Vista Oil & Gas, S.A.B. de C.V. (NYSE:VIST) is a stock to watch today. At current price of $5.55, the shares have already added 0.3 points (5.62% higher) from its previous close of $5.25. The stock sets an active trading volume day with a reported 172155 contracts so far this session. VIST shares had a relatively better volume day versus average trading capacity of 284.97 thousand shares, but with a 61.5 million float and a 1.35% run over a week, it’s definitely worth keeping an eye on. The one year price forecast for VIST stock indicates that the average analyst price target is $8.05 per share. This means the stock has a potential increase of 45.05% from where the VIST share price has been trading recently.
Looking at the current readings for Vista Oil & Gas, S.A.B. de C.V., the two-week RSI stands at 55.84. This figure suggests that VIST stock, for now, is neutral, meaning that the shares are stable in terms of price movement. The stochastic readings, on the other hand, based on the current VIST readings is similarly very revealing as it has a stochastic reading of 78.81% at this stage. This figure means that VIST share price today is being oversold.
Technical chart claims that Vista Oil & Gas, S.A.B. de C.V. (VIST) would settle between $5.46/share to $5.67/share level. However, if the stock price goes below the $5.05 mark, then the market for Vista Oil & Gas, S.A.B. de C.V. becomes much weaker. If that happens, the stock price might even plunge as low as $4.85 for its downside target. The stock is currently in the green zone of MACD, with the indicator reading 0.07. Traders are always alerted for the move of a stock above or below the zero line due to the fact that the reading is an indicator of the position of the short-term average relative to the long-term average. If the MACD is above the zero line, then the short-term average relative is above that of the long-term average, thus implying an upward momentum. Vice versa is the case if the MACD is below the zero line.
Moving on, VIST stock price is currently trading at 58.33X forward 12-month Consensus EPS estimates, and its P/E ratio is 13.7 while for the average stock in the same group, the multiple is 15.5. Vista Oil & Gas, S.A.B. de C.V. current P/B ratio of 0.9 means it is trading at a discount against its industry’s 1.3.