The stocks of Misonix, Inc. (NASDAQ:MSON) has been Initiated to Buy by BTIG Research in its latest research note that was published on June 12. MSON was given a price target of $29, with other Wall Street analysts also giving their reports regarding the stock.
Misonix,’s stock is covered by 3 analysts, with 3 of them rating the stock as Buy. It has been deemed to have strong buy by none of the analysts, none of them have rated it as a Hold while none of them rated it as sell. Meanwhile, none analyst(s) rated it as a sell. The above data shows that MSON has an average analyst rating of Buy.
MSON surged by $2.26 during the normal trading session on Monday and reaching a high of $19.17 during the day while it closed the day at $19.03. The Misonix, stock had a low trading volume of 0.14 million shares on that day, which is low compared to the average daily volume of 42.92M shares. MSON has also gained 0.74% of its value over the past 7 days. However, the stock has declined by 6.49% in the 3 months of the year. Over the past six months meanwhile, it has lost 9.60% while it has added 18.86% year-on date.
Shares in KNOT Offshore Partners LP (NYSE:KNOP) fell by -0.32 percent on Monday. The company’s stock began trading at $18.7 below the previous closing price of $18.76, and finished the day at $18.63. Let us now take a look at the stock’s potential support and resistance levels. The publicly traded company was seen to have slipped by -7.17% from its 3 months high price. However, taking another look at KNOP will indicate that it is trading +2.13% away from its 90-day low. Looking at the bigger picture, the KNOT Offshore Partners LP stock has dropped by -9.96% from its 52-week high while it has surged by +8.44% from its 52-week low price.
Let us now take a quick look at the stock’s short, medium and long-term indicators. Composite Indicator shows that KNOP stock was rated as a Sell by TrendSpotter. Its short-term indicators reveal that KNOT has a 20-day average volume of 76135 shares. This has led to the KNOP price forecast being placed as a 50%Buy on an average basis. In the medium term, however, the KNOP stock has its 50-Day average volume of 70124 shares, with the indicators also rating it as a Hold. Finally, in the long-term, the KNOP stocks have a 100-Day average volume of 77736 shares, with the long-term indicators rating the stock as just 50%Sell.
KNOT has around 42 Million cash on their books at the moment. This figure will have to be compared and looked into, with their current liabilities standing at $103 Million. The KNOT stock is bringing in revenue of over 12 months, which is roughly 283 Million. Despite all that, KNOT Offshore Partners LP is seeing things declining very much as their y-o-y quarterly revenue dropped by -0.30%.
Looking at the stock’s Technical analysis information over the past 50 days shows that its Raw Stochastic average stood at 7.69%. This figure is worse than the company’s 20-day Raw Stochastic average which currently stands at 7.69%. Over the past 20 days, KNOT’s Stochastic %K stood at 11.97% while its Stochastic %D was revealed to be 11.64%.