In a filing, OneSpaWorld Holdings Limited revealed its Director McLallen Walter Field unloaded Company’s shares for reported $0.2 million on Mar 14 ’24. In the deal valued at $13.04 per share,15,000 shares were sold. As a result of this transaction, McLallen Walter Field now holds 194,422 shares worth roughly $2.54 million.
Then, Banikarim Maryam sold 6,411 shares, generating $83,797 in total proceeds. Upon selling the shares at $13.07, the Director now owns 75,765 shares.
Before that, HEYER ANDREW R sold 9,000 shares. OneSpaWorld Holdings Limited shares valued at $116,988 were divested by the Director at a price of $13.00 per share. As a result of the transaction, HEYER ANDREW R now holds 473,145 shares, worth roughly $6.17 million.
Loop Capital upgraded its OneSpaWorld Holdings Limited [OSW] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who began to cover the stock in mid April with a ‘”a Hold”‘ rating. Cowen began covering OSW with “an Outperform” recommendation on December 14, 2022. Truist started covering the stock on November 02, 2022. It rated OSW as “a Buy”.
Price Performance Review of OSW
On Tuesday, OneSpaWorld Holdings Limited [NASDAQ:OSW] saw its stock jump 1.01% to $13.05. Over the last five days, the stock has lost -0.08%. OneSpaWorld Holdings Limited shares have fallen nearly -7.45% since the year began. Nevertheless, the stocks have risen 12.40% over the past one year. While a 52-week high of $15.12 was reached on 02/15/24, a 52-week low of $9.82 was recorded on 03/11/24. SMA at 50 days reached $13.42, while 200 days put it at $12.26. A total of 0.26 million shares were traded, compared to the trading of 0.54 million shares in the previous session.
Levels Of Support And Resistance For OSW Stock
The 24-hour chart illustrates a support level at 12.88, which if violated will result in even more drops to 12.70. On the upside, there is a resistance level at 13.15. A further resistance level may holdings at 13.25. The Relative Strength Index (RSI) on the 14-day chart is 49.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.48%. Stochastics %K at 42.24% indicates the stock is a holding.
How much short interest is there in OneSpaWorld Holdings Limited?
A steep rise in short interest was recorded in OneSpaWorld Holdings Limited stocks on Mar 15, 2024, dropping by -0.11 million shares to a total of 2.94 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 3.05 million shares. There was a decline of -3.74%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 3.73% of the overall stock float, the days-to-cover ratio (short ratio) fell to 3.37.
