Everi Holdings Inc.’s recent filing unveils that its President & CEO TAYLOR RANDY L acquired Company’s shares for reported $71350.0 on Aug 29. In the deal valued at $14.27 per share,5,000 shares were bought. As a result of this transaction, TAYLOR RANDY L now holds 522,622 shares worth roughly $ 7.58 million.
Then, Rumbolz Michael D bought 5,000 shares, generating $71,000 in total proceeds. Upon buying the shares at $14.20, the Executive Chairman now owns 1,058,320 shares.
Before that, Watson Secil Tabli bought 1,000 shares. Everi Holdings Inc. shares valued at $13,360 were divested by the Director at a price of $13.36 per share. As a result of the transaction, Watson Secil Tabli now holds 1,000 shares, worth roughly $14510.0.
PT values the company’s stock at a premium of 48.18 to its Tuesday closing price.
Price Performance Review of EVRI
On Tuesday, Everi Holdings Inc. [NYSE:EVRI] saw its stock fall -1.69% to $14.51. On the same session, the stock had its day’s lowest price of $14.32, but rose to a high of $14.74. Over the last five days, the stock has gained 3.42%. Everi Holdings Inc. shares have risen nearly 1.11% since the year began. Nevertheless, the stocks have fallen -21.69% over the past one year. While a 52-week high of $19.85 was reached on 03/01/23, a 52-week low of $12.58 was recorded on 08/10/23. SMA at 50 days reached $14.27, while 200 days put it at $15.67. A total of 0.59 million shares were traded, compared to the trading of 0.49 million shares in the previous session.
Levels Of Support And Resistance For EVRI Stock
The 24-hour chart illustrates a support level at 14.31, which if violated will result in even more drops to 14.10. On the upside, there is a resistance level at 14.73. A further resistance level may holdings at 14.94. The Relative Strength Index (RSI) on the 14-day chart is 57.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.26%. Stochastics %K at 95.58% indicates the stock is a selling.
How much short interest is there in Everi Holdings Inc.?
A steep rise in short interest was recorded in Everi Holdings Inc. stocks on Aug 14, 2023, growing by 0.16 million shares to a total of 2.6 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 2.44 million shares. There was a rise of 6.15%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 3.04% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.78.
According to FactSet, Everi Holdings Inc.’s share price will average $21.71 in the next year, based on opinions of analysts polled by the firm. This is up nearly 42.28 percent from its previous closing price of $14.76. Analysts expect Everi Holdings Inc. stock to reach the higher price of $25.00, while the lowest price estimate is $20.00. However, 7 analysts have rated EVRI stock as a Buy in their predictions for 2023.