With 11.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.56 million shares. The 52-week range on EQX shows that it touched its highest point at $7.22 and its lowest point at $4.00 during that stretch. It currently has a 1-year price target of $7.36. Beta for the stock currently stands at 1.31.
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 -4.71%, but this was up by 4.52% over a month. Three-month performance surged to 18.68% while six-month performance rose 16.13%. The stock gained 63.22% in the past year, while it has gained 29.08% so far this year. A look at the trailing 12-month EPS for EQX yields 0.68 with Next year EPS estimates of 1.34. For the next quarter, that number is 0.16. This implies an EPS growth rate of 313.01% for this year and 35.24% for next year.
Float and Shares Shorts:
At present, 455.23 million EQX shares are outstanding with a float of 385.17 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. Based on analyst estimates, the high estimate for the next quarter is $0.17 and the low estimate is $0.17. The average estimate for the next quarter is thus $0.17.
Summary of Insider Activity:
Insiders traded EQX stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
