Premier, Inc. (NASDAQ:PINC) shares have been on a recent steady downtrend, causing some worry for shareholders.
It is important to consider the moving averages of a downtrending security. We see here that Premier, Inc. (NASDAQ:PINC) is -0.73% away from the 20-Day Simple Moving Average. Their 50-Day Simple Moving Average is a difference of -8.03% from current levels. Further back, their 200-Day Simple Moving Average is -11.74% difference from today’s price. Currently, the stock is -16.71% from its 50-Day High and 7.53% from the 50-day low.
RSI and Recommendations
Premier, Inc.’s RSI is 44.39. Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 2.22% and month of 3.67%. Wall Street analysts have a consensus 1.70 recommendation on the stock.
Premier, Inc. (NASDAQ:PINC)’s performance this year to date is -4.94%. The stock has performed 2.67% over the last seven days, -11.28% over the last thirty, and -11.85% over the last three months. Over the last six months, Premier, Inc.’s stock has been -16.40% and -3.22% for the year.