giving falling alert for Investors. Now we take an assessment of last twelve months period, where stock moved higher with performance of 5.28%.
Common shareholders want to know how profitable their capital is in the businesses they invest it in. The company gives a ROE of 16.80%. The higher the ROE, the better the company is at generating profits.
ROI is 9.30%. A positive result means that returns exceed costs. Analysts therefore consider the investment a net gain. The opposite kind of result, a negative means that costs outweigh returns. Analysts therefore view the investment as a net loss.
Return on Assets (ROA) ratio indicates how profitable a company is relative to its total assets. The ROA is 8.00%. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return.