Is This Stock a Screaming Buy: Alexco Resource Corporation (:AXU)

Equity Research firms currently have a positive stance on shares of Alexco Resource Corporation (:AXU). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $2.73 on a short term basis.

At the time of writing, the stock was trading at $1.54. This represents a change from the opening price of 0.00%. In terms of performance, year to date, the stock is 341.18%. The monthly stock performance comes in at -31.19%. For the quarter, shares are performing at -18.03%. Weekly performance analysis shows the equity at -15.25%.

In taking a look at technical levels, shares are trading -21.16% away from the 50 day simple moving average and 25.28% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -39.37% away from it’s 52- week high and 600.00% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Alexco Resource Corporation’s RSI stands at 34.29. In looking at volatility levels, the shares saw weekly volatility of 7.96% and 8.76% over the past month.

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