DXC Technology Co’s recent filing unveils that its Global Lead, Cloud Inf. & ITO Drumgoole Christopher unloaded Company’s shares for reported $0.2 million on Mar 14 ’24. In the deal valued at $20.33 per share,10,000 shares were sold. As a result of this transaction, Drumgoole Christopher now holds 214,682 shares worth roughly $4.32 million.
Then, Voci Christopher Anthony sold 2,500 shares, generating $51,494 in total proceeds. Upon selling the shares at $20.60, the SVP, Controller and PAO now owns 70,851 shares.
Before that, DECKELMAN WILLIAM L JR sold 18,102 shares. DXC Technology Co shares valued at $396,072 were divested by the EVP & General Counsel at a price of $21.88 per share. As a result of the transaction, DECKELMAN WILLIAM L JR now holds 106,704 shares, worth roughly $2.15 million.
Guggenheim initiated its DXC Technology Co [DXC] rating to a Neutral in a research note published on March 19, 2024; the price target was $22. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late January from “a Neutral” to “an Underweight”. Citigroup also remained covering DXC and has decreased its forecast on January 17, 2024 with a “Sell” recommendation from previously “Neutral” rating. Wolfe Research revised its rating on October 17, 2023. It rated DXC as “an Underperform” which previously was an “a Peer perform”.
Price Performance Review of DXC
On Monday, DXC Technology Co [NYSE:DXC] saw its stock fall -0.94% to $20.11. Over the last five days, the stock has lost -3.64%. DXC Technology Co shares have fallen nearly -12.07% since the year began. Nevertheless, the stocks have fallen -21.17% over the past one year. While a 52-week high of $28.89 was reached on 01/12/24, a 52-week low of $18.61 was recorded on 04/15/24. SMA at 50 days reached $21.13, while 200 days put it at $22.31. A total of 1.78 million shares were traded, compared to the trading of 1.71 million shares in the previous session.
Levels Of Support And Resistance For DXC Stock
The 24-hour chart illustrates a support level at 19.90, which if violated will result in even more drops to 19.69. On the upside, there is a resistance level at 20.42. A further resistance level may holdings at 20.73. The Relative Strength Index (RSI) on the 14-day chart is 41.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.88%. Stochastics %K at 20.46% indicates the stock is a holding.
