In a filing, Avista Corp. revealed its Director BURKE DONALD C unloaded Company’s shares for reported $82704.0 on Dec 01 ’23. In the deal valued at $34.46 per share,2,400 shares were sold. As a result of this transaction, BURKE DONALD C now holds 25,605 shares worth roughly $0.97 million.
Then, KENSOK JAMES M sold 700 shares, generating $24,325 in total proceeds. Upon selling the shares at $34.75, the Vice President – Retired now owns 12,574 shares.
Before that, MORRIS SCOTT L bought 3,100 shares. Avista Corp. shares valued at $100,424 were divested by the Chairman of the Board at a price of $32.39 per share. As a result of the transaction, MORRIS SCOTT L now holds 128,169 shares, worth roughly $4.84 million.
Mizuho upgraded its Avista Corp. [AVA] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Guggenheim’s analysts, who increased its forecast for the stock in late January from “a Sell” to “a Neutral”. KeyBanc Capital Markets also remained covering AVA and has increased its forecast on August 25, 2023 with a “Sector weight” recommendation from previously “an Underweight” rating. Mizuho revised its rating on February 09, 2023. It rated AVA as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of AVA
On Tuesday, Avista Corp. [NYSE:AVA] saw its stock jump 0.99% to $37.75. Over the last five days, the stock has gained 4.92%. Avista Corp. shares have risen nearly 5.62% since the year began. Nevertheless, the stocks have fallen -15.21% over the past one year. While a 52-week high of $44.76 was reached on 05/01/24, a 52-week low of $30.53 was recorded on 02/13/24. SMA at 50 days reached $34.61, while 200 days put it at $34.37. A total of 0.43 million shares were traded, compared to the trading of 0.51 million shares in the previous session.
Levels Of Support And Resistance For AVA Stock
The 24-hour chart illustrates a support level at 37.39, which if violated will result in even more drops to 37.03. On the upside, there is a resistance level at 37.97. A further resistance level may holdings at 38.20. The Relative Strength Index (RSI) on the 14-day chart is 75.25, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.42, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.11%. Stochastics %K at 78.39% indicates the stock is a holding.
