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Analyzing SEACOR Marine Holdings Inc (SMHI) After Recent Trading Activity

SEACOR Marine Holdings Inc’s filing revealed that its Director Persily Julie unloaded Company’s shares for reported $0.27 million on Nov 03 ’23. In the deal valued at $13.45 per share,20,000 shares were sold. As a result of this transaction, Persily Julie now holds 67,852 shares worth roughly $ 0.84 million.

Then, Regan Robert Christopher sold 20,000 shares, generating $266,400 in total proceeds. Upon selling the shares at $13.32, the Director now owns 46,874 shares.

Before that, Llorca Jesus sold 1,987 shares. SEACOR Marine Holdings Inc shares valued at $30,163 were divested by the EVP & CFO at a price of $15.18 per share. As a result of the transaction, Llorca Jesus now holds 376,297 shares, worth roughly $4.68 million.

B. Riley Securities initiated its SEACOR Marine Holdings Inc [SMHI] rating to a Buy in a research note published on December 01, 2023; the price target was $17.

Price Performance Review of SMHI

On Friday, SEACOR Marine Holdings Inc [NYSE:SMHI] saw its stock jump 3.75% to $12.45. Over the last five days, the stock has lost -5.82%. SEACOR Marine Holdings Inc shares have fallen nearly -1.11% since the year began. Nevertheless, the stocks have risen 49.28% over the past one year. While a 52-week high of $15.24 was reached on 04/04/24, a 52-week low of $7.51 was recorded on 02/05/24. SMA at 50 days reached $12.41, while 200 days put it at $12.28. A total of 0.52 million shares were traded, compared to the trading of 0.2 million shares in the previous session.

Levels Of Support And Resistance For SMHI Stock

The 24-hour chart illustrates a support level at 12.02, which if violated will result in even more drops to 11.58. On the upside, there is a resistance level at 12.75. A further resistance level may holdings at 13.04. The Relative Strength Index (RSI) on the 14-day chart is 40.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.94%. Stochastics %K at 7.05% indicates the stock is a buying.

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