Universal Corp.’s recent filing unveils that its Vice President & Treasurer Formacek Candace C unloaded Company’s shares for reported $0.21 million on Nov 22 ’23. In the deal valued at $54.94 per share,3,767 shares were sold. As a result of this transaction, Formacek Candace C now holds 26,975 shares worth roughly $1.4 million.
Then, SLEDD ROBERT C sold 2,000 shares, generating $107,481 in total proceeds. Upon selling the shares at $53.74, the Director now owns 15,080 shares.
Before that, Williams Jacqueline T. sold 182 shares. Universal Corp. shares valued at $9,665 were divested by the Director at a price of $53.10 per share. As a result of the transaction, Williams Jacqueline T. now holds 10,217 shares, worth roughly $0.53 million.
Davenport downgraded its Universal Corp. [UVV] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Davenport’s analysts, who increased its forecast for the stock in late July from “a Neutral” to “a Buy”.
Price Performance Review of UVV
On Tuesday, Universal Corp. [NYSE:UVV] saw its stock jump 2.33% to $51.87. Over the last five days, the stock has gained 4.70%. Universal Corp. shares have fallen nearly -22.95% since the year began. Nevertheless, the stocks have fallen -3.52% over the past one year. While a 52-week high of $67.80 was reached on 01/02/24, a 52-week low of $44.40 was recorded on 03/04/24. SMA at 50 days reached $50.05, while 200 days put it at $51.92. A total of 0.5 million shares were traded, compared to the trading of 0.28 million shares in the previous session.
Levels Of Support And Resistance For UVV Stock
The 24-hour chart illustrates a support level at 50.98, which if violated will result in even more drops to 50.09. On the upside, there is a resistance level at 52.52. A further resistance level may holdings at 53.16. The Relative Strength Index (RSI) on the 14-day chart is 57.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.48, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.93%. Stochastics %K at 88.96% indicates the stock is a selling.
