Is This Stock a Screaming Buy: Glowpoint, Inc. (:GLOW)

Equity Research firms currently have a positive stance on shares of Glowpoint, Inc. (:GLOW). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $3.54 on a short term basis.

At the time of writing, the stock was trading at $0.30. This represents a change from the opening price of 9.85%. In terms of performance, year to date, the stock is -44.00%. The monthly stock performance comes in at 3.70%. For the quarter, shares are performing at -6.67%. Weekly performance analysis shows the equity at 0.00%.

In taking a look at technical levels, shares are trading 0.84% away from the 50 day simple moving average and -20.44% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -57.76% away from it’s 52- week high and 42.81% 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, Glowpoint, Inc.’s RSI stands at 56.28. In looking at volatility levels, the shares saw weekly volatility of 8.33% and 14.86% over the past month.

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