Credit Suisse High Yield Bond Fund Inc. (DHY) and Quanta Services Inc. (PWR) Have Rooms To Grow

The stock of Credit Suisse High Yield Bond Fund Inc. (DHY) decreased by 0.00% to finish the standard trading session at $2.14. During that period, a total of 2121553 shares were traded, and this stock’s average trading volume is currently 1.51M 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 Credit Suisse High Yield Bond Fund Inc. (DHY) are currently -16.41% below their 52-week high mark and 67.19% higher than the 52-week low mark.

Invesco Capital Management LLC opened a new position with shares of Credit Suisse High Yield Bond Fund Inc. (DHY) 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 1,447,436 shares of the Asset Management provider’s common stock, which is currently worth approximately $3.04 million. According to the latest SEC filing from Invesco Capital Management LLC, the firm held approximately 1.40% of Credit Suisse High Yield Bond Fund Inc.. On a separate note, Landscape Capital Management LLC entered a new position in Credit Suisse High Yield Bond Fund Inc. stock during the lastest quarter, holdings valued at $2.74 million. Institutional investors and hedge funds hold 19.80% of this public company’s common stock.

Turning now to this publicly-traded company’s past performance, we will explore different moving trends for DHY. This stock lost -0.47% during the last week and rose 1.42% over the last one-month period. Shares of this organization’s stock rose 5.94% throughout the last quarter. Within the last six months, the stock has increased 22.99%, with a full-year loss of -14.74%. At the time of writing, this stock’s year-to-date (YTD) price performance is now negative at -14.40%.

Shares of Quanta Services Inc. (PWR) managed to reach a high of $57.792 and dropped down to a low of $56.2407, before this stock settled at $56.74 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 Quanta Services Inc. (PWR) is sitting at 1.71. Quanta Services Inc. currently has a 52-week low of $23.77 with a 52-week high of $57.66. This organization has a debt-to-equity ratio of 0.35, a quick ratio of 1.70, and a current ratio of 1.70. This public company has a market cap of $7.64 billion, a beta of 1.37, a price-to-earnings-growth ratio of 2.27, and price-to-earnings ratio of 22.74.

Conaway John Michal, the Director of Quanta Services Inc. (PWR), bought 10 shares of Quanta Services Inc. stock in an exchange that took place on Jul 20. The shares were bought at an average price of $40.53 each, amounting to a total Buy worth $405. As of the close of the Buy, the Director now directly holds 23,512 shares of the organization’s stock, which is now worth about $1334070.88. The deal was disclosed in a Securities & Exchange Commission legal filing, which can be publicly viewed on the SEC website.

Quanta Services Inc. (PWR) most recently publicly disclosed its earnings results on August 06, 2020. The organization posted $0.74 earnings per share (EPS) during the three-month period, which was $0.26 higher than the consensus estimate of $0.48. The company experienced a positive return on equity of 9.40% and a positive net margin of 3.10%. Quanta Services Inc. reported revenue of $11.74B during the last year. During the year-ago, the company reported $2.50 EPS. Analysts forecast that Quanta Services Inc. will report EPS of $1.09 for the current fiscal year.

Stock traders are taking a renewed look at shares of Quanta Services Inc.. This stock’s current 14-day RSI is standing at 72.64%, with a 9-day RSI of 77.78%, and a 20-day RSI of 69.97%. 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.