Granite Construction Inc.’s recent filing unveils that its Director CALDERA LOUIS E unloaded Company’s shares for reported $63150.0 on Feb 27 ’24. In the deal valued at $50.00 per share,1,263 shares were sold. As a result of this transaction, CALDERA LOUIS E now holds 8,528 shares worth roughly $0.47 million.
DA Davidson upgraded its Granite Construction Inc. [GVA] rating to a Buy from a a Neutral in a research note published on April 15, 2021; the price target was increased to $55 from $35. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in mid January from “a Neutral” to “a Sell”. DA Davidson also remained covering GVA and has decreased its forecast on October 28, 2019 with a “Neutral” recommendation from previously “Buy” rating. Goldman revised its rating on August 08, 2019. It rated GVA as “a Neutral” which previously was an “a Buy”.
Price Performance Review of GVA
On Tuesday, Granite Construction Inc. [NYSE:GVA] saw its stock jump 2.46% to $54.90. Over the last five days, the stock has gained 1.12%. Granite Construction Inc. shares have risen nearly 7.94% since the year began. Nevertheless, the stocks have risen 45.35% over the past one year. While a 52-week high of $57.93 was reached on 03/26/24, a 52-week low of $33.74 was recorded on 02/05/24. SMA at 50 days reached $53.45, while 200 days put it at $45.64. A total of 0.26 million shares were traded, compared to the trading of 0.21 million shares in the previous session.
Levels Of Support And Resistance For GVA Stock
The 24-hour chart illustrates a support level at 54.10, which if violated will result in even more drops to 53.31. On the upside, there is a resistance level at 55.45. A further resistance level may holdings at 56.00. The Relative Strength Index (RSI) on the 14-day chart is 53.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.32%. Stochastics %K at 23.00% indicates the stock is a holding.
