Vail Resorts Inc.’s recently made public that its Director Vaughn Peter A unloaded Company’s shares for reported $0.22 million on Mar 13 ’24. In the deal valued at $222.77 per share,1,000 shares were sold. As a result of this transaction, Vaughn Peter A now holds 7,592 shares worth roughly $1.54 million.
Then, SCHNEIDER HILARY sold 2,565 shares, generating $580,716 in total proceeds. Upon selling the shares at $226.40, the Director now owns 14,799 shares.
Mizuho initiated its Vail Resorts Inc. [MTN] rating to a Buy in a research note published on March 26, 2024; the price target was $256. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Neutral”. Morgan Stanley began covering MTN with “an Equal-weight” recommendation on September 27, 2023. JP Morgan maintained its rating on September 26, 2023. It rated MTN as “a Neutral”.
Price Performance Review of MTN
On Monday, Vail Resorts Inc. [NYSE:MTN] saw its stock fall -0.14% to $202.65. Over the last five days, the stock has lost -10.53%. Vail Resorts Inc. shares have fallen nearly -5.07% since the year began. Nevertheless, the stocks have fallen -18.09% over the past one year. While a 52-week high of $258.13 was reached on 02/22/24, a 52-week low of $202.74 was recorded on 04/22/24. SMA at 50 days reached $224.49, while 200 days put it at $225.72. A total of 0.74 million shares were traded, compared to the trading of 1.69 million shares in the previous session.
Levels Of Support And Resistance For MTN Stock
The 24-hour chart illustrates a support level at 200.59, which if violated will result in even more drops to 198.53. On the upside, there is a resistance level at 204.63. A further resistance level may holdings at 206.61. The Relative Strength Index (RSI) on the 14-day chart is 25.26, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -16.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.53%. Stochastics %K at 2.74% indicates the stock is a buying.
