EXACT Sciences (EXAS) Shares Gap Up to $44.37

Marco Green
March 4, 2018

The hedge fund run by Eric Chen held 577,346 shares of the commercial physical & biological resarch company at the end of 2017Q3, valued at $27.21 million, up from 476,346 at the end of the previous reported quarter.

The stock has a market cap of $5,340.00, a price-to-earnings ratio of -21.87 and a beta of 0.58. The stock traded with the average Volume of 2.65 Million at the end of last session.

Caspian Sunrise Plc (CASP.L) shares are being watched closely by traders as the Awesome Oscillator signal is revealing an upward trend building over the past five bars, signaling that market momentum is building for the name. Exact Sciences Corporation (NASDAQ:EXAS) has risen 458.24% since March 1, 2017 and is uptrending. It has outperformed by 15.16% the S&P500.

Old West Investment Management Llc decreased its stake in Sears Holdings Corp (SHLD) by 40.67% based on its latest 2017Q3 regulatory filing with the SEC. LLC now owns 2,356,706 shares of the medical research company's stock worth $83,357,000 after purchasing an additional 875,527 shares during the period. After $0.62 actual earnings per share reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Granahan Investment Management Inc, which manages about $3.81 billion and $1.20 billion US Long portfolio, decreased its stake in Resolute Energy by 54,296 shares to 151,965 shares, valued at $4.51 million in 2017Q3, according to the filing. The stock kicked off the session at $7.06 and later approached $7 with a change of -1.13%. Given that its average daily volume over the 30 days has been 2.65M shares a day, this signifies a pretty noteworthy change over the norm. Precision Therapeutics Inc. (NASDAQ:SKLN) has declined 52.09% since February 28, 2017 and is downtrending. It has outperformed by 20.71% the S&P500. (NYSE:HF) by 38,940 shares to 128,950 shares, valued at $5.10 million in 2017Q3, according to the filing.

Pattern Energy Group Inc. The New York-based Jennison Associates Llc has invested 0.01% in Exact Sciences Corporation (NASDAQ:EXAS). COWARD D SCOTT sold $1.37 million worth of stock.

Among 18 analysts covering EXACT Sciences (NASDAQ:EXAS), 9 have Buy rating, 1 Sell and 8 Hold. Sears Canada had 6 analyst reports since September 3, 2015 according to SRatingsIntel. The rating was maintained by Craig Hallum on Wednesday, July 26 with "Buy". The stock has "Neutral" rating by Roth Capital on Thursday, February 25. The stock of Exact Sciences Corporation (NASDAQ:EXAS) earned "Buy" rating by Canaccord Genuity on Wednesday, June 7. The firm has "Buy" rating given on Friday, February 23 by Canaccord Genuity. Wedbush has "Neutral" rating and $42.0 target.

2/23/2018 - EXACT Sciences was downgraded by analysts at BidaskClub from a "strong-buy" rating to a "buy" rating. The firm has "Sell" rating by Liberum Capital given on Thursday, October 29. Zacks Investment Research upgraded EXACT Sciences from a "hold" rating to a "buy" rating and set a $62.00 price objective for the company in a report on Tuesday, January 16th. The rating was maintained by BTIG Research with "Buy" on Monday, July 17.

Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment. Its down 0.26, from 1.27 in 2017Q2. It fall, as 39 investors sold EXAS shares while 81 reduced holdings. 44 funds opened positions while 77 raised stakes. Brick And Kyle has 8,000 shares.

Exact Sciences Corporation is a molecular diagnostics company.

Exact Sciences Corporation (NASDAQ:EXAS) now has a Weekly Volatility of 6.12% percent while its Monthly Volatility is at 5.14% percent. Kistler accumulated 0.01% or 315 shares. The stock of Exact Sciences Corporation (NASDAQ:EXAS) earned "Buy" rating by TH Capital on Wednesday, February 22. The Alabama-based Vulcan Value Partners Llc has invested 9.04% in the stock. 5,052 are held by Zurcher Kantonalbank (Zurich Cantonalbank). Many successful investors share some of the same basic characteristics. Guggenheim Ltd reported 0.01% stake. Wellington Group Llp holds 0.05% or 4.94M shares in its portfolio. Piedmont Inv Advsr Limited owns 0.01% invested in Exact Sciences Corporation (NASDAQ:EXAS) for 10,905 shares. Knightsbridge Asset Mgmt Ltd Liability holds 16,311 shares. 23,840 were reported by Smith Asset Grp Inc L P. Salem Invest Counselors has 1,000 shares for 0.01% of their portfolio. Investors, especially technical analysts, may use the 52 week range to gauge whether a stock's current price suggests buying, selling, or taking no-action. Therefore 28% are positive. (NYSE:VTR) to report earnings on April, 27. The firm has "Hold" rating by Needham given on Monday, September 28. Susquehanna maintained the stock with "Sell" rating in Friday, December 1 report. (NYSE:VTR) has "Hold" rating given on Wednesday, July 13 by Argus Research. As per Thursday, September 14, the company rating was maintained by KeyBanc Capital Markets.

Investors sentiment decreased to 1.01 in 2017 Q3. It increased, as 20 investors sold SHLD shares while 30 reduced holdings. 52 funds opened positions while 195 raised stakes. 275.60 million shares or 0.51% more from 274.21 million shares in 2017Q2 were reported. Metropolitan Life Insur Ny reported 78,177 shares. Peninsula Asset Mngmt owns 35,648 shares.

It is a positive indicator for investor portfolio value - when the price of a stock Investor owns goes up in value. The Illinois-based Department Mb Bankshares N A has invested 0.01% in Stryker Corporation (NYSE:SYK).

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