Is This Stock a Screaming Buy: Turning Point Brands, Inc. (:TPB)

Equity Research firms currently have a positive stance on shares of Turning Point Brands, Inc. (:TPB). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $13.00 on a short term basis.

At the time of writing, the stock was trading at $12.48. This represents a change from the opening price of 0.00%. In terms of performance, year to date, the stock is 23.52%. The monthly stock performance comes in at -15.02%. For the quarter, shares are performing at 23.89%. Weekly performance analysis shows the equity at 2.80%.

In taking a look at technical levels, shares are trading 0.07% away from the 50 day simple moving average and 10.82% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -22.68% away from it’s 52- week high and 93.13% 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, Turning Point Brands, Inc.’s RSI stands at 49.62. In looking at volatility levels, the shares saw weekly volatility of 4.86% and 5.71% over the past month.

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