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SMPL’s latest rating updates from top analysts.

In a filing, Simply Good Foods Co revealed its Director Montgomery Robert G. unloaded Company’s shares for reported $98400.0 on Jan 25 ’24. In the deal valued at $39.36 per share,2,500 shares were sold. As a result of this transaction, Montgomery Robert G. now holds 52,738 shares worth roughly $1.81 million.

Then, Hunsberger Susan sold 35,010 shares, generating $1,422,369 in total proceeds. Upon selling the shares at $40.63, the SVP and Chief HR Officer now owns 30,768 shares.

Before that, Heflin Stuart E. Jr. sold 1,048 shares. Simply Good Foods Co shares valued at $42,396 were divested by the SVP & General Manager, Quest at a price of $40.45 per share. As a result of the transaction, Heflin Stuart E. Jr. now holds 21,084 shares, worth roughly $0.72 million.

TD Cowen initiated its Simply Good Foods Co [SMPL] rating to a Hold in a research note published on April 22, 2024; the price target was $34. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. DA Davidson began covering SMPL with “Neutral” recommendation on December 08, 2023. Morgan Stanley revised its rating on September 18, 2023. It rated SMPL as “an Overweight” which previously was an “an Equal-weight”.

Price Performance Review of SMPL

On Monday, Simply Good Foods Co [NASDAQ:SMPL] saw its stock fall -0.44% to $34.25. Over the last five days, the stock has gained 4.07%. Simply Good Foods Co shares have fallen nearly -13.51% since the year began. Nevertheless, the stocks have fallen -5.05% over the past one year. While a 52-week high of $43.00 was reached on 01/04/24, a 52-week low of $30.00 was recorded on 04/04/24. SMA at 50 days reached $33.79, while 200 days put it at $36.34. A total of 0.54 million shares were traded, compared to the trading of 1.1 million shares in the previous session.

Levels Of Support And Resistance For SMPL Stock

The 24-hour chart illustrates a support level at 34.00, which if violated will result in even more drops to 33.74. On the upside, there is a resistance level at 34.58. A further resistance level may holdings at 34.90. The Relative Strength Index (RSI) on the 14-day chart is 56.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.29, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 29.86%. Stochastics %K at 74.49% indicates the stock is a holding.

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