Looking Better but Stay Cautious: The Stars Group Inc. (TSG)

Susquehanna rated the The Stars Group Inc. (NASDAQ:TSG)’s stock as a Positive in a research note published on Friday, December 7th, 2018 and posted a $26 price target on the common stock of The Stars Group Inc. (NASDAQ:TSG). Other Wall Street experts have also recently posted reports on these shares. Goldman gave the stock a Buy rating in a research note from Thursday, September 27th, 2018. Desjardins rated the stock as a Hold in a research note dated Friday, May 11th, 2018.

At the moment, there are a total of 8 analysts who cover The Stars Group Inc. (NASDAQ:TSG) stock. Among that group, 2 of them gave BUY ratings, 5 of them rated the stock as OUTPERFORM, 1 recommended it as HOLD, 0 set the rating at UNDERPERFORM and 0 rated it as a SELL. Looking at the big picture from the data above, the average analyst rating for The Stars Group Inc. is 2.00.

The company, which is valued at $4.78B, last published its earnings results on Wednesday, 11/07/2018 for the quarter that ended in Sep-18. The business posted revenue of $571.98 million for the three-month period, above $45.46 million, compared to analysts’ forecasts of $526.52 million with a surprise factor of 8.64%. The organization posted $0.45 earnings per share (EPS) for the three-month period, surpassing the Thomson Reuter’s analyst consensus estimate of $0.49 by -$0.04– amounting to a surprise factor of 8.63%.

At times, the stock market can get highly confusing – even for some of the most experienced traders. Even when the result is what you had expected, the market might suddenly decide to make an opposing movement. This can spark a great deal of doubt and second-guessing. Keeping tabs on historical price performance, as well as both long-term and short-term trends, can be very useful. Over the past 7 days, The Stars Group Inc. (NASDAQ:TSG) stock has decreased in price by 2.44%. Looking backwards over the past quarter, these shares have fell -13.11%. Turning to look at the last 6 months, this stock has dropped 47.35% to its price. Since the beginning of the calendar year, this stock has moved down by 31.00%.

Now let’s examine some potential support and resistance levels for this particular stock. Following a recent spotcheck, the public organization The Stars Group Inc. (NASDAQ:TSG) has been observed as trading -20.07% away from its 90-day high price. Taking a look at the other side of things, this stock has been trading +16.29% away from its 90-day low. Moving to a broader perspective, this stock has recently been trading -54.92% away from its 52-week high and +16.29% away from its 52-week low price.

Now let’s look at this public company’s trading volatility. Its 1-Week Volatility currently stands at 4.21%, while its Month Volatility is 4.49%. This stock’s ATR (Average True Range) is currently 0.83. Volatility demonstrates how much the stock will dive or rise if the wider market suffers or surges. A stock that has a beta score higher than 1 means that volatility is high, while less than 1 means that volatility is low.

The Stars Group Inc. (NASDAQ:TSG) stock slipped -$0.55 lower during the regular trading session on Friday, hitting $17.56. This organization’s stock showed a trading volume of 2.26 million shares, compared to its average daily volume of 2.31M shares.