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Gabelli & Co’s latest rating for KLXE stock

KLX Energy Services Holdings Inc’s recently made public that its insider Baker Christopher J. unloaded Company’s shares for reported $37760.0 on Dec 01 ’23. In the deal valued at $9.44 per share,4,000 shares were sold. As a result of this transaction, Baker Christopher J. now holds 131,041 shares worth roughly $0.87 million.

Then, Lehner Keefer McGovern sold 13,343 shares, generating $137,166 in total proceeds. Upon selling the shares at $10.28, the insider now owns 44,578 shares.

Before that, Baker Christopher J. sold 4,500 shares. KLX Energy Services Holdings Inc shares valued at $45,630 were divested by the insider at a price of $10.14 per share. As a result of the transaction, Baker Christopher J. now holds 135,041 shares, worth roughly $0.9 million.

Gabelli & Co downgraded its KLX Energy Services Holdings Inc [KLXE] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Piper Jaffray’s analysts, who decreased its forecast for the stock in late May from “an Overweight” to “a Neutral”. Jefferies began covering KLXE with “Buy” recommendation on April 03, 2019. Piper Jaffray started covering the stock on December 19, 2018. It rated KLXE as “an Overweight”.

Price Performance Review of KLXE

On Tuesday, KLX Energy Services Holdings Inc [NASDAQ:KLXE] saw its stock fall -6.49% to $6.63. Over the last five days, the stock has lost -11.01%. KLX Energy Services Holdings Inc shares have fallen nearly -41.12% since the year began. Nevertheless, the stocks have fallen -33.50% over the past one year. While a 52-week high of $13.42 was reached on 01/02/24, a 52-week low of $6.86 was recorded on 04/30/24. SMA at 50 days reached $7.62, while 200 days put it at $9.76. A total of 0.45 million shares were traded, compared to the trading of 0.12 million shares in the previous session.

Levels Of Support And Resistance For KLXE Stock

The 24-hour chart illustrates a support level at 6.42, which if violated will result in even more drops to 6.22. On the upside, there is a resistance level at 6.97. A further resistance level may holdings at 7.32. The Relative Strength Index (RSI) on the 14-day chart is 35.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.45%. Stochastics %K at 12.00% indicates the stock is a buying.

The most recent change occurred on October 11, 2018 when Gabelli & Co began covering the stock and recommended ‘”a Buy”‘ rating .

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