Pre-Bell Stock Alert on Teekay Offshore Partners L.P. (NYSE:TOO) and Castle Brands Inc. (:ROX)

Will shares of Teekay Offshore Partners L.P. (NYSE:TOO) hold onto their early gains?  The stock is gapping up 1.17% before market open touching $2.63 on a recent bid.

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Analyst Outlook

The consensus analysts recommendation at this point stands at 2.20 for Teekay Offshore Partners L.P..  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 $3.00 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 -60.03% away from the 52-week high and 59.39% 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 61.00.

With the recent move, the stock now boasts a market cap of 398.61and a beta of 2.73.

Castle Brands Inc. (:ROX) are gapping up 1.55% pre-market with a price of $1.32 on the stock.

At the time of writing, the stock was trading at $1.32. This represents a change from the opening price of 0.76%. In terms of performance, year to date, the stock is 69.74%. The monthly stock performance comes in at -8.51%. For the quarter, shares are performing at -29.12%. Weekly performance analysis shows the equity at -5.84%.

In taking a look at technical levels, shares are trading -9.02% away from the 50 day simple moving average and -6.88% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -40.54% away from it’s 52- week high and 103.08% away from its 52 week low. 

As of writing, Castle Brands Inc.’s RSI stands at 42.39. In looking at volatility levels, the shares saw weekly volatility of 4.38% and 5.47% over the past month.

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