Analyst Daily

Market Tracker: 200-Day MA Watch Safeguard Scientifics, Inc. (NYSE:SFE)

After a recent check-in on shares of Safeguard Scientifics, Inc. (NYSE:SFE), we have noted that the stock has recently crossed above its 200-day moving average. Traders and investors may be closely watching current stock levels in relation to popular moving averages such as the 200-day MA. The stock recently reached the 13.00 mark, and was seen trading 6.68% away from the 200-day moving average at the time of writing. Investors may also be tracking various other moving average time-frames. At present levels, the stock has been spotted trading 6.92% away from the 50-day moving average. Zooming in closer, we can see that the share price has been trading 5.80% away from the 20-day moving average. Stock price crosses of key moving averages may be used to help identify certain entry or exit points, and possible shifts in the current trend.

Taking a look at recent trading session data, Safeguard Scientifics, Inc. (NYSE:SFE) shares have moved -0.38% from the start of the period. Further, company shares have been recently trading -7.80% away from the 52 week high and 22.64% away from the 52 week low. Zooming in closer, the stock has been recently recorded at -1.14% away from the 50 day high and 14.54% off of the 50 day low. The average volume is currently around 47.38. Investors may be watching shares for trading volume that is out of the ordinary. A large increase or decrease in trading volume may indicate that other factors are in play. Investors will typically take into consideration how long the unusual volume is sustained.

Sell-side analysts that regularly cover the stock have offered price targets and recommendations on Safeguard Scientifics, Inc. (NYSE:SFE). Investors often keep close tabs on how these Street analysts are viewing company shares. Currently, the consensus target price for the company is $19.75. The consensus recommendation provided by covering analysts is presently 1.50. This number lands on a scale from 1 to 5. Following this scale, a rating of a 1 or a 2 would indicate a consensus Buy recommendation. A rating of 4 or 5 would represent a consensus Sell recommendation. A rating of 3 would indicate a Hold recommendation.

With the recent stock price activity, investors may be trying to gauge which way the stock is going to trend heading into the second half of the year. Taking a look back at some stock price performance numbers for Safeguard Scientifics, Inc. (NYSE:SFE), we have noted that performance for the previous week is 3.17%. If we head back to the start of the calendar year, the stock has performed -3.35%. Looking back over the past 52-weeks, shares have performed -1.22%. Over the last month, company shares are 9.70%. For the last quarter, the stock has performed 16.07%. Checking in quickly on recent volatility numbers, we can see that shares have been recorded at 2.28% for the week, and 2.31% for the last month.