Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Benson Hill Inc shares valued at $2,831 were sold by Fundler Yevgeny on Jan 02 ’24. At $0.15 per share, Fundler Yevgeny sold 18,872 shares. The insider’s holdings dropped to 41,375 shares worth approximately $7861.25 following the completion of this transaction.
Also, Molly Montgomery sold 8,484 shares, netting a total of over 2,813 in proceeds. Following the sale of shares at $0.33 each, the insider now holds 74,529 shares.
Before that, Bennett Bruce Tyler had sold 4,615 shares from its account. In a trade valued at $1,530, the President, Ingredients traded Benson Hill Inc shares for $0.33 each. Upon closing the transaction, the insider’s holdings decreased to 4,615 shares, worth approximately $7353.1900000000005.
As published in a research note from Oppenheimer on August 10, 2023, Benson Hill Inc [BHIL] has been rated down from an Outperform to a Perform. Analysts at Lake Street started covering the stock with ‘”a Buy”‘ outlook in a report released in early October. As of March 25, 2022, ROTH Capital has initiated its “Buy” rating for BHIL. Earlier on December 09, 2021, Oppenheimer initiated its rating. Their recommendation was “an Outperform” for BHIL stock.
Analyzing BHIL Stock Performance
During the last five days, there has been a surge of approximately 8.17%. Over the course of the year, Benson Hill Inc shares have jumped approximately 8.17%. Shares of the company reached a 52-week high of $0.3150 on 03/19/24 and a 52-week low of $0.1465 on 01/04/24. A 50-day SMA is recorded $0.2066, while a 200-day SMA reached $0.4012. Nevertheless, trading volume fell to 0.51 million shares from 0.41 million shares the previous day.
Support And Resistance Levels for Benson Hill Inc (BHIL)
According to the 24-hour chart, there is a support level at 0.1808, which, if violated, would cause prices to drop to 0.1735. In the upper region, resistance lies at 0.1945. The next price resistance is at 0.2009. RSI (Relative Strength Index) is 48.00 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0008, which suggests the price will decrease in the coming days. Percent R is at 48.15%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
