KD Logo

Ball Corp. [BALL] Investment Appeal on the Rise

Ball Corp.’s recently made public that its President & C.E.O. Fisher Daniel William acquired Company’s shares for reported $0.25 million on Mar 14 ’24. In the deal valued at $64.56 per share,3,869 shares were bought. As a result of this transaction, Fisher Daniel William now holds 111,866 shares worth roughly $7.33 million.

Then, Lewis Ronald J. bought 4,637 shares, generating $249,976 in total proceeds. Upon buying the shares at $53.91, the SR VP & COO now owns 29,797 shares.

Before that, Goodwin Deron sold 500 shares. Ball Corp. shares valued at $26,425 were divested by the Vice President & Treasurer at a price of $52.85 per share. As a result of the transaction, Goodwin Deron now holds 12,001 shares, worth roughly $0.79 million.

Barclays downgraded its Ball Corp. [BALL] rating to an Equal weight from a an Overweight in a research note published on April 04, 2024; the price target was increased to $71 from $66. Morgan Stanley began covering BALL with “an Equal-weight” recommendation on March 18, 2024. BofA Securities revised its rating on March 04, 2024. It rated BALL as “a Buy” which previously was an “an Underperform”.

Price Performance Review of BALL

On Friday, Ball Corp. [NYSE:BALL] saw its stock fall -1.25% to $65.52. Over the last five days, the stock has lost -1.43%. Ball Corp. shares have risen nearly 13.91% since the year began. Nevertheless, the stocks have risen 29.10% over the past one year. While a 52-week high of $67.97 was reached on 04/01/24, a 52-week low of $42.81 was recorded on 01/19/24. SMA at 50 days reached $63.83, while 200 days put it at $56.18. A total of 1.98 million shares were traded, compared to the trading of 1.24 million shares in the previous session.

Levels Of Support And Resistance For BALL Stock

The 24-hour chart illustrates a support level at 65.08, which if violated will result in even more drops to 64.64. On the upside, there is a resistance level at 66.07. A further resistance level may holdings at 66.62. The Relative Strength Index (RSI) on the 14-day chart is 49.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.13%. Stochastics %K at 35.26% indicates the stock is a holding.

The most recent change occurred on March 01, 2024 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating.

Most Popular

[the_ad id="945"]