McGrath Rentcorp’s recently made public that its Sr. VP Business Strategy & Dev VAN TREASE KRISTINA unloaded Company’s shares for reported $0.44 million on Nov 03 ’23. In the deal valued at $102.00 per share,4,325 shares were sold. As a result of this transaction, VAN TREASE KRISTINA now holds 4,073 shares worth roughly $0.45 million.
Then, Whitney David M sold 4,325 shares, generating $441,150 in total proceeds. Upon selling the shares at $102.00, the VP, Controller, PAO now owns 4,073 shares.
Before that, Whitney David M sold 1,950 shares. McGrath Rentcorp shares valued at $198,900 were divested by the VP, Controller, PAO at a price of $102.00 per share. As a result of the transaction, Whitney David M now holds 3,820 shares, worth roughly $0.42 million.
Sidoti upgraded its McGrath Rentcorp [MGRC] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Sidoti’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Neutral”. Oppenheimer also remained covering MGRC and has increased its forecast on August 12, 2020 with a “an Outperform” recommendation from previously “Perform” rating. Berenberg started covering the stock on September 19, 2018. It rated MGRC as “a Buy”.
Price Performance Review of MGRC
On Tuesday, McGrath Rentcorp [NASDAQ:MGRC] saw its stock fall -0.03% to $109.92. Over the last five days, the stock has gained 3.06%. McGrath Rentcorp shares have fallen nearly -8.11% since the year began. Nevertheless, the stocks have risen 21.78% over the past one year. While a 52-week high of $130.86 was reached on 02/12/24, a 52-week low of $87.72 was recorded on 05/01/24. SMA at 50 days reached $117.29, while 200 days put it at $109.12. A total of 0.23 million shares were traded, compared to the trading of 58900.0 shares in the previous session.
Levels Of Support And Resistance For MGRC Stock
The 24-hour chart illustrates a support level at 109.59, which if violated will result in even more drops to 109.25. On the upside, there is a resistance level at 110.24. A further resistance level may holdings at 110.55. The Relative Strength Index (RSI) on the 14-day chart is 40.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.25%. Stochastics %K at 55.45% indicates the stock is a holding.
