NewtekOne Inc’s recently made public that its Director Mulia Salvatore Francis unloaded Company’s shares for reported $8152.0 on Apr 22 ’24. In the deal valued at $10.87 per share,750 shares were sold. As a result of this transaction, Mulia Salvatore Francis now holds 46,462 shares worth roughly $0.57 million.
Then, Mulia Salvatore Francis sold 750 shares, generating $8,033 in total proceeds. Upon selling the shares at $10.71, the Director now owns 47,212 shares.
Before that, Mulia Salvatore Francis sold 750 shares. NewtekOne Inc shares valued at $8,610 were divested by the Director at a price of $11.48 per share. As a result of the transaction, Mulia Salvatore Francis now holds 47,962 shares, worth roughly $0.59 million.
B. Riley Securities initiated its NewtekOne Inc [NEWT] rating to a Buy in a research note published on May 19, 2023; the price target was $15. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in late February with a ‘”a Neutral”‘ rating. Raymond James also remained covering NEWT and has increased its forecast on August 08, 2022 with a “Mkt perform” recommendation from previously “an Underperform” rating. Raymond James revised its rating on August 03, 2021. It rated NEWT as “an Underperform” which previously was an “a Mkt perform”.
Price Performance Review of NEWT
On Tuesday, NewtekOne Inc [NASDAQ:NEWT] saw its stock jump 11.28% to $12.33. Over the last five days, the stock has gained 14.27%. NewtekOne Inc shares have fallen nearly -10.65% since the year began. Nevertheless, the stocks have risen 6.48% over the past one year. While a 52-week high of $19.36 was reached on 01/02/24, a 52-week low of $10.07 was recorded on 03/20/24. SMA at 50 days reached $11.21, while 200 days put it at $13.74.
Levels Of Support And Resistance For NEWT Stock
The 24-hour chart illustrates a support level at 11.75, which if violated will result in even more drops to 11.18. On the upside, there is a resistance level at 12.86. A further resistance level may holdings at 13.39. The Relative Strength Index (RSI) on the 14-day chart is 66.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.61%. Stochastics %K at 72.26% indicates the stock is a holding.
