Wyndham Hotels & Resorts Inc’s recent filing unveils that its Chief Accounting Officer Rossi Nicola unloaded Company’s shares for reported $0.25 million on Mar 12 ’24. In the deal valued at $79.00 per share,3,200 shares were sold. As a result of this transaction, Rossi Nicola now holds 11,404 shares worth roughly $0.82 million.
Then, Rossi Nicola sold 8,000 shares, generating $589,760 in total proceeds. Upon selling the shares at $73.72, the Chief Accounting Officer now owns 5,741 shares.
HSBC Securities initiated its Wyndham Hotels & Resorts Inc [WH] rating to a Buy in a research note published on October 23, 2023; the price target was $87. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. Barclays also remained covering WH and has increased its forecast on December 15, 2022 with a “an Overweight” recommendation from previously “an Equal weight” rating. Morgan Stanley started covering the stock on December 05, 2022. It rated WH as “an Overweight”.
Price Performance Review of WH
On Tuesday, Wyndham Hotels & Resorts Inc [NYSE:WH] saw its stock jump 2.27% to $71.50. Over the last five days, the stock has gained 0.65%. Wyndham Hotels & Resorts Inc shares have fallen nearly -11.08% since the year began. Nevertheless, the stocks have risen 3.70% over the past one year. While a 52-week high of $81.73 was reached on 01/12/24, a 52-week low of $63.69 was recorded on 04/19/24. SMA at 50 days reached $75.78, while 200 days put it at $75.77. A total of 0.81 million shares were traded, compared to the trading of 0.92 million shares in the previous session.
Levels Of Support And Resistance For WH Stock
The 24-hour chart illustrates a support level at 70.45, which if violated will result in even more drops to 69.41. On the upside, there is a resistance level at 72.07. A further resistance level may holdings at 72.65. The Relative Strength Index (RSI) on the 14-day chart is 40.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.55%. Stochastics %K at 24.98% indicates the stock is a holding.
The most recent change occurred on November 30, 2022 when Redburn began covering the stock and recommended ‘”a Neutral”‘ rating .
