Ensign Group Inc’s recent filing unveils that its VP and General Counsel Wittekind Beverly B. unloaded Company’s shares for reported $1.22 million on Mar 14 ’24. In the deal valued at $121.65 per share,10,000 shares were sold. As a result of this transaction, Wittekind Beverly B. now holds 37,912 shares worth roughly $4.46 million.
Then, Shaw Daren sold 6,000 shares, generating $718,005 in total proceeds. Upon selling the shares at $119.67, the Director now owns 31,375 shares.
Before that, Christensen Christopher R. sold 10,800 shares. Ensign Group Inc shares valued at $1,269,616 were divested by the Executive Chairman at a price of $117.56 per share. As a result of the transaction, Christensen Christopher R. now holds 147,400 shares, worth roughly $17.34 million.
Berenberg initiated its Ensign Group Inc [ENSG] rating to a Buy in a research note published on September 28, 2023; the price target was $110. Stephens also remained covering ENSG and has increased its forecast on November 11, 2020 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Stifel revised its rating on October 31, 2019. It rated ENSG as “a Buy” which previously was an “a Hold”.
Price Performance Review of ENSG
On Tuesday, Ensign Group Inc [NASDAQ:ENSG] saw its stock fall -0.86% to $117.67. Over the last five days, the stock has lost -1.74%. Ensign Group Inc shares have risen nearly 4.87% since the year began. Nevertheless, the stocks have risen 19.50% over the past one year. While a 52-week high of $127.57 was reached on 03/05/24, a 52-week low of $87.14 was recorded on 02/02/24. SMA at 50 days reached $121.87, while 200 days put it at $106.59. A total of 0.27 million shares were traded, compared to the trading of 0.2 million shares in the previous session.
Levels Of Support And Resistance For ENSG Stock
The 24-hour chart illustrates a support level at 116.55, which if violated will result in even more drops to 115.43. On the upside, there is a resistance level at 118.55. A further resistance level may holdings at 119.42. The Relative Strength Index (RSI) on the 14-day chart is 39.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.56%. Stochastics %K at 24.49% indicates the stock is a holding.
