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Which stock will give more? Varex Imaging Corporation (NASDAQ:VREX), Concho Resources Inc. (NYSE:CXO)

Varex Imaging Corporation (NASDAQ:VREX)

Varex Imaging Corporation (NASDAQ:VREX), ended its previous trading session at $32.7 showing a loss of -0.449999999999996 or -1.36 percent with respect to the price of $33.15 when stock market opened. The company traded 109276 shares over the course of the trading day. Giving the average volume of 286.21 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 37.97 Million.

Varex Imaging Corporation (NASDAQ:VREX) is currently trading lower than its price target which is set to $33.5 by the analyst. The stock is -16.98% Below its 1-Year High which is $39.39. VREX has a difference of 51.6% from its 1 year low which stands at $21.57. The company is currently rated by analyst who are keeping a close eye on the stock as 2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Varex Imaging Corporation (NASDAQ:VREX) Performance Snapshot

The stock performed exceptionally good in the previous week which depicts an increase of 1.58 percent in the shares price. The company added about 4.07% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is -15.85 Percent. VREX currently shows 38.09% as its year to date performance.

Varex Imaging Corporation (NASDAQ:VREX) Price Insight

The stock needs to grow about $0.799999999999997 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 1.44%, 11.64% and 8.24 percent respectively. The stock trades about 3.31 percent of its Float giving its total shares Outstanding are 37.97 Million. VREX gained about 8.06 percent in 6 months showing its Average True Range of 0.81. The company currently has a RSI and Beta of 61.8 and 0.

While talking about Varex Imaging Corporation (NASDAQ:VREX) valuation ratios, the stock trades with a P/S and P/B of 1.59 and 2.91 which is significantly better and attractive as compared to its peers.

Concho Resources Inc. (NYSE:CXO)

Concho Resources Inc. (NYSE:CXO), closed the last trading session at $103.72 with increase of $1.62 or 1.59 percent against the opening price of $102.1. The trading day volume of the company stands at 1.27 Million shares while the average trading volume of Concho Resources Inc. (NYSE:CXO) is 2.08 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 204.98 Million.

The price target of Concho Resources Inc. (NYSE:CXO) is currently set at 158.08 by the analysts. The stock is $-36.41 Below its 1-Year High which is $163.11. CXO hit its 1-Year low price of $93.31. The company is currently rated by analyst who are keeping a close eye on the stock as 1.7. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Concho Resources Inc. (NYSE:CXO)

The value of the stock increased by 1.22% during the previous week performance. Looking at the 1 month performance of Concho Resources Inc. (NYSE:CXO), the stock dipped -10.97%. While the 1 year performance shows a negative percentage of -31.08 and year to date performance stands at 0.9%.

Concho Resources Inc. (NYSE:CXO) Analytical Review

The stock needs to grow about $54.36 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -5.14%, -9.16% and -20.61 percent respectively. The stock trades about 3.85 percent of its Float giving its total shares Outstanding are 204.98 Million. CXO gained about -24.04 percent in 6 months showing its Average True Range of 3.62. The company currently has a RSI and Beta of 39.39 and 1.14.

While talking about Concho Resources Inc. (NYSE:CXO) valuation ratios, the stock trades with a P/S and P/B of 5.12 and 1.1 which is significantly better and attractive as compared to its peers.