KD Logo

The Potential Rise in the Price of Ball Corp. (BALL) following insiders activity

Ball Corp.’s recent filing unveils that its Director Mariani Pedro Henrique unloaded Company’s shares for reported $0.35 million on May 17 ’24. In the deal valued at $69.90 per share,5,000 shares were sold. As a result of this transaction, Mariani Pedro Henrique now holds 9,844 shares worth roughly $0.68 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, Fisher Daniel William bought 3,869 shares, generating $249,767 in total proceeds. Upon buying the shares at $64.56, the President & C.E.O. now owns 111,866 shares.

Before that, Lewis Ronald J. bought 4,637 shares. Ball Corp. shares valued at $249,976 were divested by the SR VP & COO at a price of $53.91 per share. As a result of the transaction, Lewis Ronald J. now holds 29,797 shares, worth roughly $2.07 million.

Barclays downgraded its Ball Corp. [BALL] rating to an Equal weight from a an Overweight in a research note published on April 04, 2024; the price target was increased to $71 from $66. Morgan Stanley began covering BALL with “an Equal-weight” recommendation on March 18, 2024. BofA Securities revised its rating on March 04, 2024. It rated BALL as “a Buy” which previously was an “an Underperform”.

Price Performance Review of BALL

On Friday, Ball Corp. [NYSE:BALL] saw its stock jump 1.12% to $69.43. Over the last five days, the stock has gained 1.27%. Ball Corp. shares have risen nearly 20.71% since the year began. Nevertheless, the stocks have risen 35.71% over the past one year. While a 52-week high of $71.32 was reached on 04/30/24, a 52-week low of $42.81 was recorded on 01/19/24. SMA at 50 days reached $67.63, while 200 days put it at $58.02. A total of 3.76 million shares were traded, compared to the trading of 1.9 million shares in the previous session.

Levels Of Support And Resistance For BALL Stock

The 24-hour chart illustrates a support level at 68.73, which if violated will result in even more drops to 68.04. On the upside, there is a resistance level at 69.82. A further resistance level may holdings at 70.22. The Relative Strength Index (RSI) on the 14-day chart is 54.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.07%. Stochastics %K at 38.94% indicates the stock is a holding.

The most recent change occurred on March 01, 2024 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating .

Most Popular