Finance

Which Stock will give you a Nice Return? Southern Copper Corporation (NYSE:SCCO), Globus Medical, Inc. (NYSE:GMED)

Southern Copper Corporation (NYSE:SCCO)

Southern Copper Corporation (NYSE:SCCO), ended its previous trading session at $39.46 showing a loss of -0.0499999999999972 or -0.13 percent with respect to the price of $39.51 when stock market opened. The company traded 555036 shares over the course of the trading day. Giving the average volume of 716.94 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 792.07 Million.

Southern Copper Corporation (NYSE:SCCO) is currently trading Higher than its price target which is set to $39.28 by the analyst. The stock is -11.96% Below its 1-Year High which is $44.82. SCCO has a difference of 34.26% from its 1 year low which stands at $29.39. The company is currently rated by analyst who are keeping a close eye on the stock as 2.4. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Southern Copper Corporation (NYSE:SCCO) Performance Snapshot

The stock performed exceptionally bad in the previous week which depicts an decrease of -0.33 percent in the shares price. The company subtracted about -10.91% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is 28.87 Percent. SCCO currently shows -7.11% as its year to date performance.

Southern Copper Corporation (NYSE:SCCO) Price Insight

The stock needs to grow about $-0.18 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -1.54%, -3.48% and 7.58 percent respectively. The stock trades about 5.26 percent of its Float giving its total shares Outstanding are 792.07 Million. SCCO gained about 28.87 percent in 6 months showing its Average True Range of 1.02. The company currently has a RSI and Beta of 46.08 and 0.97.

While talking about Southern Copper Corporation (NYSE:SCCO) valuation ratios, the stock trades with a P/S and P/B of 4.39 and 4.47 which is significantly better and attractive as compared to its peers.

Globus Medical, Inc. (NYSE:GMED)

Globus Medical, Inc. (NYSE:GMED), closed the last trading session at $56.5 with increase of $0.909999999999997 or 1.64 percent against the opening price of $55.59. The trading day volume of the company stands at 690791 shares while the average trading volume of Globus Medical, Inc. (NYSE:GMED) is 504.08 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 101.01 Million.

The price target of Globus Medical, Inc. (NYSE:GMED) is currently set at 62.83 by the analysts. The stock is $-6.07 Below its 1-Year High which is $60.15. GMED hit its 1-Year low price of $38.37. The company is currently rated by analyst who are keeping a close eye on the stock as 2.3. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Globus Medical, Inc. (NYSE:GMED)

The value of the stock increased by 4.24% during the previous week performance. Looking at the 1 month performance of Globus Medical, Inc. (NYSE:GMED), the stock jumped 6.48%. While the 1 year performance shows a positive percentage of 22.06 and year to date performance stands at -4.04%.

Globus Medical, Inc. (NYSE:GMED) Analytical Review

The stock needs to grow about $6.33 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 5.74%, 1.12% and 14.09 percent respectively. The stock trades about 2.32 percent of its Float giving its total shares Outstanding are 101.01 Million. GMED gained about 17.51 percent in 6 months showing its Average True Range of 1.18. The company currently has a RSI and Beta of 62.79 and 1.01.

While talking about Globus Medical, Inc. (NYSE:GMED) valuation ratios, the stock trades with a P/S and P/B of 7.42 and 4.19 which is significantly better and attractive as compared to its peers.