Maximus Inc.’s recent filing unveils that its Director RAJAN GAYATHRI acquired Company’s shares for reported $4735.0 on Feb 29 ’24. In the deal valued at $84.06 per share,56 shares were bought. As a result of this transaction, RAJAN GAYATHRI now holds 15,839 shares worth roughly $1.29 million.
Then, Mutryn David sold 8,000 shares, generating $671,624 in total proceeds. Upon selling the shares at $83.95, the Chief Financial Officer now owns 5,124 shares.
Before that, Weipert Teresa sold 2,145 shares. Maximus Inc. shares valued at $182,737 were divested by the GM – US Federal Services at a price of $85.19 per share. As a result of the transaction, Weipert Teresa now holds 3,348 shares, worth roughly $0.27 million.
Raymond James downgraded its Maximus Inc. [MMS] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in mid August with a ‘”a Buy”‘ rating. Raymond James also remained covering MMS and has decreased its forecast on June 28, 2021 with a “an Outperform” recommendation from previously “Strong buy” rating. Raymond James revised its rating on July 08, 2020. It rated MMS as “a Strong buy” which previously was an “a Mkt perform”.
Price Performance Review of MMS
On Tuesday, Maximus Inc. [NYSE:MMS] saw its stock jump 0.20% to $81.31. Over the last five days, the stock has gained 0.64%. Maximus Inc. shares have fallen nearly -3.04% since the year began. Nevertheless, the stocks have risen 1.33% over the past one year. While a 52-week high of $89.69 was reached on 03/08/24, a 52-week low of $72.39 was recorded on 01/09/24. SMA at 50 days reached $82.66, while 200 days put it at $81.20. A total of 0.22 million shares were traded, compared to the trading of 0.25 million shares in the previous session.
Levels Of Support And Resistance For MMS Stock
The 24-hour chart illustrates a support level at 80.78, which if violated will result in even more drops to 80.26. On the upside, there is a resistance level at 81.60. A further resistance level may holdings at 81.90. The Relative Strength Index (RSI) on the 14-day chart is 44.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.18%. Stochastics %K at 25.98% indicates the stock is a holding.
How much short interest is there in Maximus Inc.?
A steep rise in short interest was recorded in Maximus Inc. stocks on Mar 28, 2024, dropping by 57060.0 shares to a total of 0.63 million shares. Yahoo Finance data shows the prior-month short interest on Feb 29, 2024 was 0.69 million shares. There was a decline of -9.03%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 1.89% of the overall stock float, the days-to-cover ratio (short ratio) fell to 2.32.
