Sun Country Airlines Holdings Inc’s recently made public that its SVP, GC, and Secretary Neale Erin Rose unloaded Company’s shares for reported $25362.0 on Apr 03 ’24. In the deal valued at $14.41 per share,1,760 shares were sold. As a result of this transaction, Neale Erin Rose now holds 35,232 shares worth roughly $0.51 million.
Then, Bricker Jude sold 2,145 shares, generating $30,783 in total proceeds. Upon selling the shares at $14.35, the Chief Executive Officer now owns 124,991 shares.
Before that, DAVIS DAVID M sold 958 shares. Sun Country Airlines Holdings Inc shares valued at $13,775 were divested by the President & CFO at a price of $14.38 per share. As a result of the transaction, DAVIS DAVID M now holds 44,480 shares, worth roughly $0.65 million.
Morgan Stanley upgraded its Sun Country Airlines Holdings Inc [SNCY] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Susquehanna’s analysts, who decreased its forecast for the stock in early January from “a Positive” to “a Neutral”. Cowen started covering the stock on September 06, 2022. It rated SNCY as “an Outperform”.
Price Performance Review of SNCY
On Friday, Sun Country Airlines Holdings Inc [NASDAQ:SNCY] saw its stock jump 3.12% to $14.56. Over the last five days, the stock has lost -3.51%. Sun Country Airlines Holdings Inc shares have fallen nearly -7.44% since the year began. Nevertheless, the stocks have fallen -26.17% over the past one year. While a 52-week high of $23.80 was reached on 02/28/24, a 52-week low of $11.96 was recorded on 01/17/24. SMA at 50 days reached $14.59, while 200 days put it at $15.78. A total of 0.82 million shares were traded, compared to the trading of 0.58 million shares in the previous session.
Levels Of Support And Resistance For SNCY Stock
The 24-hour chart illustrates a support level at 14.10, which if violated will result in even more drops to 13.63. On the upside, there is a resistance level at 14.82. A further resistance level may holdings at 15.07. The Relative Strength Index (RSI) on the 14-day chart is 52.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.04%. Stochastics %K at 55.14% indicates the stock is a holding.
How much short interest is there in Sun Country Airlines Holdings Inc?
A steep rise in short interest was recorded in Sun Country Airlines Holdings Inc stocks on Mar 15, 2024, growing by 0.93 million shares to a total of 2.8 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 1.87 million shares. There was a rise of 33.21%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 8.16% of the overall stock float, the days-to-cover ratio (short ratio) rose to 3.53.
