Air Transport Services Group Inc’s recent filing unveils that its Chief Operating Officer Koharik Edward Joseph III acquired Company’s shares for reported $11946.0 on Nov 10 ’23. In the deal valued at $14.64 per share,816 shares were bought. As a result of this transaction, Koharik Edward Joseph III now holds 57,729 shares worth roughly $0.73 million.
Then, Berger Michael L bought 2,385 shares, generating $34,845 in total proceeds. Upon buying the shares at $14.61, the President now owns 52,354 shares.
Before that, Johns Raymond E Jr bought 1,705 shares. Air Transport Services Group Inc shares valued at $24,678 were divested by the Director at a price of $14.47 per share. As a result of the transaction, Johns Raymond E Jr now holds 25,048 shares, worth roughly $0.31 million.
Susquehanna downgraded its Air Transport Services Group Inc [ATSG] rating to a Neutral from a a Positive in a research note published on November 08, 2023; the price target was decreased to $15 from $26. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid September with a ‘”an Outperform”‘ rating. Truist began covering ATSG with “Hold” recommendation on October 21, 2022.
Price Performance Review of ATSG
On Tuesday, Air Transport Services Group Inc [NASDAQ:ATSG] saw its stock jump 1.29% to $12.56. Over the last five days, the stock has lost -4.56%. Air Transport Services Group Inc shares have fallen nearly -28.68% since the year began. Nevertheless, the stocks have fallen -38.88% over the past one year. While a 52-week high of $24.96 was reached on 01/02/24, a 52-week low of $11.62 was recorded on 03/19/24. SMA at 50 days reached $13.24, while 200 days put it at $17.43. A total of 0.39 million shares were traded, compared to the trading of 0.45 million shares in the previous session.
Levels Of Support And Resistance For ATSG Stock
The 24-hour chart illustrates a support level at 12.18, which if violated will result in even more drops to 11.79. On the upside, there is a resistance level at 12.85. A further resistance level may holdings at 13.13. The Relative Strength Index (RSI) on the 14-day chart is 43.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.43%. Stochastics %K at 12.77% indicates the stock is a buying.
