Long-Term Growth Prospects Remain Solid: Telefonica S.A. (TEF), Sociedad Quimica y Minera de Chile S.A. (SQM)

The stock of Telefonica S.A. (TEF) decreased by -2.81% to finish the standard trading session at $3.81. During that period, a total of 1698899 shares were traded, and this stock’s average trading volume is currently 1.39M shares per day. Important things to pay attention to when considering a stock’s current and future price are the 52-week high and low price points. Shares of Telefonica S.A. (TEF) are currently -50.73% below their 52-week high mark and 5.90% higher than the 52-week low mark.

Morgan Stanley & Co. LLC opened a new position with shares of Telefonica S.A. (TEF) during the lastest quarter, according to the public company’s latest Form 13F filing with the US Securities and Exchange Commission (SEC). This particular institutional investor became the owner of 20,092,992 shares of the Telecom Services provider’s common stock, which is currently worth approximately $79.37 million. According to the latest SEC filing from Morgan Stanley & Co. LLC, the firm held approximately 0.38% of Telefonica S.A.. On a separate note, Northern Trust Investments, Inc.(… entered a new position in Telefonica S.A. stock during the lastest quarter, holdings valued at $17.55 million. Institutional investors and hedge funds hold 0.90% of this public company’s common stock.

Turning now to this publicly-traded company’s past performance, we will explore different moving trends for TEF. This stock lost -1.04% during the last week and fall -10.98% over the last one-month period. Shares of this organization’s stock fall -20.09% throughout the last quarter. Within the last six months, the stock has decreased -10.15%, with a full-year loss of -45.82%. At the time of writing, this stock’s year-to-date (YTD) price performance is now negative at -43.02%.

Out of a total of 29 brokerages that are currently covering Telefonica S.A. (TEF) stock, the average recommendation is “Overweight” according to WSJ. 2 equities research analyst has rated the stock with a “Overweight” recommendation, 12 analysts have given this stock a “Buy” recommendation, 12 analysts have recommended that investors “Hold” this stock, and 3 analysts have given this stock a “Sell” rating and 0 suggested “Underweight”. Analysts’ average 1-year price target, among all the brokerages, is $6.40.

Shares of Sociedad Quimica y Minera de Chile S.A. (SQM) managed to reach a high of $32.99 and dropped down to a low of $31.16, before this stock settled at $31.50 at the end of the latest trading session. This organization’s stock has been displaying bearish momentum. Its Average True Range, or ATR, has fallen consistently after each of the most recent 14 trading sessions. Stock traders typically look at the ATR when they want to focus on technical analysis. At the time of writing, the 14-day ATR for Sociedad Quimica y Minera de Chile S.A. (SQM) is sitting at 1.12. Sociedad Quimica y Minera de Chile S.A. currently has a 52-week low of $15.20 with a 52-week high of $34.08. This organization has a debt-to-equity ratio of 0.91, a quick ratio of 2.60, and a current ratio of 4.30. This public company has a market cap of $7.34 billion, a beta of 1.04, a price-to-earnings-growth ratio of 2.22, and price-to-earnings ratio of 37.15.

Sociedad Quimica y Minera de Chile S.A. (SQM) most recently publicly disclosed its earnings results on August 20, 2020. The organization posted $0.17 earnings per share (EPS) during the three-month period, which was -$0.07 lower than the consensus estimate of $0.24. The company experienced a positive return on equity of 10.70% and a positive net margin of 12.40%. Sociedad Quimica y Minera de Chile S.A. reported revenue of $1.80B during the last year. During the year-ago, the company reported $0.85 EPS. Analysts forecast that Sociedad Quimica y Minera de Chile S.A. will report EPS of $0.2 for the current fiscal year.

Stock traders are taking a renewed look at shares of Sociedad Quimica y Minera de Chile S.A.. This stock’s current 14-day RSI is standing at 47.84%, with a 9-day RSI of 43.68%, and a 20-day RSI of 50.89%. The RSI, which stands for Relative Strength Index, is a widely-used oscillating indicator trusted by investors and traders alike. The RSI works within a range-bound space with values on a scale from 0 to 100. When the RSI line rises, the shares may be showing strength. The contrary is the case when the RSI line starts to fall. When using the RSI indicator, different time periods may be looked at. When using a shorter time frame, the RSI might be more volatile. A lot of traders keep their focus between the 30 and 70 marks on the RSI scale. A shift higher than 70 is widely-considered to demonstrate that the stock has entered overbought territory. Meanwhile, a drop below 30 indicates that it may be in oversold territory. Traders often use these levels to predict stock price reversals.