Golden Entertainment Inc’s recent filing unveils that its President and CFO Protell Charles unloaded Company’s shares for reported $0.35 million on Dec 21 ’23. In the deal valued at $39.83 per share,8,910 shares were sold. As a result of this transaction, Protell Charles now holds 643,919 shares worth roughly $19.2 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Protell Charles sold 13,557 shares, generating $561,531 in total proceeds. Upon selling the shares at $41.42, the President and CFO now owns 643,911 shares.
Before that, Protell Charles sold 12,285 shares. Golden Entertainment Inc shares valued at $492,506 were divested by the President and CFO at a price of $40.09 per share. As a result of the transaction, Protell Charles now holds 643,873 shares, worth roughly $19.2 million.
A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. Jefferies also remained covering GDEN and has decreased its forecast on January 09, 2023 with a “Hold” recommendation from previously “Buy” rating.
Price Performance Review of GDEN
On Tuesday, Golden Entertainment Inc [NASDAQ:GDEN] saw its stock fall -0.27% to $29.82. Over the last five days, the stock has lost -5.33%. Golden Entertainment Inc shares have fallen nearly -25.32% since the year began. Nevertheless, the stocks have fallen -23.84% over the past one year. While a 52-week high of $45.19 was reached on 01/24/24, a 52-week low of $29.88 was recorded on 05/21/24. SMA at 50 days reached $33.61, while 200 days put it at $35.86. A total of 0.25 million shares were traded, compared to the trading of 0.28 million shares in the previous session.
Levels Of Support And Resistance For GDEN Stock
The 24-hour chart illustrates a support level at 29.62, which if violated will result in even more drops to 29.42. On the upside, there is a resistance level at 30.05. A further resistance level may holdings at 30.27. The Relative Strength Index (RSI) on the 14-day chart is 32.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.00%. Stochastics %K at 13.98% indicates the stock is a buying.
The most recent change occurred on June 28, 2022 when JMP Securities began covering the stock and recommended ‘”a Mkt outperform”‘ rating along with a $63 price target.
