Market Focus- Increased Volatility Recorded on Shares of Hornbeck Offshore Services, Inc. (NYSE:HOS) and Celsion Corporation (NASDAQ:CLSN)

Hornbeck Offshore Services, Inc. (NYSE:HOS) shares are displaying elevated levels of volatility in today’s session. After a recent check, shares have been spotted at $2.62 showing a change in the session of 32.99%.Analyst Views

Based on data provided from analysts polled by Thomson Reuters, Hornbeck Offshore Services, Inc. has a current consensus target price of 5.50. The current consensus analyst recommendation is sitting at 2.90 on company shares. Investors will likely be tracking any consensus estimate changes heading into the next earnings period.

Moving Averages and ATR

After a recent spot-check, Hornbeck Offshore Services, Inc. (NYSE:HOS)’s ATR is 0.23. The Average True Range (ATR) is a measure of stock volatility. The Average True Range is an exponential moving average (14-days) of the True Range. The range of a day’s trading is high-low, and True Range expands into yesterday’s close when it lands outside of today’s range.

Taking a closer look into the volatility on shares of Hornbeck Offshore Services, Inc. (NYSE:HOS), we notice that the stock is 32.36% off of the 20-Day Simple Moving Average. Zooming out to the 50-Day Simple Moving Average, we can see a difference of -4.98% from current stock levels.

Going out even further, the 200-Day Simple Moving Average is recorded -47.00% away from the current share price. Company shares were recently noted -38.50% off of the 50-day high and 73.51% away from the 50-day low. Let’s also take a quick peek at the 52 week highs/lows. At present, the stock is -73.32% separated from the 52 week high and 73.51% from the low.

Recent action on shares of Celsion Corporation (NASDAQ:CLSN) lands the stock on today’s most volatile list. In the current trading session, the stock has seen a change of 40.49% recently hitting $2.88.

Share prices are capable of moving sharply higher or lower in a very short amount of time. Keeping an eye on the volatile stocks may help spot market abnormalities.Based on data provided from analysts polled by Thomson Reuters, Celsion Corporation has a current consensus target price of 19.25. The current consensus analyst recommendation is sitting at 2.00 on company shares. Investors will likely be tracking any consensus estimate changes heading into the next earnings period.

After a recent spot-check, Celsion Corporation (NASDAQ:CLSN)’s ATR is 0.45. The Average True Range (ATR) is a measure of stock volatility. The Average True Range is an exponential moving average (14-days) of the True Range. The range of a day’s trading is high-low, and True Range expands into yesterday’s close when it lands outside of today’s range.

Taking a closer look into the volatility on shares of Celsion Corporation (NASDAQ:CLSN), we notice that the stock is -3.37% off of the 20-Day Simple Moving Average. Zooming out to the 50-Day Simple Moving Average, we can see a difference of -15.86% from current stock levels.

Going out even further, the 200-Day Simple Moving Average is recorded -63.60% away from the current share price. Company shares were recently noted -41.93% off of the 50-day high and 41.88% away from the 50-day low. Let’s also take a quick peek at the 52 week highs/lows. At present, the stock is -85.31% separated from the 52 week high and 41.88% from the low.

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