KD Logo

Examining the Potential Price Growth of Korn Ferry (KFY)

Korn Ferry’s recent filing unveils that its Director Leamon Jerry unloaded Company’s shares for reported $0.66 million on Mar 08 ’24. In the deal valued at $65.80 per share,10,000 shares were sold. As a result of this transaction, Leamon Jerry now holds 16,802 shares worth roughly $1.02 million.

William Blair upgraded its Korn Ferry [KFY] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid September with a ‘”a Neutral”‘ rating. William Blair also remained covering KFY and has decreased its forecast on November 25, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Robert W. Baird revised its rating on November 25, 2020. It rated KFY as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of KFY

On Tuesday, Korn Ferry [NYSE:KFY] saw its stock fall -0.61% to $60.47. Over the last five days, the stock has lost -6.19%. Korn Ferry shares have risen nearly 1.89% since the year began. Nevertheless, the stocks have risen 18.15% over the past one year. While a 52-week high of $69.69 was reached on 03/06/24, a 52-week low of $44.45 was recorded on 01/10/24. SMA at 50 days reached $62.45, while 200 days put it at $54.52. A total of 0.29 million shares were traded, compared to the trading of 0.2 million shares in the previous session.

Levels Of Support And Resistance For KFY Stock

The 24-hour chart illustrates a support level at 60.12, which if violated will result in even more drops to 59.77. On the upside, there is a resistance level at 60.77. A further resistance level may holdings at 61.07. The Relative Strength Index (RSI) on the 14-day chart is 35.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.75%. Stochastics %K at 3.67% indicates the stock is a buying.

Most Popular

[the_ad id="945"]