Invitation Homes Inc’s filing revealed that its EVP&CFO Olsen Jonathan S. unloaded Company’s shares for reported $0.35 million on Mar 15 ’24. In the deal valued at $34.75 per share,10,000 shares were sold. As a result of this transaction, Olsen Jonathan S. now holds 37,037 shares worth roughly $1.3 million.
Citigroup downgraded its Invitation Homes Inc [INVH] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid March from “an Outperform” to “an In-line”. Deutsche Bank began covering INVH with “Hold” recommendation on January 30, 2024. Exane BNP Paribas started covering the stock on January 22, 2024. It rated INVH as “an Outperform”.
Price Performance Review of INVH
On Tuesday, Invitation Homes Inc [NYSE:INVH] saw its stock jump 0.52% to $34.98. Over the last five days, the stock has gained 2.28%. Invitation Homes Inc shares have risen nearly 2.55% since the year began. Nevertheless, the stocks have risen 1.72% over the past one year. While a 52-week high of $36.53 was reached on 04/01/24, a 52-week low of $28.49 was recorded on 02/13/24. SMA at 50 days reached $34.53, while 200 days put it at $33.57. A total of 2.39 million shares were traded, compared to the trading of 6.98 million shares in the previous session.
Levels Of Support And Resistance For INVH Stock
The 24-hour chart illustrates a support level at 34.86, which if violated will result in even more drops to 34.75. On the upside, there is a resistance level at 35.10. A further resistance level may holdings at 35.23. The Relative Strength Index (RSI) on the 14-day chart is 58.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.97%. Stochastics %K at 76.67% indicates the stock is a holding.
