With 11.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 12.11 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 $8.07. Beta for the stock currently stands at 1.16.
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 up-trending over the past week, with a rise of 3.76%, but this was up by 10.05% over a month. Three-month performance surged to 7.98% while six-month performance rose 23.21%. The stock gained 25.45% in the past year, while it has gained 37.45% so far this year. A look at the trailing 12-month EPS for EQX yields 0.50 with Next year EPS estimates of 1.44. For the next quarter, that number is 0.19. This implies an EPS growth rate of 260.37% for this year and 66.73% for next year.
Float and Shares Shorts:
At present, 456.08 million EQX shares are outstanding with a float of 394.63 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.
