Pre-Bell Stock Alert on China Zenix Auto International Limited (NYSE:ZX) and Direxion Daily MSCI South Korea Bull 3X Shares (:KORU)

Will shares of China Zenix Auto International Limited (NYSE:ZX) hold onto their early gains?  The stock is gapping up 5.34% before market open touching $1.34 on a recent bid.

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Analyst Outlook

The consensus analysts recommendation at this point stands at 2.00 for China Zenix Auto International Limited.  This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. Further, analysts have a 12 month target price of $3.60 on company shares.  This is according to the analysts polled by Thomson Reuters which have recently published research reports on the firm. 

The equity stands -31.28% away from the 52-week high and 31.37% from the 52-week low.  The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 37.75.

With the recent move, the stock now boasts a market cap of 71.15and a beta of 0.38.

Direxion Daily MSCI South Korea Bull 3X Shares (:KORU) are gapping up 1.93% pre-market with a price of $47.59 on the stock.

At the time of writing, the stock was trading at $47.59. This represents a change from the opening price of 0.34%. In terms of performance, year to date, the stock is 96.25%. The monthly stock performance comes in at 4.16%. For the quarter, shares are performing at 3.73%. Weekly performance analysis shows the equity at 7.31%.

In taking a look at technical levels, shares are trading -0.98% away from the 50 day simple moving average and 24.74% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -13.99% away from it’s 52- week high and 118.20% away from its 52 week low. 

As of writing, Direxion Daily MSCI South Korea Bull 3X Shares’s RSI stands at 51.81. In looking at volatility levels, the shares saw weekly volatility of 1.52% and 2.17% over the past month.

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