Atlantic Union Bankshares Corp’s recently made public that its Director KIMBLE DONALD R acquired Company’s shares for reported $0.25 million on Mar 08 ’24. In the deal valued at $35.13 per share,7,000 shares were bought. As a result of this transaction, KIMBLE DONALD R now holds 7,582 shares worth roughly $0.24 million.
Stephens initiated its Atlantic Union Bankshares Corp [AUB] rating to an Overweight in a research note published on September 13, 2023; the price target was $36. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in early April from “an Outperform” to “a Mkt perform”.
Price Performance Review of AUB
On Tuesday, Atlantic Union Bankshares Corp [NYSE:AUB] saw its stock fall -0.25% to $31.80. Over the last five days, the stock has lost -6.94%. Atlantic Union Bankshares Corp shares have fallen nearly -12.97% since the year began. Nevertheless, the stocks have fallen -3.31% over the past one year. While a 52-week high of $37.86 was reached on 01/02/24, a 52-week low of $23.32 was recorded on 04/16/24. SMA at 50 days reached $33.65, while 200 days put it at $31.87. A total of 0.45 million shares were traded, compared to the trading of 0.27 million shares in the previous session.
Levels Of Support And Resistance For AUB Stock
The 24-hour chart illustrates a support level at 31.57, which if violated will result in even more drops to 31.35. On the upside, there is a resistance level at 31.95. A further resistance level may holdings at 32.10. The Relative Strength Index (RSI) on the 14-day chart is 36.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.10%. Stochastics %K at 6.40% indicates the stock is a buying.
The most recent change occurred on November 29, 2022 when Hovde Group began covering the stock and recommended ‘”an Outperform”‘ rating along with a $41 price target.
