Otter Tail Corporation’s filing revealed that its VP, Human Resources KNUTSON PAUL L unloaded Company’s shares for reported $0.36 million on May 24 ’24. In the deal valued at $90.66 per share,4,000 shares were sold. As a result of this transaction, KNUTSON PAUL L now holds 20,359 shares worth roughly $1.76 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, ERICKSON JOHN D sold 2,500 shares, generating $193,400 in total proceeds. Upon selling the shares at $77.36, the Director now owns 0 shares.
Siebert Williams Shank downgraded its Otter Tail Corporation [OTTR] rating to a Sell from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Maxim Group’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “a Hold”. Siebert Williams Shank also remained covering OTTR and has increased its forecast on November 28, 2022 with a “Hold” recommendation from previously “Sell” rating. Siebert Williams Shank revised its rating on August 03, 2022. It rated OTTR as “a Sell” which previously was an “a Hold”.
Price Performance Review of OTTR
On Tuesday, Otter Tail Corporation [NASDAQ:OTTR] saw its stock jump 1.04% to $86.60. Over the last five days, the stock has lost -1.01%. Otter Tail Corporation shares have risen nearly 1.92% since the year began. Nevertheless, the stocks have risen 17.19% over the past one year. While a 52-week high of $99.49 was reached on 02/12/24, a 52-week low of $68.96 was recorded on 03/19/24. SMA at 50 days reached $88.13, while 200 days put it at $83.27. A total of 0.28 million shares were traded, compared to the trading of 0.48 million shares in the previous session.
Levels Of Support And Resistance For OTTR Stock
The 24-hour chart illustrates a support level at 85.41, which if violated will result in even more drops to 84.22. On the upside, there is a resistance level at 87.38. A further resistance level may holdings at 88.17. The Relative Strength Index (RSI) on the 14-day chart is 43.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.37%. Stochastics %K at 17.26% indicates the stock is a buying.
