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JMP Securities gives a Mkt outperform recommendation for AMN Healthcare Services Inc. (AMN)

In a filing, AMN Healthcare Services Inc. revealed its Director Caballero Jorge A. acquired Company’s shares for reported $0.11 million on Mar 06 ’24. In the deal valued at $56.80 per share,2,000 shares were bought. As a result of this transaction, Caballero Jorge A. now holds 2,437 shares worth roughly $0.14 million.

Then, Fontenot Teri G. bought 1,732 shares, generating $99,832 in total proceeds. Upon buying the shares at $57.64, the Director now owns 4,558 shares.

Before that, HARRIS R JEFFREY bought 2,640 shares. AMN Healthcare Services Inc. shares valued at $150,401 were divested by the Director at a price of $56.97 per share. As a result of the transaction, HARRIS R JEFFREY now holds 54,237 shares, worth roughly $3.07 million.

JMP Securities initiated its AMN Healthcare Services Inc. [AMN] rating to a Mkt outperform in a research note published on December 06, 2023; the price target was $85. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Hold”. Jefferies also remained covering AMN and has decreased its forecast on November 03, 2023 with a “Hold” recommendation from previously “Buy” rating. BofA Securities revised its rating on August 04, 2023. It rated AMN as “a Neutral” which previously was an “a Buy”.

Price Performance Review of AMN

On Friday, AMN Healthcare Services Inc. [NYSE:AMN] saw its stock fall -0.93% to $56.63. Over the last five days, the stock has lost -2.33%. AMN Healthcare Services Inc. shares have fallen nearly -24.37% since the year began. Nevertheless, the stocks have fallen -34.46% over the past one year. While a 52-week high of $112.44 was reached on 01/10/24, a 52-week low of $53.77 was recorded on 02/26/24. SMA at 50 days reached $63.11, while 200 days put it at $77.72. A total of 0.77 million shares were traded, compared to the trading of 0.89 million shares in the previous session.

Levels Of Support And Resistance For AMN Stock

The 24-hour chart illustrates a support level at 55.86, which if violated will result in even more drops to 55.09. On the upside, there is a resistance level at 57.25. A further resistance level may holdings at 57.87. The Relative Strength Index (RSI) on the 14-day chart is 38.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.05%. Stochastics %K at 15.14% indicates the stock is a buying.

The most recent change occurred on October 08, 2020 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $70 price target.

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