KD Logo

Service Corp. International (SCI) gets rating Initiated from UBS

Service Corp. International’s recent filing unveils that its Director COELHO TONY unloaded Company’s shares for reported $0.67 million on Mar 13 ’24. In the deal valued at $75.39 per share,8,950 shares were sold. As a result of this transaction, COELHO TONY now holds 60,887 shares worth roughly $ 4.19 million.

Then, WARING SUMNER J III sold 50,000 shares, generating $3,753,449 in total proceeds. Upon selling the shares at $75.07, the Sr.VP& Chief Operating Officer now owns 289,400 shares.

Before that, RYAN THOMAS L sold 50,000 shares. Service Corp. International shares valued at $3,770,555 were divested by the President, CEO & Chairman at a price of $75.41 per share. As a result of the transaction, RYAN THOMAS L now holds 988,365 shares, worth roughly $67.99 million.

UBS initiated its Service Corp. International [SCI] rating to a Buy in a research note published on November 30, 2023; the price target was $72. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. Raymond James also remained covering SCI and has decreased its forecast on February 20, 2019 with a “an Outperform” recommendation from previously “Strong buy” rating.

Price Performance Review of SCI

On Friday, Service Corp. International [NYSE:SCI] saw its stock jump 0.78% to $68.79. Over the last five days, the stock has lost -1.46%. Service Corp. International shares have risen nearly 0.50% since the year began. Nevertheless, the stocks have fallen -2.62% over the past one year. While a 52-week high of $75.97 was reached on 03/07/24, a 52-week low of $52.89 was recorded on 02/06/24. SMA at 50 days reached $72.02, while 200 days put it at $65.04. A total of 1.06 million shares were traded, compared to the trading of 0.69 million shares in the previous session.

Levels Of Support And Resistance For SCI Stock

The 24-hour chart illustrates a support level at 68.19, which if violated will result in even more drops to 67.59. On the upside, there is a resistance level at 69.16. A further resistance level may holdings at 69.53. The Relative Strength Index (RSI) on the 14-day chart is 33.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.98%. Stochastics %K at 7.24% indicates the stock is a buying.

The most recent change occurred on August 02, 2016 when Wells Fargo began covering the stock and recommended ‘”a Market perform”‘ rating .

Most Popular

[the_ad id="945"]