Kirby Corp.’s recently made public that its VP – CIO MILLER SCOTT P unloaded Company’s shares for reported $48593.0 on Apr 11 ’24. In the deal valued at $99.78 per share,487 shares were sold. As a result of this transaction, MILLER SCOTT P now holds 1,000 shares worth roughly $96540.0.
Then, STRAHAN DORMAN LYNN sold 3,423 shares, generating $325,562 in total proceeds. Upon selling the shares at $95.11, the President-Kirby Engine Systems now owns 21,054 shares.
Before that, MILLER SCOTT P sold 6,705 shares. Kirby Corp. shares valued at $637,310 were divested by the VP – CIO at a price of $95.05 per share. As a result of the transaction, MILLER SCOTT P now holds 1,000 shares, worth roughly $96540.0.
BTIG Research upgraded its Kirby Corp. [KEX] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in mid October from “a Hold” to “a Buy”. Gabelli & Co also remained covering KEX and has decreased its forecast on May 07, 2021 with a “Hold” recommendation from previously “Buy” rating. BofA Securities revised its rating on November 18, 2020. It rated KEX as “a Buy” which previously was an “a Neutral”.
Price Performance Review of KEX
On Tuesday, Kirby Corp. [NYSE:KEX] saw its stock fall -0.62% to $96.54. Over the last five days, the stock has lost -3.46%. Kirby Corp. shares have risen nearly 23.01% since the year began. Nevertheless, the stocks have risen 38.95% over the past one year. While a 52-week high of $101.17 was reached on 04/09/24, a 52-week low of $66.42 was recorded on 01/11/24. SMA at 50 days reached $90.34, while 200 days put it at $82.08. A total of 0.32 million shares were traded, compared to the trading of 0.36 million shares in the previous session.
Levels Of Support And Resistance For KEX Stock
The 24-hour chart illustrates a support level at 96.00, which if violated will result in even more drops to 95.45. On the upside, there is a resistance level at 97.03. A further resistance level may holdings at 97.51. The Relative Strength Index (RSI) on the 14-day chart is 60.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.41%. Stochastics %K at 51.56% indicates the stock is a holding.
The most recent change occurred on April 16, 2020 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating along with a $65 price target.
