ExlService Holdings Inc’s filing revealed that its EVP & Gen Counsel/Corp. Sec’y. AYYAPPAN AJAY unloaded Company’s shares for reported $0.29 million on Mar 12 ’24. In the deal valued at $31.59 per share,9,259 shares were sold. As a result of this transaction, AYYAPPAN AJAY now holds 50,693 shares worth roughly $1.49 million.
Then, Bhalla Vikas sold 23,760 shares, generating $748,678 in total proceeds. Upon selling the shares at $31.51, the EVP & Head of Outsourcing now owns 127,046 shares.
Before that, Bhalla Vikas sold 25,995 shares. ExlService Holdings Inc shares valued at $733,839 were divested by the EVP & Head of Outsourcing at a price of $28.23 per share. As a result of the transaction, Bhalla Vikas now holds 75,730 shares, worth roughly $2.23 million.
Citigroup upgraded its ExlService Holdings Inc [EXLS] rating to a Buy from a a Neutral in a research note published on January 17, 2024; the price target was increased to $36 from $29. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid September with a ‘”a Hold”‘ rating. Citigroup also remained covering EXLS and has increased its forecast on March 15, 2023 with a “Neutral” recommendation from previously “Sell” rating. Needham revised its rating on July 29, 2022. It rated EXLS as “a Buy” which previously was an “a Hold”.
Price Performance Review of EXLS
On Tuesday, ExlService Holdings Inc [NASDAQ:EXLS] saw its stock fall -1.67% to $29.46. Over the last five days, the stock has lost -4.81%. ExlService Holdings Inc shares have fallen nearly -4.51% since the year began. Nevertheless, the stocks have fallen -12.49% over the past one year. While a 52-week high of $35.94 was reached on 01/23/24, a 52-week low of $25.17 was recorded on 04/05/24. SMA at 50 days reached $30.82, while 200 days put it at $29.59. A total of 1.24 million shares were traded, compared to the trading of 1.16 million shares in the previous session.
Levels Of Support And Resistance For EXLS Stock
The 24-hour chart illustrates a support level at 29.27, which if violated will result in even more drops to 29.09. On the upside, there is a resistance level at 29.71. A further resistance level may holdings at 29.97. The Relative Strength Index (RSI) on the 14-day chart is 41.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.43%. Stochastics %K at 44.77% indicates the stock is a holding.
