A Critical Moment For Exact Sciences Corporation (EXAS), Microsoft Corporation (MSFT)

A look at its monthly performance shows that Exact Sciences Corporation (NASDAQ:EXAS) has recorded a 9.15% gain over the past 30 days. Over the past 12 months the stock has embarked on a rally that has seen it rise 14.29% and is now up by 28.05% since start of this year. The equity price sank -1.42% this week, a trend that has led to both investors and traders taking note of the stock. Its equity price climbed by 34.43% over the past three months which led to its overall six-month increase to stand at 26.97%.

Experts from research firms are bullish about the near-term performance of Exact Sciences Corporation with most of them predicting a $88 price target on a short-term (12 months) basis. The average price target by the analysts will see a 30.8% rise in the stock and would lead to EXAS’s market cap to surge to $10.82B. The stock has been rated an average 1.7, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 13 analysts that track Exact Sciences Corporation (NASDAQ:EXAS) and find out that 3 of them rated it as a Hold. 10 of the 10 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 EXAS technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 44.42 point. Its trading volume has lost -637805 shares compared to readings over the past three months as it recently exchanged 1482195 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 2120000 shares, and this is 0.7 times the normal volume.

The price of Microsoft Corporation (NASDAQ:MSFT) currently stands at $104.62 after it went down by $-3.67 or -3.39% and has found a strong support at $102.59 a share. If the MSFT price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $100.57 mark would also be bad for the stock as it means that the stock would plunge by 3.87% from its current position. However, if the stock price is able to trade above the resistance point around $107.6, then it could likely surge higher to try and break the upward resistance which stands at $110.59 a share. Its average daily volatility over the past one month stands at 3.2%. The stock has plunged by 1.02% from its 52-weeks high of $103.55 which it reached on Oct. 03, 2018. In general, it is 22.86% above its 52-weeks lowest point which stands at $80.7 and this setback was observed on Dec. 04, 2017.

Analysts have predicted a price target for Microsoft Corporation (MSFT) for 1 year and it stands at an average $126.28/share. This means that it would likely increase by 20.7% from its current position. The current price of the stock has been moving between $103.55 and $108.56. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $75. On the other hand, one analyst is super bullish about the price, setting a target as high as $160.

The MSFT stock Stochastic Oscillator (%D) is at 30.97%, which means that it is currently neutral. The shares P/S ratio stands at 6.99 which compares to the 5.56 recorded by the industry or the 2.67 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 20.78, which is lower than the 24.96 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 8.5% over the past five years.

Analysts view Microsoft Corporation (NASDAQ:MSFT) as a Buy, with 1.7 consensus rating. Reuters surveyed 34 analysts that follow MSFT and found that 1 of those analysts rated the stock as a Hold. The remaining 33 were divided, with 32 analyst rating it as a Buy or a Strong Buy while 1 analysts advised investors to desist from buying Microsoft Corporation (MSFT) shares or sell it if they already own it.

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