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BTIG Research initates Douglas Elliman Inc (DOUG) rating to a Neutral

Douglas Elliman Inc’s recently made public that its Executive Vice President & COO LAMPEN RICHARD acquired Company’s shares for reported $16946.0 on Nov 21 ’23. In the deal valued at $1.69 per share,10,000 shares were bought. As a result of this transaction, LAMPEN RICHARD now holds 1,621,097 shares worth roughly $2.27 million.

Then, LAMPEN RICHARD bought 10,000 shares, generating $17,433 in total proceeds. Upon buying the shares at $1.74, the Executive Vice President & COO now owns 1,611,097 shares.

Before that, KRAMER RONALD J bought 20,000 shares. Douglas Elliman Inc shares valued at $51,600 were divested by the Director at a price of $2.58 per share. As a result of the transaction, KRAMER RONALD J now holds 93,500 shares, worth roughly $0.13 million.

BTIG Research initiated its Douglas Elliman Inc [DOUG] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating.

Price Performance Review of DOUG

On Tuesday, Douglas Elliman Inc [NYSE:DOUG] saw its stock jump 0.72% to $1.40. Over the last five days, the stock has gained 2.94%. Douglas Elliman Inc shares have fallen nearly -52.54% since the year began. Nevertheless, the stocks have fallen -48.96% over the past one year. While a 52-week high of $3.24 was reached on 01/02/24, a 52-week low of $1.15 was recorded on 04/25/24. SMA at 50 days reached $1.5518, while 200 days put it at $2.0326. A total of 0.62 million shares were traded, compared to the trading of 0.34 million shares in the previous session.

Levels Of Support And Resistance For DOUG Stock

The 24-hour chart illustrates a support level at 1.3283, which if violated will result in even more drops to 1.2567. On the upside, there is a resistance level at 1.5133. A further resistance level may holdings at 1.6267. The Relative Strength Index (RSI) on the 14-day chart is 49.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0950, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.27%. Stochastics %K at 76.13% indicates the stock is a holding.

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