2 Stocks That Are Just Getting Started: Callon Petroleum Company (CPE), B2Gold Corp. (BTG)

    The shares of Callon Petroleum Company (NYSE:CPE) has been pegged with a rating of Buy by Williams Capital Group in its latest research note that was published on July 16th, 2019. The research company has also assigned a $10 price target. Williams Capital Group wasn’t the only research firm that published a report of Callon Petroleum Company, with other equities research analysts also giving their opinion on the stock. Imperial Capital advised investors in its research note published on July 16th, 2019, to In-line the CPE stock while also putting a $11 price target. The stock had earned Hold rating from Jefferies when it published its report on July 15th, 2019. That day the Jefferies set price target on the stock to $11. The stock was given Overweight rating by Barclays in its report released on July 1st, 2019, the day when the price target on the stock was placed at $9. Morgan Stanley was of a view that CPE is Equal-Weight in its latest report on March 21st, 2019 while giving it a price target of $9. Imperial Capital thinks that CPE is worth Outperform rating. This was contained in the firm’s report on February 13th, 2019 in which the stock’s price target was also moved to $15.

    The consensus currently stands at a Hold while its average price target is $9.07. The price of the stock the last time has raised by 0.53% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 34.78.

    The shares of the company dipped by 0.00% during the trading session on Thursday, reaching a low of $3.75 while ending the day at $3.78. During the trading session, a total of 14.81 million shares were traded which represents a -9.76% decline from the average session volume which is 13.49M shares. CPE had ended its last session trading at 3.78. Callon Petroleum Company currently has a market cap of $915.48M, while its P/E ratio stands at 3.88, while its P/E earnings growth sits at 1.42, with a beta of 1.44. Callon Petroleum Company debt-to-equity ratio currently stands at 0.44, while its quick ratio hovers at 0.50. CPE 52-week low price stands at $3.76 while its 52-week high price is $13.09.

    Investment analysts at Canaccord Genuity published a research note on April 24th, 2019 where it informed investors and clients that B2Gold Corp. (NYSE:BTG) is now rated as Buy. Imperial Capital also rated BTG as Reiterated on July 16th, 2019, with its price target of $11 suggesting that BTG could down by -4.57% from its current share price. Even though the stock has been trading at $3.58/share, analysts expect it to surge higher by 2.23% to reach $3.50/share. It started the day trading at $3.67 and traded between $3.57 and $3.66 throughout the trading session.

    A look at its technical shows that BTG’s 50-day SMA is 3.35 while its 200-day SMA stands at 2.95. The stock has a high of $4.02 for the year while the low is $2.15. The company’s P/E ratio currently sits at 332.73, while the P/B ratio is 2.16. At the moment, only of B2Gold Corp. shares were sold short. The company’s average trading volume currently stands at 6.89M shares, which means that the short-interest ratio is just 0.43 days. Over the past seven days, the company moved, with its shift of -1.88%. Looking further, the stock has raised 27.97% over the past 90 days while it gained 23.65% over the last six months.