MoneyLion Inc’s recent filing unveils that its Director Gary Jeff unloaded Company’s shares for reported $57741.0 on Mar 15 ’24. In the deal valued at $61.10 per share,945 shares were sold. As a result of this transaction, Gary Jeff now holds 7,731 shares worth roughly $0.55 million.
Then, Choubey Diwakar sold 9,338 shares, generating $680,500 in total proceeds. Upon selling the shares at $72.87, the CEO and Director now owns 796,024 shares.
Before that, Correia Richard sold 87,989 shares. MoneyLion Inc shares valued at $5,735,088 were divested by the President, CFO and Treasurer at a price of $65.18 per share. As a result of the transaction, Correia Richard now holds 262,481 shares, worth roughly $18.78 million.
Needham initiated its MoneyLion Inc [ML] rating to a Buy in a research note published on April 03, 2024; the price target was $90. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. B. Riley Securities began covering ML with “Buy” recommendation on July 27, 2023. Loop Capital started covering the stock on June 27, 2022. It rated ML as “a Buy”.
Price Performance Review of ML
On Tuesday, MoneyLion Inc [NYSE:ML] saw its stock jump 0.18% to $71.53. Over the last five days, the stock has gained 7.87%. MoneyLion Inc shares have risen nearly 14.10% since the year began. Nevertheless, the stocks have risen 444.37% over the past one year. While a 52-week high of $87.00 was reached on 04/09/24, a 52-week low of $9.73 was recorded on 02/02/24. SMA at 50 days reached $67.82, while 200 days put it at $41.80. A total of 0.36 million shares were traded, compared to the trading of 0.21 million shares in the previous session.
Levels Of Support And Resistance For ML Stock
The 24-hour chart illustrates a support level at 64.90, which if violated will result in even more drops to 58.28. On the upside, there is a resistance level at 81.57. A further resistance level may holdings at 91.62. The Relative Strength Index (RSI) on the 14-day chart is 52.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.80, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 65.24%. Stochastics %K at 48.11% indicates the stock is a holding.
The most recent change occurred on November 22, 2021 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $8 price target.
