With 15.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.88 million shares. The 52-week range on EQX shows that it touched its highest point at $7.45 and its lowest point at $4.48 during that stretch. It currently has a 1-year price target of $8.26. Beta for the stock currently stands at 1.20.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EQX was down-trending over the past week, with a drop of -2.25%, but this was down by -0.61% over a month. Three-month performance dropped to -0.76% while six-month performance rose 12.41%. The stock gained 20.30% in the past year, while it has gained 29.88% so far this year. A look at the trailing 12-month EPS for EQX yields 0.53 with Next year EPS estimates of 1.41. For the next quarter, that number is 0.11. This implies an EPS growth rate of 342.60% for this year and 32.31% for next year.
Float and Shares Shorts:
At present, 455.23 million EQX shares are outstanding with a float of 385.70 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EQX since 15 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 8 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.50832 being high and $0.16446 being low. For EQX, this leads to a yearly average estimate of $0.26911.
