AT&T, Inc.’s recently made public that its Director LUCZO STEPHEN J acquired Company’s shares for reported $0.97 million on Nov 13 ’23. In the deal valued at $15.55 per share,62,500 shares were bought. As a result of this transaction, LUCZO STEPHEN J now holds 395,500 shares worth roughly $6.45 million.
Wolfe Research upgraded its AT&T, Inc. [T] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early February from “a Neutral” to “an Overweight”. Oppenheimer also remained covering T and has increased its forecast on January 19, 2024 with a “an Outperform” recommendation from previously “Perform” rating. Scotiabank revised its rating on October 20, 2023. It rated T as “a Sector outperform” which previously was an “a Sector perform”.
Price Performance Review of T
On Friday, AT&T, Inc. [NYSE:T] saw its stock fall -0.67% to $16.31. Over the last five days, the stock has lost -6.37%. AT&T, Inc. shares have fallen nearly -2.80% since the year began. Nevertheless, the stocks have fallen -17.50% over the past one year. While a 52-week high of $19.99 was reached on 02/01/24, a 52-week low of $13.43 was recorded on 01/11/24. SMA at 50 days reached $17.13, while 200 days put it at $15.89. A total of 37.81 million shares were traded, compared to the trading of 40.83 million shares in the previous session.
Levels Of Support And Resistance For T Stock
The 24-hour chart illustrates a support level at 16.22, which if violated will result in even more drops to 16.13. On the upside, there is a resistance level at 16.43. A further resistance level may holdings at 16.55. The Relative Strength Index (RSI) on the 14-day chart is 30.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.47%. Stochastics %K at 9.33% indicates the stock is a buying.
