Charles River Laboratories International Inc.’s recent filing unveils that its CSVP&Chief Accounting Officer Knell Michael Gunnar unloaded Company’s shares for reported $0.22 million on Mar 08 ’24. In the deal valued at $267.52 per share,808 shares were sold. As a result of this transaction, Knell Michael Gunnar now holds 7,024 shares worth roughly $1.63 million.
Then, Knell Michael Gunnar sold 2,750 shares, generating $717,890 in total proceeds. Upon selling the shares at $261.05, the CSVP&Chief Accounting Officer now owns 7,832 shares.
Before that, Creamer Victoria L sold 5,000 shares. Charles River Laboratories International Inc. shares valued at $1,268,500 were divested by the EVP & Chief People Officer at a price of $253.70 per share. As a result of the transaction, Creamer Victoria L now holds 13,550 shares, worth roughly $3.15 million.
Guggenheim downgraded its Charles River Laboratories International Inc. [CRL] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in mid September with a ‘”a Market perform”‘ rating. Citigroup also remained covering CRL and has decreased its forecast on July 10, 2023 with a “Neutral” recommendation from previously “Buy” rating. Guggenheim revised its rating on February 23, 2023. It rated CRL as “a Buy” which previously was an “a Neutral”.
Price Performance Review of CRL
On Tuesday, Charles River Laboratories International Inc. [NYSE:CRL] saw its stock fall -1.52% to $232.34. Over the last five days, the stock has lost -9.65%. Charles River Laboratories International Inc. shares have fallen nearly -1.72% since the year began. Nevertheless, the stocks have risen 14.07% over the past one year. While a 52-week high of $275.00 was reached on 03/08/24, a 52-week low of $161.65 was recorded on 01/17/24. SMA at 50 days reached $251.67, while 200 days put it at $215.55. A total of 0.34 million shares were traded, compared to the trading of 0.46 million shares in the previous session.
Levels Of Support And Resistance For CRL Stock
The 24-hour chart illustrates a support level at 230.52, which if violated will result in even more drops to 228.69. On the upside, there is a resistance level at 235.04. A further resistance level may holdings at 237.74. The Relative Strength Index (RSI) on the 14-day chart is 29.63, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -17.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.75%. Stochastics %K at 3.90% indicates the stock is a buying.
