Brokerage Expectations in Focus for SORL Auto Parts, Inc. (NASDAQ:SORL) and Barracuda …

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Stock research firms currently have a positive stance on shares of SORL Auto Parts, Inc. (NASDAQ:SORL). Analysts are projecting that the stock will reach $8.00 on a short term (1 year) basis.

The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. 

SORL Auto Parts, Inc. (NASDAQ:SORL) shares typically trade an average volume of 1114.79 and institutions hold 6.90% of the total shares.  

MOVING AVERAGES

We see here that the stock is -2.44% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -5.24% from current levels.  Further back, their 200-Day Simple Moving Average is 46.67% difference from today’s price.  Currently, the stock is -24.24% from its 50-Day High and 15.59% from the 50-day low. 

SORL Auto Parts, Inc. (NASDAQ:SORL)‘s stock has performed at 129.28%.  Breaking that down further, it has performed 4.81% for the week, -11.32% for the month, 53.52% over the last quarter, 150.72% for the past half-year and 280.87% for this last year. 

Brokerage firms currently have a positive stance on shares of Barracuda Networks, Inc. (NYSE:CUDA). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. Those same analysts are projecting that the stock will reach $28.27 on a short term basis.

Barracuda Networks, Inc. (NYSE:CUDA)’s shares may have a significant upside to the consensus target of 28.27, but how has it been performing relative to the market?  The stock’s price is 23.63 and their relative strength index (RSI) stands at 57.78.  RSI is a technical oscillator that shows price strength by comparing upward and downward movements.  It indicates oversold and overbought price levels for a stock.  

Barracuda Networks, Inc. (NYSE:CUDA) shares are moving 8.34% trading at $23.63 today.

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