In a filing, LCI Industries revealed its Director Deely Brendan unloaded Company’s shares for reported $0.32 million on Nov 16 ’23. In the deal valued at $116.31 per share,2,750 shares were sold. As a result of this transaction, Deely Brendan now holds 11,629 shares worth roughly $1.22 million.
BMO Capital Markets downgraded its LCI Industries [LCII] rating to an Underperform from a a Market perform in a research note published on January 22, 2024; the price target was decreased to $100 from $105. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Hold”. BMO Capital Markets began covering LCII with “Market perform” recommendation on December 07, 2023. DA Davidson revised its rating on October 06, 2023. It rated LCII as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of LCII
On Tuesday, LCI Industries [NYSE:LCII] saw its stock fall -2.26% to $104.99. Over the last five days, the stock has gained 0.97%. LCI Industries shares have fallen nearly -16.48% since the year began. Nevertheless, the stocks have fallen -8.82% over the past one year. While a 52-week high of $137.07 was reached on 03/04/24, a 52-week low of $102.39 was recorded on 04/18/24. SMA at 50 days reached $113.30, while 200 days put it at $117.46. A total of 0.32 million shares were traded, compared to the trading of 0.19 million shares in the previous session.
Levels Of Support And Resistance For LCII Stock
The 24-hour chart illustrates a support level at 103.67, which if violated will result in even more drops to 102.35. On the upside, there is a resistance level at 107.23. A further resistance level may holdings at 109.47. The Relative Strength Index (RSI) on the 14-day chart is 41.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.55%. Stochastics %K at 40.93% indicates the stock is a holding.
