Ameresco Inc.’s recent filing unveils that its Executive Vice President Christakis Peter unloaded Company’s shares for reported $2217.0 on Mar 19 ’24. In the deal valued at $20.53 per share,108 shares were sold. As a result of this transaction, Christakis Peter now holds 11,370 shares worth roughly $0.25 million.
Then, Hole Spencer Doran sold 108 shares, generating $2,217 in total proceeds. Upon selling the shares at $20.53, the EVP and CFO now owns 1,878 shares.
Before that, Bakas Michael T sold 108 shares. Ameresco Inc. shares valued at $2,217 were divested by the Executive Vice President at a price of $20.53 per share. As a result of the transaction, Bakas Michael T now holds 10,748 shares, worth roughly $0.24 million.
Exane BNP Paribas upgraded its Ameresco Inc. [AMRC] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Guggenheim’s analysts, who decreased its forecast for the stock in late February from “a Buy” to “a Neutral”. BofA Securities also remained covering AMRC and has decreased its forecast on December 15, 2023 with a “Neutral” recommendation from previously “Buy” rating. William Blair revised its rating on November 07, 2023. It rated AMRC as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of AMRC
On Tuesday, Ameresco Inc. [NYSE:AMRC] saw its stock fall -1.98% to $22.24. Over the last five days, the stock has gained 6.26%. Ameresco Inc. shares have fallen nearly -29.78% since the year began. Nevertheless, the stocks have fallen -48.32% over the past one year. While a 52-week high of $63.19 was reached on 01/02/24, a 52-week low of $17.55 was recorded on 03/05/24. SMA at 50 days reached $21.08, while 200 days put it at $30.71. A total of 0.38 million shares were traded, compared to the trading of 0.45 million shares in the previous session.
Levels Of Support And Resistance For AMRC Stock
The 24-hour chart illustrates a support level at 21.97, which if violated will result in even more drops to 21.70. On the upside, there is a resistance level at 22.77. A further resistance level may holdings at 23.29. The Relative Strength Index (RSI) on the 14-day chart is 55.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.52, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 30.71%. Stochastics %K at 72.93% indicates the stock is a holding.
