Douglas Dynamics Inc’s recent filing unveils that its President and CEO McCormick Robert L unloaded Company’s shares for reported $0.36 million on Mar 11 ’24. In the deal valued at $24.73 per share,14,417 shares were sold. As a result of this transaction, McCormick Robert L now holds 91,832 shares worth roughly $2.0 million.
Then, Lauber Sarah C sold 4,729 shares, generating $117,347 in total proceeds. Upon selling the shares at $24.81, the EVP & CFO now owns 43,560 shares.
Before that, Evans Linda R sold 1,527 shares. Douglas Dynamics Inc shares valued at $37,988 were divested by the CHRO at a price of $24.88 per share. As a result of the transaction, Evans Linda R now holds 31,727 shares, worth roughly $0.69 million.
Robert W. Baird downgraded its Douglas Dynamics Inc [PLOW] rating to a Neutral from a an Outperform in a research note published on April 08, 2024; the price target was decreased to $25 from $36. A number of analysts have revised their coverage, including DA Davidson’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. Robert W. Baird also remained covering PLOW and has increased its forecast on February 03, 2021 with a “an Outperform” recommendation from previously “Neutral” rating. Sidoti revised its rating on March 12, 2020. It rated PLOW as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PLOW
On Tuesday, Douglas Dynamics Inc [NYSE:PLOW] saw its stock jump 0.55% to $21.77. Over the last five days, the stock has lost -6.24%. Douglas Dynamics Inc shares have fallen nearly -26.65% since the year began. Nevertheless, the stocks have fallen -26.73% over the past one year. While a 52-week high of $35.39 was reached on 01/02/24, a 52-week low of $21.52 was recorded on 04/16/24. SMA at 50 days reached $24.07, while 200 days put it at $27.94. A total of 0.25 million shares were traded, compared to the trading of 0.2 million shares in the previous session.
Levels Of Support And Resistance For PLOW Stock
The 24-hour chart illustrates a support level at 21.51, which if violated will result in even more drops to 21.24. On the upside, there is a resistance level at 21.95. A further resistance level may holdings at 22.12. The Relative Strength Index (RSI) on the 14-day chart is 34.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.20%. Stochastics %K at 5.34% indicates the stock is a buying.
