Erratic Volume Stretches This Stock Mid-Session: Collegium Pharmaceutical, Inc. (NASDAQ:COLL)

Shares of Collegium Pharmaceutical, Inc. (NASDAQ:COLL) are showing high volatlity in today’s session as the stock has moved 3.33%, clocking in at $11.49 after a recent bid.

Volatility is the dispersion of returns for a given stock. It is quantified by short-term traders as the average difference between a stock’s daily high and daily low, then divided by the stock price. In other words, volatility refers to the amount of risk about the size of changes in a stock’s value. Analyst Views

Based on data provided from analysts polled by Thomson Reuters, Collegium Pharmaceutical, Inc. has a current consensus target price of 22.20. The current consensus analyst recommendation is sitting at 1.50 on company shares. Investors will likely be tracking any consensus estimate changes heading into the next earnings period.

Moving Averages and ATR

After a recent spot-check, Collegium Pharmaceutical, Inc. (NASDAQ:COLL)’s ATR is 0.77. The Average True Range (ATR) is a measure of stock volatility. The Average True Range is an exponential moving average (14-days) of the True Range. The range of a day’s trading is high-low, and True Range expands into yesterday’s close when it lands outside of today’s range.

Taking a closer look into the volatility on shares of Collegium Pharmaceutical, Inc. (NASDAQ:COLL), we notice that the stock is 19.37% off of the 20-Day Simple Moving Average. Zooming out to the 50-Day Simple Moving Average, we can see a difference of 21.25% from current stock levels.

Going out even further, the 200-Day Simple Moving Average is recorded -16.15% away from the current share price. Company shares were recently noted -6.36% off of the 50-day high and 55.90% away from the 50-day low. Let’s also take a quick peek at the 52 week highs/lows. At present, the stock is -44.09% separated from the 52 week high and 55.90% from the low.

Leave a Comment