In a filing, KBR Inc revealed its EVP, Chief People Officer Myles Jennifer unloaded Company’s shares for reported $0.47 million on Feb 22 ’24. In the deal valued at $58.95 per share,8,000 shares were sold. As a result of this transaction, Myles Jennifer now holds 38,524 shares worth roughly $2.47 million.
Then, SOPP MARK W bought 5,000 shares, generating $257,674 in total proceeds. Upon buying the shares at $51.53, the EVP & Chief Financial Officer now owns 147,178 shares.
Before that, Bright William Byron Jr. sold 20,000 shares. KBR Inc shares valued at $1,213,522 were divested by the President Gov’t Solutions US at a price of $60.68 per share. As a result of the transaction, Bright William Byron Jr. now holds 57,986 shares, worth roughly $3.72 million.
DA Davidson revised its rating on March 04, 2022. It rated KBR as “a Buy” which previously was an “a Neutral”.
Price Performance Review of KBR
On Tuesday, KBR Inc [NYSE:KBR] saw its stock jump 1.71% to $64.20. Over the last five days, the stock has gained 3.58%. KBR Inc shares have risen nearly 15.86% since the year began. Nevertheless, the stocks have risen 12.59% over the past one year. While a 52-week high of $65.87 was reached on 04/23/24, a 52-week low of $49.37 was recorded on 01/25/24. SMA at 50 days reached $60.94, while 200 days put it at $58.24. A total of 1.18 million shares were traded, compared to the trading of 0.97 million shares in the previous session.
Levels Of Support And Resistance For KBR Stock
The 24-hour chart illustrates a support level at 63.29, which if violated will result in even more drops to 62.37. On the upside, there is a resistance level at 65.37. A further resistance level may holdings at 66.53. The Relative Strength Index (RSI) on the 14-day chart is 63.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.64%. Stochastics %K at 48.94% indicates the stock is a holding.
