Is This Stock a Screaming Buy: World Point Terminals, LP (NYSE:WPT)

Equity Research firms currently have a positive stance on shares of World Point Terminals, LP (NYSE:WPT). 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 $17.33 on a short term basis.

At the time of writing, the stock was trading at $14.97. This represents a change from the opening price of -0.40%. In terms of performance, year to date, the stock is 18.50%. The monthly stock performance comes in at -2.61%. For the quarter, shares are performing at -4.32%. Weekly performance analysis shows the equity at 0.47%.

In taking a look at technical levels, shares are trading -2.02% away from the 50 day simple moving average and 4.33% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -7.50% away from it’s 52- week high and 35.05% 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, World Point Terminals, LP’s RSI stands at 46.75. In looking at volatility levels, the shares saw weekly volatility of 1.07% and 2.04% over the past month.

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