Black Knight, Inc. (ASX:BKI) shares are on our watchlist today as the stock has moved -0.44% from the recent close, pricing at $62.69 at the time of press.  This stock has garnered the attention of value investors and here we’ll take a look at the equity’s recent performance.

Occasionally, investors will find themselves looking at an underperforming portfolio. Sometimes, this may be a case of the portfolio not being properly diversified. Investing too heavily in one stock or sector can cause the balance to tip the wrong way, especially if the overall market takes a downturn. Although there is no one way to protect against tough economic conditions, setting up the portfolio to withstand a prolonged sluggish period can help ease the mind of the investor when markets are in turmoil. Maintaining a large mix of different types of stocks may help the portfolio survive through rough patches down the line. 

Here we’ll take a quick glance at how the stock price is currently trading in relation to some of its simple moving averages. At current levels, Black Knight, Inc. (ASX:BKI) shares have been seen trading 1.26% away from the 20-day moving average. The stock has been recently separated from the 50-day moving average by 2.13%. Using a broader approach, shares have been trading 17.18% off of the 200-day moving average. After the latest check-in, company stock is -2.67% off of the 50 day high and 10.37% away from the 50 day low price.

In terms of performance, shares of Black Knight, Inc. (ASX:BKI) are 38.55% since the start of 2016. Over the past week, shares are 1.83%. Moving out to look at the previous month performance, the stock is at -0.35%. For the quarter, performance is at 10.71%. During the past six months, Black Knight, Inc. (ASX:BKI)’s stock has been 19.19% and 18.91% for the last 12 months.

Investors will be closely watching which way market momentum will shift as we cruise into the back half of the year. Earnest investors will most likely be pouring over the latest earnings reports trying to spot buying opportunities. Many investors will pay especially close attention to companies that have posted large surprise factors over the past quarter. As the dust settles, investors might be monitoring stock price activity following the earning release in order to set up a plan for trading around the next earnings season.   

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Investors are constantly looking for ways to find success in the stock market. Figuring out what stocks to buy can be tough. With so many different names to choose from, the task can seem quite overwhelming at times. Many investors will opt to go with a mix of growth and value stocks. Investors looking to capitalize on shorter-term price movements may have a completely different game plan than those who are looking to fin stocks to hold onto for the longer-term. Finding quality stocks that match the individual’s criteria may take a lot of effort and dedication, but it may be well worth it for the long-term success of the portfolio.      

RSI and P/E

Black Knight, Inc.’s shares may have great momentum, but how has it been performing relative to the market?  The stock’s price is 62.69 and their relative strength index (RSI) stands at 55.31.  RSI is a technical oscillator that shows price strength by comparing upward and downward movements.  It indicates oversold and overbought price levels for a stock.  The price/sales ratio is 8.06.  This reflects the applied to sales by the market. P/S is calculated by dividing the closing price of the share by their dollar-sales value.   

Black Knight, Inc. (ASX:BKI)’s P/E is 58.90.  P/E is a valuation ratio of a given company’s current stock price as compared to its earnings.  A low P/E value suggests a stock is cheap as compared to earnings.  For example, a P/E value of 20 means that the price equals the total of 20-year earnings.  The average level is always different across the market and P/E must be compared per sector.  Black Knight, Inc. is in the Financial.  Their PEG, the ratio used to determine a stock’s value while taking into account the earnings’ growth, is 4.73.