Is This Stock a Screaming Buy: pdvWireless, Inc. (NASDAQ:PDVW)

Equity Research firms currently have a positive stance on shares of pdvWireless, Inc. (NASDAQ:PDVW). 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 $44.00 on a short term basis.

At the time of writing, the stock was trading at $23.85. This represents a change from the opening price of -0.54%. In terms of performance, year to date, the stock is -12.76%. The monthly stock performance comes in at 8.90%. For the quarter, shares are performing at 1.35%. Weekly performance analysis shows the equity at 5.59%.

In taking a look at technical levels, shares are trading 6.85% away from the 50 day simple moving average and -10.89% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -44.59% away from it’s 52- week high and 28.23% 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, pdvWireless, Inc.’s RSI stands at 58.46. In looking at volatility levels, the shares saw weekly volatility of 5.14% and 5.18% over the past month.

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