WW International Inc’s recent filing unveils that its General Counsel and Secretary COLOSI MICHAEL F unloaded Company’s shares for reported $0.18 million on Dec 01 ’23. In the deal valued at $7.04 per share,25,900 shares were sold. As a result of this transaction, COLOSI MICHAEL F now holds 0 shares worth roughly $0.0.
Then, COLOSI MICHAEL F sold 20,000 shares, generating $144,314 in total proceeds. Upon selling the shares at $7.22, the General Counsel and Secretary now owns 25,900 shares.
Before that, KELLY DENIS F bought 16,000 shares. WW International Inc shares valued at $109,760 were divested by the Director at a price of $6.86 per share. As a result of the transaction, KELLY DENIS F now holds 96,921 shares, worth roughly $0.17 million.
Barclays initiated its WW International Inc [WW] rating to an Underweight in a research note published on January 03, 2024; the price target was $8. Craig Hallum also remained covering WW and has increased its forecast on September 27, 2023 with a “Hold” recommendation from previously “Sell” rating. Morgan Stanley revised its rating on July 26, 2023. It rated WW as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of WW
On Monday, WW International Inc [NASDAQ:WW] saw its stock fall -4.44% to $1.72. Over the last five days, the stock has lost -6.01%. WW International Inc shares have fallen nearly -80.34% since the year began. Nevertheless, the stocks have fallen -76.60% over the past one year. While a 52-week high of $13.31 was reached on 01/02/24, a 52-week low of $1.56 was recorded on 04/05/24. SMA at 50 days reached $2.8904, while 200 days put it at $7.1471. A total of 3.51 million shares were traded, compared to the trading of 4.32 million shares in the previous session.
Levels Of Support And Resistance For WW Stock
The 24-hour chart illustrates a support level at 1.6567, which if violated will result in even more drops to 1.5933. On the upside, there is a resistance level at 1.8067. A further resistance level may holdings at 1.8933. The Relative Strength Index (RSI) on the 14-day chart is 36.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0064, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.23%. Stochastics %K at 38.46% indicates the stock is a holding.
