Is This Stock a Screaming Buy: Sajan, Inc. (NASDAQ:SAJA)

Equity Research firms currently have a positive stance on shares of Sajan, Inc. (NASDAQ:SAJA). 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 $6.75 on a short term basis.

At the time of writing, the stock was trading at $3.94. This represents a change from the opening price of 0.00%. In terms of performance, year to date, the stock is 5.07%. The monthly stock performance comes in at -4.60%. For the quarter, shares are performing at -6.41%. Weekly performance analysis shows the equity at -6.19%.

In taking a look at technical levels, shares are trading -7.99% away from the 50 day simple moving average and -2.38% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -29.64% away from it’s 52- week high and 60.82% 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, Sajan, Inc.’s RSI stands at 39.20. In looking at volatility levels, the shares saw weekly volatility of 2.35% and 3.34% over the past month.

Leave a Comment