In a filing, Lincoln Educational Services Corp revealed its 10% Owner Juniper Investment Company, LL unloaded Company’s shares for reported $80552.0 on Mar 13 ’24. In the deal valued at $10.00 per share,8,055 shares were sold. As a result of this transaction, Juniper Investment Company, LL now holds 296,309 shares worth roughly $3.53 million.
Then, Juniper Investment Company, LL sold 1,945 shares, generating $19,450 in total proceeds. Upon selling the shares at $10.00, the 10% Owner now owns 304,364 shares.
Before that, Juniper Investment Company, LL sold 12,844 shares. Lincoln Educational Services Corp shares valued at $128,055 were divested by the 10% Owner at a price of $9.97 per share. As a result of the transaction, Juniper Investment Company, LL now holds 956,223 shares, worth roughly $11.38 million.
Rosenblatt initiated its Lincoln Educational Services Corp [LINC] rating to a Buy in a research note published on September 09, 2022; the price target was $8. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. Canaccord Genuity began covering LINC with “Buy” recommendation on September 10, 2020. Colliers Securities started covering the stock on June 23, 2020. It rated LINC as “a Buy”.
Price Performance Review of LINC
On Tuesday, Lincoln Educational Services Corp [NASDAQ:LINC] saw its stock fall -2.70% to $11.90. Over the last five days, the stock has gained 11.63%. Lincoln Educational Services Corp shares have risen nearly 18.53% since the year began. Nevertheless, the stocks have risen 107.68% over the past one year. While a 52-week high of $12.43 was reached on 05/07/24, a 52-week low of $5.70 was recorded on 01/31/24. SMA at 50 days reached $10.18, while 200 days put it at $9.27. A total of 0.29 million shares were traded, compared to the trading of 0.11 million shares in the previous session.
Levels Of Support And Resistance For LINC Stock
The 24-hour chart illustrates a support level at 11.50, which if violated will result in even more drops to 11.09. On the upside, there is a resistance level at 12.67. A further resistance level may holdings at 13.43. The Relative Strength Index (RSI) on the 14-day chart is 72.61, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.22, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.10%. Stochastics %K at 79.50% indicates the stock is a holding.
The most recent change occurred on May 22, 2020 when B. Riley FBR began covering the stock and recommended ‘”a Buy”‘ rating along with a $4.50 price target.
