Co-Diagnostics, Inc. (CODX) Forms $4.44 Double Bottom; Synacor (SYNC) Sentiment Is 1

Synacor, Inc. (NASDAQ:SYNC) Logo

Synacor Inc (SYNC) investors sentiment decreased to 1 in Q1 2018. It’s down -0.13, from 1.13 in 2017Q4. The ratio worsened, as 16 active investment managers started new or increased equity positions, while 16 sold and reduced stock positions in Synacor Inc. The active investment managers in our database now own: 10.33 million shares, down from 11.76 million shares in 2017Q4. Also, the number of active investment managers holding Synacor Inc in top ten equity positions increased from 0 to 1 for an increase of 1. Sold All: 8 Reduced: 8 Increased: 11 New Position: 5.

Co-Diagnostics, Inc. (CODX) formed double bottom with $4.13 target or 7.00% below today’s $4.44 share price. Co-Diagnostics, Inc. (CODX) has $54.73 million valuation. The stock decreased 7.31% or $0.35 during the last trading session, reaching $4.44. About 1.48M shares traded or 96.37% up from the average. Co-Diagnostics, Inc. (NASDAQ:CODX) has 0.00% since June 5, 2017 and is . It has underperformed by 12.57% the S&P500.

It closed at $1.9 lastly. It is down 42.03% since June 5, 2017 and is downtrending. It has underperformed by 54.60% the S&P500.

Ratings analysis reveals 100% of Synacor’s analysts are positive. Out of 2 Wall Street analysts rating Synacor, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $5.5 while the high is $7.0. The stock’s average target of $6.25 is 228.95% above today’s ($1.9) share price. SYNC was included in 2 notes of analysts from October 18, 2016. Lake Street initiated the shares of SYNC in report on Tuesday, February 14 with “Buy” rating. On Tuesday, October 18 the stock rating was initiated by Ladenburg Thalmann with “Buy”.

Intel Corp holds 0.23% of its portfolio in Synacor, Inc. for 866,884 shares. Ariel Investments Llc owns 4.05 million shares or 0.07% of their US portfolio. Moreover, Northpointe Capital Llc has 0.05% invested in the company for 255,534 shares. The Us-based Ancora Advisors Llc has invested 0.03% in the stock. Alyeska Investment Group L.P., a Illinois-based fund reported 890,536 shares.

Synacor, Inc. (NASDAQ:SYNC) Institutional Positions Chart