TBRG stock: buy or sell?

TBRG stock price: $11.85 -0.67% At close on July 18th, 2019

Updated on:
July 18th, 2019

3

After topping to all time highs on July, Thunder Bridge Acquisition decreased -0.67% on July to $11.85. On July TBRG skyrocketed an amazing 13.30%. With July it's been 5 sliding days in a row, loosing $-1.46 (-12.65%).

Should I buy TBRG stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Thunder Bridge Acquisition stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean TBRG will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Thunder Bridge Acquisition stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 3 ratings published for TBRG stock in the last 30 days.

Is TBRG a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-6-27Northland Securitiesn/aBuy
2019-6-21William Blairn/aOutperform
2019-6-20Northland SecuritiesOutperformOutperform

TBRG stock analysis

Daily outlook

After topping to all time highs on July, Thunder Bridge Acquisition decreased -0.67% on July to $11.85.

Thunder Bridge Acquisition decreased -0.67% to $11.85 after topping to all time highs on July. TBRG is retaking the upward trend marking a new rising bottom heading to break out over $14.00. On July, TBRG hit a new all time high, pushing higher than on July tops. Check different trading setups that use ATHs as triggers. Since price and SMA50d lines crossed up on July, TBRG climbed $1.54 (14.94%).

TBRG stock chart (daily)

Weekly outlook

After boosting an astounding 20.09% in a week early July, Thunder Bridge Acquisition closed this week at $11.85 and plummed a dreadful -8.07%.

Thunder Bridge Acquisition stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, TBRG might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last all-time high Thunder Bridge Acquisition marked early July, but since then it dropped a 15.36%. Since price and SMA20w lines crossed up early July, TBRG climbed $1.55 (15.05%).

TBRG stock chart (weekly)

TBRG stock price history

TBRG stock went public on July 17th, 2018 with a price of $9.651. Since then, TBRG stock surged a 22.80%, with an average of 22.80% per year. If you had invested $1,000 in TBRG stock in 2018, it would worth $228.00 today.

1: Adjusted price after possible price splits or reverse-splits.

TBRG stock historical price chart

TBRG stock reached all-time highs on July with a price of $14.00.

TBRG stock price target is $15.00

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. Currently, only 1 price prediction for Thunder Bridge Acquisition stock was posted in the last month:
TBRG stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-6-27Northland SecuritiesReiteratesn/a$15.00-
(in average)$0.00$15.000.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

TBRG earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q2-n/an/an/a
2018-Q3-n/an/an/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Thunder Bridge Acquisition ownership

When you are planning to buy shares of a stock, it's always worth to check its ownership structure.

Thunder Bridge Acquisition shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

For a better context understanding, the next table shows ownership data compared to other related stocks:

TBRG
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

TBRG summary

Thursday, July 18th, 2019
Open$11.81
Close$11.85
Day range$11.32 - $11.98
Previous close$11.93
Session gain-0.67%
Average true range$0.67
50d mov avg$10.66
100d mov avg$10.43
200d mov avg$0.00
Daily patternlb02a
Weekly pattern lt06a

Thunder Bridge Acquisition performance

To better understand Thunder Bridge Acquisition performance you must compare its gains with other related stocks in same sector or industry. For Thunder Bridge Acquisition, the benchmark is made against .
Stock3m6m12m
TBRGThunder Bridge Ac...15.61%19.34%0.00%

Thunder Bridge Acquisition competitors

Unfortunately, we could not find any public company that could be defined as Thunder Bridge Acquisition competitor. This doesn't mean Thunder Bridge Acquisition does not have any competitor in the market, it's just we could not detected it.