Geo Group, Inc.’s recently made public that its EVP, Acting CFO & Treasurer March Shayn P. unloaded Company’s shares for reported $37500.0 on Apr 05 ’24. In the deal valued at $15.00 per share,2,500 shares were sold. As a result of this transaction, March Shayn P. now holds 67,830 shares worth roughly $0.99 million.
Then, ZOLEY GEORGE C bought 50,000 shares, generating $624,025 in total proceeds. Upon buying the shares at $12.48, the Executive Chairman now owns 3,700,904 shares.
Before that, Black James H. sold 5,672 shares. Geo Group, Inc. shares valued at $67,792 were divested by the SVP & Pres, Secure Services at a price of $11.95 per share. As a result of the transaction, Black James H. now holds 0 shares, worth roughly $0.0.
Northland Capital initiated its Geo Group, Inc. [GEO] rating to an Outperform in a research note published on October 02, 2023; the price target was $14. A number of analysts have revised their coverage, including Wedbush’s analysts, who increased its forecast for the stock in late November from “a Neutral” to “an Outperform”. Wedbush began covering GEO with “Neutral” recommendation on June 08, 2021. Noble Capital Markets started covering the stock on June 29, 2020. It rated GEO as “an Outperform”.
Price Performance Review of GEO
On Friday, Geo Group, Inc. [NYSE:GEO] saw its stock fall -2.20% to $14.65. Over the last five days, the stock has lost -1.48%. Geo Group, Inc. shares have risen nearly 35.27% since the year began. Nevertheless, the stocks have risen 100.96% over the past one year. While a 52-week high of $16.31 was reached on 04/09/24, a 52-week low of $6.94 was recorded on 01/17/24. SMA at 50 days reached $13.88, while 200 days put it at $10.38. A total of 1.49 million shares were traded, compared to the trading of 1.57 million shares in the previous session.
Levels Of Support And Resistance For GEO Stock
The 24-hour chart illustrates a support level at 14.46, which if violated will result in even more drops to 14.26. On the upside, there is a resistance level at 14.99. A further resistance level may holdings at 15.33. The Relative Strength Index (RSI) on the 14-day chart is 50.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.21%. Stochastics %K at 31.70% indicates the stock is a holding.
