In a filing, Shoe Carnival, Inc. revealed its Director Guthrie Andrea R. unloaded Company’s shares for reported $80079.0 on Apr 16 ’24. In the deal valued at $32.46 per share,2,467 shares were sold. As a result of this transaction, Guthrie Andrea R. now holds 20,106 shares worth roughly $0.71 million.
Then, Scibetta Carl N. sold 9,585 shares, generating $339,788 in total proceeds. Upon selling the shares at $35.45, the SEVP – CHIEF MERCHANDISE OFF. now owns 108,492 shares.
Before that, Scibetta Carl N. sold 5,415 shares. Shoe Carnival, Inc. shares valued at $191,962 were divested by the SEVP – CHIEF MERCHANDISE OFF. at a price of $35.45 per share. As a result of the transaction, Scibetta Carl N. now holds 118,077 shares, worth roughly $4.17 million.
Monness Crespi & Hardt downgraded its Shoe Carnival, Inc. [SCVL] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who remained covering the stock and in mid February has reiterated a ‘”a Buy”‘ rating for it. Monness Crespi & Hardt also remained covering SCVL and reiterated its “Buy” recommendation on November 17, 2023. Seaport Research Partners started covering the stock on January 18, 2022. It rated SCVL as “a Buy”.
Price Performance Review of SCVL
On Tuesday, Shoe Carnival, Inc. [NASDAQ:SCVL] saw its stock jump 4.84% to $35.28. Over the last five days, the stock has gained 8.29%. Shoe Carnival, Inc. shares have risen nearly 16.78% since the year began. Nevertheless, the stocks have risen 42.14% over the past one year. While a 52-week high of $37.08 was reached on 03/22/24, a 52-week low of $19.24 was recorded on 01/19/24. SMA at 50 days reached $32.78, while 200 days put it at $26.85. A total of 0.21 million shares were traded, compared to the trading of 0.17 million shares in the previous session.
Levels Of Support And Resistance For SCVL Stock
The 24-hour chart illustrates a support level at 34.19, which if violated will result in even more drops to 33.09. On the upside, there is a resistance level at 35.84. A further resistance level may holdings at 36.39. The Relative Strength Index (RSI) on the 14-day chart is 61.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.52%. Stochastics %K at 52.44% indicates the stock is a holding.
The most recent change occurred on August 19, 2021 when Monness Crespi & Hardt began covering the stock and recommended ‘”a Buy”‘ rating along with a $42 price target.
