Market Update: Watching Increased Volatility on Shares of Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) and Voxeljet AG (NYSE:VJET)

Shares of Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) are showing high volatlity in today’s session as the stock has moved 18.28%, clocking in at $3.30 after a recent bid.

Volatility is the dispersion of returns for a given stock. It is quantified by short-term traders as the average difference between a stock’s daily high and daily low, then divided by the stock price. In other words, volatility refers to the amount of risk about the size of changes in a stock’s value. 

Analyst Views

Based on data provided from analysts polled by Thomson Reuters, Arrowhead Pharmaceuticals, Inc. has a current consensus target price of 1.50. The current consensus analyst recommendation is sitting at 3.00 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, Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR)’s ATR is 0.34. 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 Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR), we notice that the stock is 19.44% off of the 20-Day Simple Moving Average. Zooming out to the 50-Day Simple Moving Average, we can see a difference of 55.05% from current stock levels.

Going out even further, the 200-Day Simple Moving Average is recorded 78.62% away from the current share price. Company shares were recently noted -15.11% off of the 50-day high and 122.97% away from the 50-day low. Let’s also take a quick peek at the 52 week highs/lows. At present, the stock is -59.21% separated from the 52 week high and 175.00% from the low.

Voxeljet AG (NYSE:VJET) shares are displaying elevated levels of volatility in today’s session. After a recent check, shares have been spotted at $5.14 showing a change in the session of 20.66%.

Based on data provided from analysts polled by Thomson Reuters, Voxeljet AG has a current consensus target price of 6.23. The current consensus analyst recommendation is sitting at 1.70 on company shares. Investors will likely be tracking any consensus estimate changes heading into the next earnings period.

After a recent spot-check, Voxeljet AG (NYSE:VJET)’s ATR is 0.29. 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 Voxeljet AG (NYSE:VJET), we notice that the stock is 30.63% off of the 20-Day Simple Moving Average. Zooming out to the 50-Day Simple Moving Average, we can see a difference of 23.89% from current stock levels.

Going out even further, the 200-Day Simple Moving Average is recorded 36.70% away from the current share price. Company shares were recently noted 3.84% off of the 50-day high and 42.78% away from the 50-day low. Let’s also take a quick peek at the 52 week highs/lows. At present, the stock is -14.33% separated from the 52 week high and 96.93% from the low.

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