Is This Stock a Screaming Buy: Digirad Corporation (NASDAQ:DRAD)

Equity Research firms currently have a positive stance on shares of Digirad Corporation (NASDAQ:DRAD). 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 $7.50 on a short term basis.

At the time of writing, the stock was trading at $5.04. This represents a change from the opening price of 3.07%. In terms of performance, year to date, the stock is -15.37%. The monthly stock performance comes in at -5.95%. For the quarter, shares are performing at -10.09%. Weekly performance analysis shows the equity at -3.54%.

In taking a look at technical levels, shares are trading -1.72% away from the 50 day simple moving average and -3.23% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -27.17% away from it’s 52- week high and 27.59% 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, Digirad Corporation’s RSI stands at 49.70. In looking at volatility levels, the shares saw weekly volatility of 2.70% and 2.75% over the past month.

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