Easterly Government Properties Inc’s recently made public that its Chairman Crate Darrell W acquired Company’s shares for reported $0.11 million on Dec 13 ’23. In the deal valued at $13.14 per share,8,000 shares were bought. As a result of this transaction, Crate Darrell W now holds 92,174 shares worth roughly $1.1 million.
RBC Capital Mkts downgraded its Easterly Government Properties Inc [DEA] rating to an Underperform from a a Sector perform in a research note published on August 16, 2023; the price target was decreased to $13 from $15. A number of analysts have revised their coverage, including Compass Point’s analysts, who increased its forecast for the stock in late March from “a Neutral” to “a Buy”. BMO Capital Markets also remained covering DEA and has decreased its forecast on December 16, 2022 with a “an Underperform” recommendation from previously “Market perform” rating. Citigroup revised its rating on December 14, 2022. It rated DEA as “a Neutral” which previously was an “a Buy”.
Price Performance Review of DEA
On Friday, Easterly Government Properties Inc [NYSE:DEA] saw its stock fall -0.59% to $11.88. Over the last five days, the stock has gained 1.63%. Easterly Government Properties Inc shares have fallen nearly -11.61% since the year began. Nevertheless, the stocks have fallen -14.96% over the past one year. While a 52-week high of $15.21 was reached on 01/02/24, a 52-week low of $10.27 was recorded on 03/20/24. SMA at 50 days reached $11.54, while 200 days put it at $12.32. A total of 0.83 million shares were traded, compared to the trading of 0.85 million shares in the previous session.
Levels Of Support And Resistance For DEA Stock
The 24-hour chart illustrates a support level at 11.73, which if violated will result in even more drops to 11.57. On the upside, there is a resistance level at 12.14. A further resistance level may holdings at 12.40. The Relative Strength Index (RSI) on the 14-day chart is 57.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.03%. Stochastics %K at 71.42% indicates the stock is a holding.
