In a filing, Knife River Corp revealed its President & CEO Gray Brian R. acquired Company’s shares for reported $74.0 on Feb 29 ’24. In the deal valued at $73.65 per share,1 shares were bought. As a result of this transaction, Gray Brian R. now holds 8,167 shares worth roughly $0.59 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
Oppenheimer reiterated its Knife River Corp [KNF] rating to an Outperform in a research note published on March 22, 2024; the price target was $85. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in early March with a ‘”a Peer perform”‘ rating. Loop Capital began covering KNF with “Buy” recommendation on February 13, 2024. BofA Securities started covering the stock on January 05, 2024. It rated KNF as “a Buy”.
Price Performance Review of KNF
On Friday, Knife River Corp [NYSE:KNF] saw its stock jump 2.92% to $72.22. Over the last five days, the stock has lost -2.50%. Knife River Corp shares have risen nearly 9.13% since the year began. SMA at 50 days reached $77.71, while 200 days put it at $63.80. A total of 0.43 million shares were traded, compared to the trading of 0.43 million shares in the previous session.
Levels Of Support And Resistance For KNF Stock
The 24-hour chart illustrates a support level at 70.86, which if violated will result in even more drops to 69.50. On the upside, there is a resistance level at 73.04. A further resistance level may holdings at 73.87. The Relative Strength Index (RSI) on the 14-day chart is 39.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.39%. Stochastics %K at 11.95% indicates the stock is a buying.
The most recent change occurred on December 26, 2023 when Siebert Williams Shank resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $76.
