KBR Inc’s recently made public that its EVP, Chief People Officer Myles Jennifer unloaded Company’s shares for reported $0.47 million on Feb 22 ’24. In the deal valued at $58.95 per share,8,000 shares were sold. As a result of this transaction, Myles Jennifer now holds 38,524 shares worth roughly $2.39 million.
Then, SOPP MARK W bought 5,000 shares, generating $257,674 in total proceeds. Upon buying the shares at $51.53, the EVP & Chief Financial Officer now owns 147,178 shares.
Before that, Bright William Byron Jr. sold 20,000 shares. KBR Inc shares valued at $1,213,522 were divested by the President Gov’t Solutions US at a price of $60.68 per share. As a result of the transaction, Bright William Byron Jr. now holds 57,986 shares, worth roughly $3.59 million.
DA Davidson revised its rating on March 04, 2022. It rated KBR as “a Buy” which previously was an “a Neutral”.
Price Performance Review of KBR
On Tuesday, KBR Inc [NYSE:KBR] saw its stock jump 0.49% to $61.98. Over the last five days, the stock has lost -3.53%. KBR Inc shares have risen nearly 11.86% since the year began. Nevertheless, the stocks have risen 9.82% over the past one year. While a 52-week high of $65.87 was reached on 04/08/24, a 52-week low of $49.37 was recorded on 01/25/24. SMA at 50 days reached $59.98, while 200 days put it at $58.28. A total of 1.26 million shares were traded, compared to the trading of 1.15 million shares in the previous session.
Levels Of Support And Resistance For KBR Stock
The 24-hour chart illustrates a support level at 61.43, which if violated will result in even more drops to 60.88. On the upside, there is a resistance level at 62.37. A further resistance level may holdings at 62.76. The Relative Strength Index (RSI) on the 14-day chart is 49.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.64%. Stochastics %K at 23.23% indicates the stock is a holding.
