Ryder System, Inc.’s filing revealed that its SVP, C Procur Of, Corp Dev Of HODES SANFORD J. unloaded Company’s shares for reported $0.42 million on May 06 ’24. In the deal valued at $125.59 per share,3,360 shares were sold. As a result of this transaction, HODES SANFORD J. now holds 24,119 shares worth roughly $3.02 million.
Then, Nieto Luis P Jr sold 1,443 shares, generating $181,255 in total proceeds. Upon selling the shares at $125.61, the Director now owns 28,569 shares.
Before that, SMITH E FOLLIN sold 800 shares. Ryder System, Inc. shares valued at $100,128 were divested by the Director at a price of $125.16 per share. As a result of the transaction, SMITH E FOLLIN now holds 39,056 shares, worth roughly $4.89 million.
Vertical Research downgraded its Ryder System, Inc. [R] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in early October from “an Outperform” to “a Peer perform”. Robert W. Baird also remained covering R and has increased its forecast on July 31, 2023 with a “an Outperform” recommendation from previously “Neutral” rating. Wolfe Research revised its rating on January 10, 2023. It rated R as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of R
On Tuesday, Ryder System, Inc. [NYSE:R] saw its stock fall -0.29% to $125.32. Over the last five days, the stock has gained 2.85%. Ryder System, Inc. shares have risen nearly 8.92% since the year began. Nevertheless, the stocks have risen 51.26% over the past one year. While a 52-week high of $127.21 was reached on 05/03/24, a 52-week low of $77.60 was recorded on 02/16/24. SMA at 50 days reached $116.64, while 200 days put it at $108.37. A total of 0.24 million shares were traded, compared to the trading of 0.19 million shares in the previous session.
Levels Of Support And Resistance For R Stock
The 24-hour chart illustrates a support level at 124.73, which if violated will result in even more drops to 124.14. On the upside, there is a resistance level at 126.50. A further resistance level may holdings at 127.68. The Relative Strength Index (RSI) on the 14-day chart is 64.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.29%. Stochastics %K at 90.22% indicates the stock is a selling.
