Douglas Elliman Inc’s recent filing unveils that its Executive Vice President & COO LAMPEN RICHARD acquired Company’s shares for reported $16946.0 on Nov 21 ’23. In the deal valued at $1.69 per share,10,000 shares were bought. As a result of this transaction, LAMPEN RICHARD now holds 1,621,097 shares worth roughly $2.59 million.
Then, LAMPEN RICHARD bought 10,000 shares, generating $17,433 in total proceeds. Upon buying the shares at $1.74, the Executive Vice President & COO now owns 1,611,097 shares.
Before that, KRAMER RONALD J bought 20,000 shares. Douglas Elliman Inc shares valued at $51,600 were divested by the Director at a price of $2.58 per share. As a result of the transaction, KRAMER RONALD J now holds 93,500 shares, worth roughly $0.15 million.
BTIG Research initiated its Douglas Elliman Inc [DOUG] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating.
Price Performance Review of DOUG
On Friday, Douglas Elliman Inc [NYSE:DOUG] saw its stock fall -1.23% to $1.60. Over the last five days, the stock has gained 1.27%. Douglas Elliman Inc shares have fallen nearly -45.76% since the year began. Nevertheless, the stocks have fallen -45.81% over the past one year. While a 52-week high of $3.24 was reached on 01/02/24, a 52-week low of $1.38 was recorded on 04/03/24. SMA at 50 days reached $1.8494, while 200 days put it at $2.1334. A total of 0.52 million shares were traded, compared to the trading of 0.85 million shares in the previous session.
Levels Of Support And Resistance For DOUG Stock
The 24-hour chart illustrates a support level at 1.5600, which if violated will result in even more drops to 1.5200. On the upside, there is a resistance level at 1.6500. A further resistance level may holdings at 1.7000. The Relative Strength Index (RSI) on the 14-day chart is 43.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0062, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.60%. Stochastics %K at 40.02% indicates the stock is a holding.
How much short interest is there in Douglas Elliman Inc?
A steep rise in short interest was recorded in Douglas Elliman Inc stocks on Mar 15, 2024, growing by 0.57 million shares to a total of 0.99 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 0.42 million shares. There was a rise of 57.28%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 1.61% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.09.
