WW International Inc’s recently made public that its General Counsel and Secretary COLOSI MICHAEL F unloaded Company’s shares for reported $0.18 million on Dec 01 ’23. In the deal valued at $7.04 per share,25,900 shares were sold. As a result of this transaction, COLOSI MICHAEL F now holds 0 shares worth roughly $0.0.
Then, COLOSI MICHAEL F sold 20,000 shares, generating $144,314 in total proceeds. Upon selling the shares at $7.22, the General Counsel and Secretary now owns 25,900 shares.
Before that, KELLY DENIS F bought 16,000 shares. WW International Inc shares valued at $109,760 were divested by the Director at a price of $6.86 per share. As a result of the transaction, KELLY DENIS F now holds 96,921 shares, worth roughly $0.2 million.
Barclays initiated its WW International Inc [WW] rating to an Underweight in a research note published on January 03, 2024; the price target was $8. Craig Hallum also remained covering WW and has increased its forecast on September 27, 2023 with a “Hold” recommendation from previously “Sell” rating. Morgan Stanley revised its rating on July 26, 2023. It rated WW as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of WW
On Monday, WW International Inc [NASDAQ:WW] saw its stock fall -1.91% to $2.05. Over the last five days, the stock has gained 10.22%. WW International Inc shares have fallen nearly -76.57% since the year began. Nevertheless, the stocks have fallen -72.96% over the past one year. While a 52-week high of $13.31 was reached on 01/02/24, a 52-week low of $1.51 was recorded on 04/25/24. SMA at 50 days reached $2.17, while 200 days put it at $6.69. A total of 3.2 million shares were traded, compared to the trading of 5.02 million shares in the previous session.
Levels Of Support And Resistance For WW Stock
The 24-hour chart illustrates a support level at 1.98, which if violated will result in even more drops to 1.92. On the upside, there is a resistance level at 2.12. A further resistance level may holdings at 2.19. The Relative Strength Index (RSI) on the 14-day chart is 54.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.71%. Stochastics %K at 72.59% indicates the stock is a holding.
