Rush Street Interactive Inc’s recently made public that its Chief Executive Officer SCHWARTZ RICHARD TODD unloaded Company’s shares for reported $0.71 million on Apr 02 ’24. In the deal valued at $6.67 per share,106,439 shares were sold. As a result of this transaction, SCHWARTZ RICHARD TODD now holds 2,048,179 shares worth roughly $13.4 million.
Then, SCHWARTZ RICHARD TODD sold 101,951 shares, generating $691,126 in total proceeds. Upon selling the shares at $6.78, the Chief Executive Officer now owns 2,154,618 shares.
Before that, STETZ MATTIAS sold 88,431 shares. Rush Street Interactive Inc shares valued at $567,948 were divested by the Chief Operating Officer at a price of $6.42 per share. As a result of the transaction, STETZ MATTIAS now holds 603,614 shares, worth roughly $3.95 million.
JMP Securities downgraded its Rush Street Interactive Inc [RSI] rating to a Mkt perform from a a Mkt outperform in a research note published recently. A number of analysts have revised their coverage, including Susquehanna’s analysts, who decreased its forecast for the stock in early March from “a Positive” to “a Neutral”. Susquehanna also remained covering RSI and has increased its forecast on April 06, 2023 with a “Positive” recommendation from previously “Neutral” rating. Susquehanna started covering the stock on July 20, 2022. It rated RSI as “a Neutral”.
Price Performance Review of RSI
On Monday, Rush Street Interactive Inc [NYSE:RSI] saw its stock fall -2.24% to $6.54. Over the last five days, the stock has lost -7.63%. Rush Street Interactive Inc shares have risen nearly 45.66% since the year began. Nevertheless, the stocks have risen 110.97% over the past one year. While a 52-week high of $7.31 was reached on 03/07/24, a 52-week low of $2.85 was recorded on 01/16/24. SMA at 50 days reached $6.06, while 200 days put it at $4.68. A total of 0.97 million shares were traded, compared to the trading of 0.72 million shares in the previous session.
Levels Of Support And Resistance For RSI Stock
The 24-hour chart illustrates a support level at 6.41, which if violated will result in even more drops to 6.29. On the upside, there is a resistance level at 6.71. A further resistance level may holdings at 6.89. The Relative Strength Index (RSI) on the 14-day chart is 52.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.71%. Stochastics %K at 48.61% indicates the stock is a holding.
The most recent change occurred on June 28, 2022 when JMP Securities began covering the stock and recommended ‘”a Mkt outperform”‘ rating along with a $12 price target.
