Destination XL Group Inc’s filing revealed that its General Counsel & Secretary Molloy Robert S unloaded Company’s shares for reported $80006.0 on Feb 15 ’24. In the deal valued at $4.00 per share,20,000 shares were sold. As a result of this transaction, Molloy Robert S now holds 240,409 shares worth roughly $0.8 million.
Then, Molloy Robert S sold 20,000 shares, generating $80,114 in total proceeds. Upon selling the shares at $4.01, the General Counsel & Secretary now owns 240,409 shares.
Before that, Molloy Robert S sold 20,000 shares. Destination XL Group Inc shares valued at $81,212 were divested by the General Counsel & Secretary at a price of $4.06 per share. As a result of the transaction, Molloy Robert S now holds 240,409 shares, worth roughly $0.8 million.
Craig Hallum downgraded its Destination XL Group Inc [DXLG] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including DA Davidson’s analysts, who began to cover the stock in mid September with a ‘”a Buy”‘ rating.
Price Performance Review of DXLG
On Tuesday, Destination XL Group Inc [NASDAQ:DXLG] saw its stock jump 1.83% to $3.33. Over the last five days, the stock has gained 1.83%. Destination XL Group Inc shares have fallen nearly -24.32% since the year began. Nevertheless, the stocks have fallen -28.39% over the past one year. While a 52-week high of $5.36 was reached on 01/02/24, a 52-week low of $3.15 was recorded on 04/19/24. SMA at 50 days reached $3.62, while 200 days put it at $4.21. A total of 0.21 million shares were traded, compared to the trading of 0.1 million shares in the previous session.
Levels Of Support And Resistance For DXLG Stock
The 24-hour chart illustrates a support level at 3.27, which if violated will result in even more drops to 3.20. On the upside, there is a resistance level at 3.38. A further resistance level may holdings at 3.42. The Relative Strength Index (RSI) on the 14-day chart is 43.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.45%. Stochastics %K at 39.25% indicates the stock is a holding.
