KD Logo

Park Hotels & Resorts Inc [PK] Investment Guide: What You Need to Know

Park Hotels & Resorts Inc’s recent filing unveils that its Director ECKERT THOMAS D acquired Company’s shares for reported $0.47 million on May 09 ’24. In the deal valued at $15.79 per share,30,000 shares were bought. As a result of this transaction, ECKERT THOMAS D now holds 137,478 shares worth roughly $2.05 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

Then, Garrett Geoffrey sold 1,255 shares, generating $19,906 in total proceeds. Upon selling the shares at $15.86, the Director now owns 39,190 shares.

Before that, Garrett Geoffrey sold 14,000 shares. Park Hotels & Resorts Inc shares valued at $179,656 were divested by the Director at a price of $12.83 per share. As a result of the transaction, Garrett Geoffrey now holds 31,777 shares, worth roughly $0.47 million.

Evercore ISI upgraded its Park Hotels & Resorts Inc [PK] rating to an Outperform from a an In-line in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in late March from “a Neutral” to “a Buy”. Jefferies also remained covering PK and has increased its forecast on January 02, 2024 with a “Buy” recommendation from previously “Hold” rating. JP Morgan revised its rating on December 14, 2023. It rated PK as “a Neutral” which previously was an “an Underweight”.

Price Performance Review of PK

On Friday, Park Hotels & Resorts Inc [NYSE:PK] saw its stock fall -2.04% to $14.92. Over the last five days, the stock has lost -5.93%. Park Hotels & Resorts Inc shares have fallen nearly -2.48% since the year began. Nevertheless, the stocks have risen 14.06% over the past one year. While a 52-week high of $18.05 was reached on 03/22/24, a 52-week low of $10.06 was recorded on 02/13/24. SMA at 50 days reached $16.36, while 200 days put it at $14.99. A total of 3.16 million shares were traded, compared to the trading of 2.89 million shares in the previous session.

Levels Of Support And Resistance For PK Stock

The 24-hour chart illustrates a support level at 14.76, which if violated will result in even more drops to 14.61. On the upside, there is a resistance level at 15.09. A further resistance level may holdings at 15.27. The Relative Strength Index (RSI) on the 14-day chart is 30.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.44%. Stochastics %K at 13.82% indicates the stock is a buying.

Most Popular