In a filing, Murphy USA Inc revealed its Director Turner Rosemary unloaded Company’s shares for reported $82000.0 on May 06 ’24. In the deal valued at $400.00 per share,205 shares were sold. As a result of this transaction, Turner Rosemary now holds 0 shares worth roughly $0.0.
Then, Click Christopher A sold 664 shares, generating $275,925 in total proceeds. Upon selling the shares at $415.55, the SVP, Strategy & Development now owns 2,413 shares.
Before that, Phillips Jeanne Linder sold 1,525 shares. Murphy USA Inc shares valued at $627,416 were divested by the Director at a price of $411.42 per share. As a result of the transaction, Phillips Jeanne Linder now holds 2,670 shares, worth roughly $1.1 million.
Jefferies upgraded its Murphy USA Inc [MUSA] rating to a Buy from a a Hold in a research note published on January 04, 2024; the price target was increased to $425 from $375. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in late January from “an Equal weight” to “an Overweight”. RBC Capital Mkts began covering MUSA with “Sector perform” recommendation on December 15, 2022. Wells Fargo started covering the stock on May 25, 2022. It rated MUSA as “an Equal weight”.
Price Performance Review of MUSA
On Tuesday, Murphy USA Inc [NYSE:MUSA] saw its stock jump 2.51% to $412.67. Over the last five days, the stock has lost -0.28%. Murphy USA Inc shares have risen nearly 15.74% since the year began. Nevertheless, the stocks have risen 41.38% over the past one year. While a 52-week high of $430.83 was reached on 04/02/24, a 52-week low of $268.69 was recorded on 02/01/24. SMA at 50 days reached $414.58, while 200 days put it at $367.61. A total of 0.34 million shares were traded, compared to the trading of 0.32 million shares in the previous session.
Levels Of Support And Resistance For MUSA Stock
The 24-hour chart illustrates a support level at 405.88, which if violated will result in even more drops to 399.08. On the upside, there is a resistance level at 416.96. A further resistance level may holdings at 421.24. The Relative Strength Index (RSI) on the 14-day chart is 50.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 31.06%. Stochastics %K at 46.18% indicates the stock is a holding.
