Viavi Solutions Inc. (VIAV) Forms $9.72 Double Bottom; Kmg Chemicals (KMG) Shorts Decreased By 2.59%

Viavi Solutions Inc. (VIAV) formed double bottom with $9.14 target or 6.00% below today’s $9.72 share price. Viavi Solutions Inc. (VIAV) has $2.21B valuation. It closed at $9.72 lastly. It is down 77.76% since February 14, 2017 and is uptrending. It has outperformed by 61.06% the S&P500.

Kmg Chemicals Incorporated (NYSE:KMG) had a decrease of 2.59% in short interest. KMG’s SI was 191,500 shares in February as released by FINRA. Its down 2.59% from 196,600 shares previously. With 119,400 avg volume, 2 days are for Kmg Chemicals Incorporated (NYSE:KMG)’s short sellers to cover KMG’s short positions. The SI to Kmg Chemicals Incorporated’s float is 2.5%. The stock decreased 0.26% or $0.15 during the last trading session, reaching $58.38. About 67,704 shares traded. KMG Chemicals, Inc. (NYSE:KMG) has risen 169.63% since February 14, 2017 and is uptrending. It has outperformed by 152.93% the S&P500.

Among 7 analysts covering Viavi Solutions Inc (NASDAQ:VIAV), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Viavi Solutions Inc has $12.25 highest and $6 lowest target. $7.54’s average target is -22.43% below currents $9.72 stock price. Viavi Solutions Inc had 13 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was upgraded by B. Riley & Co on Wednesday, August 5 to “Buy”. The stock has “Buy” rating by UBS on Thursday, August 13. The rating was maintained by M Partners on Monday, June 6 with “Buy”. The stock of Viavi Solutions Inc. (NASDAQ:VIAV) has “Overweight” rating given on Tuesday, October 11 by JP Morgan. The stock of Viavi Solutions Inc. (NASDAQ:VIAV) earned “Outperform” rating by William Blair on Friday, August 14. The rating was maintained by Jefferies on Friday, August 14 with “Hold”. The firm has “Hold” rating given on Wednesday, August 12 by Craig Hallum. RBC Capital Markets downgraded Viavi Solutions Inc. (NASDAQ:VIAV) rating on Monday, August 10. RBC Capital Markets has “Outperform” rating and $8.0 target. The stock of Viavi Solutions Inc. (NASDAQ:VIAV) has “Buy” rating given on Wednesday, August 12 by Craig-Hallum.

Among 5 analysts covering KMG Chemicals (NYSE:KMG), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. KMG Chemicals had 9 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of KMG Chemicals, Inc. (NYSE:KMG) has “Neutral” rating given on Wednesday, August 26 by Global Hunter Securities. The stock has “Buy” rating by Seaport Global Securities on Friday, December 11. The stock of KMG Chemicals, Inc. (NYSE:KMG) earned “Strong-Buy” rating by Zacks on Wednesday, August 12. The firm earned “Buy” rating on Monday, May 1 by Gabelli. As per Wednesday, December 14, the company rating was downgraded by Gabelli. The company was maintained on Wednesday, December 13 by KeyBanc Capital Markets. Zacks downgraded KMG Chemicals, Inc. (NYSE:KMG) on Monday, August 31 to “Hold” rating.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.71, from 1.66 in 2017Q2. It dropped, as 14 investors sold KMG Chemicals, Inc. shares while 47 reduced holdings. 21 funds opened positions while 37 raised stakes. 8.47 million shares or 0.73% less from 8.53 million shares in 2017Q2 were reported. Hodges Mngmt invested 0.01% in KMG Chemicals, Inc. (NYSE:KMG). Bessemer Grp holds 12,600 shares. Alliancebernstein Limited Partnership has invested 0% in KMG Chemicals, Inc. (NYSE:KMG). Axa invested 0% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG). Swiss Bank & Trust holds 0% or 15,800 shares. Panagora Asset Management has invested 0.02% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG). United Kingdom-based Barclays Public Limited Liability has invested 0% in KMG Chemicals, Inc. (NYSE:KMG). Redwood Limited Com reported 0.82% in KMG Chemicals, Inc. (NYSE:KMG). 578,712 were reported by Blackrock. Los Angeles Cap Mgmt Equity Inc stated it has 17,035 shares. Quebec – Canada-based Fiera Cap has invested 0.02% in KMG Chemicals, Inc. (NYSE:KMG). Driehaus Cap Limited Liability holds 0.05% in KMG Chemicals, Inc. (NYSE:KMG) or 24,846 shares. Eam Ltd Liability reported 0.56% in KMG Chemicals, Inc. (NYSE:KMG). Fuller And Thaler Asset Mgmt Inc has 0.04% invested in KMG Chemicals, Inc. (NYSE:KMG). Bancshares Of America De owns 45,460 shares.

Free Email Newsletter

Enter your email address below to get the latest news and analysts’ ratings for your stocks with our free daily email newsletter: