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Understanding the Risks of Investing in LiveRamp Holdings Inc (RAMP)

In a filing, LiveRamp Holdings Inc revealed its CHIEF TECHNOLOGY OFFICER Hussain Mohsin unloaded Company’s shares for reported $0.47 million on Feb 15 ’24. In the deal valued at $37.27 per share,12,480 shares were sold. As a result of this transaction, Hussain Mohsin now holds 80,753 shares worth roughly $2.6 million.

Then, CADOGAN TIMOTHY R. sold 1,500 shares, generating $55,500 in total proceeds. Upon selling the shares at $37.00, the Director now owns 51,016 shares.

Before that, CADOGAN TIMOTHY R. sold 1,500 shares. LiveRamp Holdings Inc shares valued at $57,465 were divested by the Director at a price of $38.31 per share. As a result of the transaction, CADOGAN TIMOTHY R. now holds 51,431 shares, worth roughly $1.66 million.

A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who increased its forecast for the stock in late June from “a Hold” to “a Buy”. The Benchmark Company began covering RAMP with “Hold” recommendation on September 20, 2022. BMO Capital Markets revised its rating on March 15, 2022. It rated RAMP as “an Outperform” which previously was an “a Market perform”.

Price Performance Review of RAMP

On Monday, LiveRamp Holdings Inc [NYSE:RAMP] saw its stock fall -4.27% to $32.25. Over the last five days, the stock has lost -8.82%. LiveRamp Holdings Inc shares have fallen nearly -14.86% since the year began. Nevertheless, the stocks have risen 40.46% over the past one year. While a 52-week high of $42.66 was reached on 01/18/24, a 52-week low of $22.17 was recorded on 04/15/24. SMA at 50 days reached $35.48, while 200 days put it at $32.81. A total of 0.71 million shares were traded, compared to the trading of 0.33 million shares in the previous session.

Levels Of Support And Resistance For RAMP Stock

The 24-hour chart illustrates a support level at 31.59, which if violated will result in even more drops to 30.94. On the upside, there is a resistance level at 33.30. A further resistance level may holdings at 34.36. The Relative Strength Index (RSI) on the 14-day chart is 36.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.62%. Stochastics %K at 15.24% indicates the stock is a buying.

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