In a filing, Plymouth Industrial Reit Inc revealed its Director WHITE PENDLETON P acquired Company’s shares for reported $86320.0 on Mar 14 ’24. In the deal valued at $21.58 per share,4,000 shares were bought. As a result of this transaction, WHITE PENDLETON P now holds 4,000 shares worth roughly $84720.0.
Barclays initiated its Plymouth Industrial Reit Inc [PLYM] rating to an Equal weight in a research note published on March 27, 2024; the price target was $22. A number of analysts have revised their coverage, including JMP Securities’s analysts, who increased its forecast for the stock in late January from “a Mkt perform” to “a Mkt outperform”. JP Morgan also remained covering PLYM and has decreased its forecast on December 18, 2023 with a “an Underweight” recommendation from previously “Neutral” rating. Exane BNP Paribas revised its rating on May 18, 2023. It rated PLYM as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of PLYM
On Tuesday, Plymouth Industrial Reit Inc [NYSE:PLYM] saw its stock jump 2.07% to $21.18. Over the last five days, the stock has gained 3.22%. Plymouth Industrial Reit Inc shares have fallen nearly -12.01% since the year began. Nevertheless, the stocks have risen 2.47% over the past one year. While a 52-week high of $25.55 was reached on 01/04/24, a 52-week low of $19.21 was recorded on 04/18/24. SMA at 50 days reached $21.62, while 200 days put it at $22.07. A total of 0.19 million shares were traded, compared to the trading of 0.2 million shares in the previous session.
Levels Of Support And Resistance For PLYM Stock
The 24-hour chart illustrates a support level at 20.86, which if violated will result in even more drops to 20.55. On the upside, there is a resistance level at 21.34. A further resistance level may holdings at 21.51. The Relative Strength Index (RSI) on the 14-day chart is 48.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.75%. Stochastics %K at 36.98% indicates the stock is a holding.
The most recent change occurred on April 13, 2023 when JP Morgan began covering the stock and recommended ‘”a Neutral”‘ rating along with a $23 price target.
