Is This Stock a Screaming Buy: ORIX Corporation (NYSE:IX)

Equity Research firms currently have a positive stance on shares of ORIX Corporation (NYSE:IX). 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 $108.49 on a short term basis.

At the time of writing, the stock was trading at $70.32. This represents a change from the opening price of -0.44%. In terms of performance, year to date, the stock is 0.80%. The monthly stock performance comes in at -6.20%. For the quarter, shares are performing at 11.71%. Weekly performance analysis shows the equity at -4.83%.

In taking a look at technical levels, shares are trading -2.19% away from the 50 day simple moving average and 1.13% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -9.75% away from it’s 52- week high and 23.37% 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, ORIX Corporation’s RSI stands at 39.11. In looking at volatility levels, the shares saw weekly volatility of 1.03% and 1.09% over the past month.

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