Is This Stock a Screaming Buy: QAD Inc. (NASDAQ:QADA)

Equity Research firms currently have a positive stance on shares of QAD Inc. (NASDAQ:QADA). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.20. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $27.00 on a short term basis.

At the time of writing, the stock was trading at $22.90. This represents a change from the opening price of 0.66%. In terms of performance, year to date, the stock is 12.07%. The monthly stock performance comes in at 0.76%. For the quarter, shares are performing at 16.20%. Weekly performance analysis shows the equity at 2.20%.

In taking a look at technical levels, shares are trading 8.37% away from the 50 day simple moving average and 15.45% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -15.77% away from it’s 52- week high and 35.23% 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, QAD Inc.’s RSI stands at 64.51. In looking at volatility levels, the shares saw weekly volatility of 2.24% and 2.32% over the past month.

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