In a filing, Americold Realty Trust Inc revealed its insider NOVOSEL THOMAS C unloaded Company’s shares for reported $0.17 million on Dec 06 ’23. In the deal valued at $28.36 per share,6,000 shares were sold. As a result of this transaction, NOVOSEL THOMAS C now holds 4,616 shares worth roughly $0.11 million.
Then, CHAMBERS ROBERT SCOTT sold 9,100 shares, generating $256,802 in total proceeds. Upon selling the shares at $28.22, the EVP, Chief Commercial Officer now owns 0 shares.
Scotiabank initiated its Americold Realty Trust Inc [COLD] rating to a Sector perform in a research note published on March 27, 2024; the price target was $27. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in late February from “a Mkt perform” to “an Outperform”. Truist also remained covering COLD and has increased its forecast on January 16, 2024 with a “Buy” recommendation from previously “Hold” rating. RBC Capital Mkts revised its rating on May 08, 2023. It rated COLD as “an Outperform” which previously was an “a Sector perform”.
Price Performance Review of COLD
On Monday, Americold Realty Trust Inc [NYSE:COLD] saw its stock fall -2.09% to $23.44. Over the last five days, the stock has lost -2.01%. Americold Realty Trust Inc shares have fallen nearly -22.56% since the year began. Nevertheless, the stocks have fallen -17.07% over the past one year. While a 52-week high of $33.82 was reached on 01/08/24, a 52-week low of $23.47 was recorded on 04/15/24. SMA at 50 days reached $25.75, while 200 days put it at $28.97. A total of 2.34 million shares were traded, compared to the trading of 1.75 million shares in the previous session.
Levels Of Support And Resistance For COLD Stock
The 24-hour chart illustrates a support level at 23.14, which if violated will result in even more drops to 22.85. On the upside, there is a resistance level at 23.95. A further resistance level may holdings at 24.46. The Relative Strength Index (RSI) on the 14-day chart is 35.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.45%. Stochastics %K at 26.94% indicates the stock is a holding.
