Vera Bradley Inc’s recently made public that its Director Kelley Mary Lou unloaded Company’s shares for reported $0.25 million on Dec 08 ’23. In the deal valued at $7.51 per share,33,500 shares were sold. As a result of this transaction, Kelley Mary Lou now holds 49,135 shares worth roughly $0.33 million.
Noble Capital Markets initiated its Vera Bradley Inc [VRA] rating to an Outperform in a research note published on June 16, 2022; the price target was $8. A number of analysts have revised their coverage, including Cowen’s analysts, who decreased its forecast for the stock in late March from “an Outperform” to “a Market perform”. Telsey Advisory Group also remained covering VRA and reiterated its “Market perform” recommendation on March 12, 2020. Cowen revised its rating on December 17, 2019. It rated VRA as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of VRA
On Tuesday, Vera Bradley Inc [NASDAQ:VRA] saw its stock jump 2.95% to $6.62. Over the last five days, the stock has gained 3.76%. Vera Bradley Inc shares have fallen nearly -14.03% since the year began. Nevertheless, the stocks have risen 15.94% over the past one year. While a 52-week high of $8.35 was reached on 02/12/24, a 52-week low of $4.60 was recorded on 03/13/24. SMA at 50 days reached $6.93, while 200 days put it at $7.05. A total of 0.24 million shares were traded, compared to the trading of 0.23 million shares in the previous session.
Levels Of Support And Resistance For VRA Stock
The 24-hour chart illustrates a support level at 6.45, which if violated will result in even more drops to 6.29. On the upside, there is a resistance level at 6.73. A further resistance level may holdings at 6.85. The Relative Strength Index (RSI) on the 14-day chart is 50.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been 30.00 at 30.00%. Stochastics %K at 49.44% indicates the stock is a holding.
The most recent change occurred on September 05, 2019 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $10.
