Mission Produce Inc’s recently made public that its Director Gonzalez Luis A unloaded Company’s shares for reported $37770.0 on May 14 ’24. In the deal valued at $12.59 per share,3,000 shares were sold. As a result of this transaction, Gonzalez Luis A now holds 7,448,233 shares worth roughly $92.36 million.
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Then, Gonzalez Luis A sold 27,422 shares, generating $335,371 in total proceeds. Upon selling the shares at $12.23, the Director now owns 123,000 shares.
Before that, Gonzalez Luis A sold 59,578 shares. Mission Produce Inc shares valued at $723,277 were divested by the Director at a price of $12.14 per share. As a result of the transaction, Gonzalez Luis A now holds 126,783 shares, worth roughly $1.57 million.
Lake Street initiated its Mission Produce Inc [AVO] rating to a Buy in a research note published on May 17, 2024; the price target was $15. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “a Buy”. Citigroup also remained covering AVO and has decreased its forecast on March 23, 2021 with a “Neutral” recommendation from previously “Buy” rating. JP Morgan revised its rating on March 11, 2021. It rated AVO as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of AVO
On Tuesday, Mission Produce Inc [NASDAQ:AVO] saw its stock fall -2.05% to $12.40. Over the last five days, the stock has lost -0.96%. Mission Produce Inc shares have risen nearly 22.89% since the year began. Nevertheless, the stocks have risen 6.44% over the past one year. While a 52-week high of $13.99 was reached on 05/20/24, a 52-week low of $8.19 was recorded on 01/17/24. SMA at 50 days reached $11.81, while 200 days put it at $10.29. A total of 0.27 million shares were traded, compared to the trading of 0.21 million shares in the previous session.
Levels Of Support And Resistance For AVO Stock
The 24-hour chart illustrates a support level at 12.26, which if violated will result in even more drops to 12.13. On the upside, there is a resistance level at 12.58. A further resistance level may holdings at 12.76. The Relative Strength Index (RSI) on the 14-day chart is 60.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.67%. Stochastics %K at 78.45% indicates the stock is a holding.
The most recent change occurred on October 27, 2020 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $17 price target.
