Rare Value And Growth Stock Opportunity: MagnaChip Semiconductor Corporation (NYSE:MX), Advaxis Inc. (NASDAQ:ADXS)

The shares of MagnaChip Semiconductor Corporation (NYSE:MX) has been pegged with a rating of Neutral by Citigroup in its latest research note that was published on August 07, 2017. The Technology company has also assigned a $11 price target. Citigroup wasn’t the only research firm that published a report of MagnaChip Semiconductor Corporation, with other equities research analysts also giving their opinion on the stock. The stock had earned Buy rating from Needham Markets when it published its report on January 13, 2017. That day the Needham set price target on the stock to $10. Topeka Capital Markets was of a view that MX is Buy in its latest report on May 06, 2016. Topeka Capital Markets thinks that MX is worth Buy rating. This was contained in the firm’s report on February 18, 2016 in which the stock’s price target was also moved to 5.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Overweight while its average price target is $16.00. The price of the stock the last time has raised by 142.96% from its 52-Week high price while it is 1.23% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 75.79.

The shares of the company added by 11.05% during the trading session on Tuesday, reaching a low of $13.55 while ending the day at $13.97. During the trading session, a total of 1.22 million shares were traded which represents a -268.17% decline from the average session volume which is 331000.0 shares. MX had ended its last session trading at $12.58. MX 52-week low price stands at $5.75 while its 52-week high price is $13.80.

The company in its last quarterly report recorded $0.49 earnings per share which is above the predicted by most analysts. The MagnaChip Semiconductor Corporation generated 131.34 million in revenue during the last quarter. MagnaChip Semiconductor Corporation has the potential to record -0.03 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Barclays published a research note on August 03, 2016 where it informed investors and clients that Advaxis Inc. (NASDAQ:ADXS) is now rated as Overweight. Their price target on the stock stands at $20. Barclays also rated ADXS as Initiated on September 22, 2015, with its price target of $40 suggesting that ADXS could surge by 77.0% from its current share price. Even though the stock has been trading at $1.22/share, analysts expect it to down by -5.74% to reach $5.00/share. It started the day trading at $1.21 and traded between $1.06 and $1.15 throughout the trading session.

A look at its technical shows that ADXS’s 50-day SMA is 0.65 while its 200-day SMA stands at 1.42. The stock has a high of $10.80 for the year while the low is $0.21. The stock, however, witnessed a rise in its short on 12/31/19. Compared to previous close which recorded 3.09 M shorted shares, the short percentage went higher by 6.96%, as 3.31M MX shares were shorted. At the moment, only 6.44% of Advaxis Inc. shares were sold short. The company’s average trading volume currently stands at 7.37M shares, which means that the short-interest ratio is just 0.42 days. Over the past seven days, the company moved, with its shift of -11.54%. Looking further, the stock has raised 276.43% over the past 90 days while it lost -19.01% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Renaissance Technologies LLC bought more ADXS shares, increasing its portfolio by 295.17% during the last quarter. This move now sees The Renaissance Technologies LLC purchasing 1,478,786 shares in the last quarter, thus it now holds 1,979,786 shares of ADXS, with a total valuation of $1,698,656. Altium Capital Management LP meanwhile bought more ADXS shares in the recently filed quarter, changing its stake to $1,458,600 worth of shares.

Similarly, Sabby Capital LLC increased its Advaxis Inc. shares by 3,547.91% during the recently filed quarter. After buying 1,521,982 shares in the last quarter, the firm now controls 1,480,260 shares of Advaxis Inc. which are valued at $1,305,861. In the same vein, Empery Asset Management LP increased its Advaxis Inc. shares by during the most recent reported quarter. The firm bought 600,000 shares during the quarter which increased its stakes to 600,000 shares and is now valued at $514,800. Following these latest developments, around 0.57% of Advaxis Inc. stocks are owned by institutional investors and hedge funds.