In a filing, NorthWestern Energy Group Inc revealed its Director Ide Britt E unloaded Company’s shares for reported $35243.0 on May 03 ’24. In the deal valued at $51.30 per share,687 shares were sold. As a result of this transaction, Ide Britt E now holds 10,640 shares worth roughly $0.55 million.
Then, Schroeppel Bobbi L sold 1,350 shares, generating $68,512 in total proceeds. Upon selling the shares at $50.75, the VP – HR, Cust Care, Corp Comm now owns 31,814 shares.
Before that, Ide Britt E sold 687 shares. NorthWestern Energy Group Inc shares valued at $33,141 were divested by the Director at a price of $48.24 per share. As a result of the transaction, Ide Britt E now holds 10,505 shares, worth roughly $0.54 million.
Guggenheim upgraded its NorthWestern Energy Group Inc [NWE] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “a Sector weight”. Ladenburg Thalmann also remained covering NWE and has decreased its forecast on November 07, 2023 with a “Neutral” recommendation from previously “Buy” rating. Wells Fargo revised its rating on October 30, 2023. It rated NWE as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of NWE
On Tuesday, NorthWestern Energy Group Inc [NASDAQ:NWE] saw its stock jump 0.22% to $51.26. Over the last five days, the stock has gained 1.63%. NorthWestern Energy Group Inc shares have risen nearly 0.73% since the year began. Nevertheless, the stocks have fallen -14.15% over the past one year. While a 52-week high of $60.29 was reached on 01/10/24, a 52-week low of $45.97 was recorded on 02/13/24. SMA at 50 days reached $49.54, while 200 days put it at $50.15. A total of 0.31 million shares were traded, compared to the trading of 0.2 million shares in the previous session.
Levels Of Support And Resistance For NWE Stock
The 24-hour chart illustrates a support level at 51.04, which if violated will result in even more drops to 50.83. On the upside, there is a resistance level at 51.51. A further resistance level may holdings at 51.77. The Relative Strength Index (RSI) on the 14-day chart is 62.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.71%. Stochastics %K at 89.27% indicates the stock is a selling.
The most recent change occurred on August 23, 2023 when Barclays began covering the stock and recommended ‘”an Underweight”‘ rating along with a $48 price target.
