KD Logo

Douglas Dynamics Inc [PLOW] Records 200-Day SMA of $26.10

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Douglas Dynamics Inc shares valued at $356,545 were sold by McCormick Robert L on Mar 11 ’24. At $24.73 per share, McCormick Robert L sold 14,417 shares. The insider’s holdings dropped to 91,832 shares worth approximately $2.04 million following the completion of this transaction.

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

Also, Lauber Sarah C sold 4,729 shares, netting a total of over 117,347 in proceeds. Following the sale of shares at $24.81 each, the insider now holds 43,560 shares.

Before that, Evans Linda R had sold 1,527 shares from its account. In a trade valued at $37,988, the CHRO traded Douglas Dynamics Inc shares for $24.88 each. Upon closing the transaction, the insider’s holdings decreased to 1,527 shares, worth approximately $0.7 million.

As published in a research note from Robert W. Baird on April 08, 2024, Douglas Dynamics Inc [PLOW] has been rated down from an Outperform to a Neutral and the price target has been revised to $25 from $36. Analysts at DA Davidson started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. As of February 03, 2021, Robert W. Baird has increased its “Neutral” rating to a “an Outperform” for PLOW. Earlier on March 12, 2020, Sidoti upgraded its rating. Their new recommendation was “a Buy” for PLOW stock which previously was a “a Neutral”.

Analyzing PLOW Stock Performance

During the last five days, there has been a drop of approximately -2.98%. Over the course of the year, Douglas Dynamics Inc shares have dropped approximately -25.30%. Shares of the company reached a 52-week high of $29.79 on 01/02/24 and a 52-week low of $21.35 on 04/30/24. A 50-day SMA is recorded $24.00, while a 200-day SMA reached $26.10. Nevertheless, trading volume fell to 65248.0 shares from 0.2 million shares the previous day.

Support And Resistance Levels for Douglas Dynamics Inc (PLOW)

According to the 24-hour chart, there is a support level at 22.04, which, if violated, would cause prices to drop to 21.92. In the upper region, resistance lies at 22.35. The next price resistance is at 22.54. RSI (Relative Strength Index) is 35.31 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.72, which suggests the price will decrease in the coming days. Percent R is at 87.83%, indicating bearish price movement. Stochastics%K at buying indicates that the stock is to be held.

Most Popular