In a filing, Playa Hotels & Resorts N.V. revealed its Director Peterson Karl Mr. unloaded Company’s shares for reported $47900.0 on Apr 09 ’24. In the deal valued at $9.58 per share,5,000 shares were sold. As a result of this transaction, Peterson Karl Mr. now holds 2,529,033 shares worth roughly $23.22 million.
Then, Peterson Karl Mr. sold 5,000 shares, generating $47,250 in total proceeds. Upon selling the shares at $9.45, the Director now owns 2,534,033 shares.
Before that, Buhler Brandon B sold 35,915 shares. Playa Hotels & Resorts N.V. shares valued at $324,672 were divested by the Chief Accounting Officer at a price of $9.04 per share. As a result of the transaction, Buhler Brandon B now holds 102,598 shares, worth roughly $0.94 million.
BofA Securities downgraded its Playa Hotels & Resorts N.V. [PLYA] rating to an Underperform from a a Buy in a research note published on June 26, 2023; the price target was decreased to $8 from $10. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “a Buy”. Truist also remained covering PLYA and has increased its forecast on May 09, 2022 with a “Buy” recommendation from previously “Hold” rating. Oppenheimer started covering the stock on April 22, 2022. It rated PLYA as “an Outperform”.
Price Performance Review of PLYA
On Tuesday, Playa Hotels & Resorts N.V. [NASDAQ:PLYA] saw its stock fall -0.33% to $9.18. Over the last five days, the stock has lost -3.87%. Playa Hotels & Resorts N.V. shares have risen nearly 6.13% since the year began. Nevertheless, the stocks have fallen -2.24% over the past one year. While a 52-week high of $9.84 was reached on 03/28/24, a 52-week low of $6.88 was recorded on 01/22/24. SMA at 50 days reached $9.24, while 200 days put it at $8.07. A total of 0.39 million shares were traded, compared to the trading of 0.48 million shares in the previous session.
Levels Of Support And Resistance For PLYA Stock
The 24-hour chart illustrates a support level at 9.10, which if violated will result in even more drops to 9.02. On the upside, there is a resistance level at 9.25. A further resistance level may holdings at 9.31. The Relative Strength Index (RSI) on the 14-day chart is 39.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.23%. Stochastics %K at 6.92% indicates the stock is a buying.
The most recent change occurred on April 13, 2021 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $10 price target.
