Is This Stock a Screaming Buy: SP Plus Corporation (NASDAQ:SP)

Equity Research firms currently have a positive stance on shares of SP Plus Corporation (NASDAQ:SP). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.30. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $30.00 on a short term basis.

At the time of writing, the stock was trading at $25.18. This represents a change from the opening price of -0.28%. In terms of performance, year to date, the stock is 5.40%. The monthly stock performance comes in at 0.36%. For the quarter, shares are performing at 3.41%. Weekly performance analysis shows the equity at -0.55%.

In taking a look at technical levels, shares are trading 0.73% away from the 50 day simple moving average and 6.98% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -4.59% 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, SP Plus Corporation’s RSI stands at 49.49. In looking at volatility levels, the shares saw weekly volatility of 1.81% and 1.88% over the past month.

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