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Investing in Sun Country Airlines Holdings Inc (SNCY): What You Must Know

In a filing, Sun Country Airlines Holdings Inc revealed its Officer Whitney Grant acquired Company’s shares for reported $65600.0 on Aug 01 ’24. In the deal valued at $13.12 per share,5,000 shares were bought.

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Then, Whitney Grant sold 5,000 shares, generating $60,293 in total proceeds. Upon selling the shares at $12.06, the Chief Revenue Officer & SVP now owns 25,068 shares.

Before that, Whitney Grant sold 894 shares. Sun Country Airlines Holdings Inc shares valued at $11,390 were divested by the Chief Revenue Officer & SVP at a price of $12.74 per share. As a result of the transaction, Whitney Grant now holds 25,068 shares, worth roughly $0.27 million.

TD Cowen reiterated its Sun Country Airlines Holdings Inc [SNCY] rating to a Buy in a research note published on May 08, 2024; the price target was $17. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in late February from “an Equal-weight” to “an Overweight”. Susquehanna also remained covering SNCY and has decreased its forecast on January 10, 2024 with a “Neutral” recommendation from previously “Positive” rating.

Price Performance Review of SNCY

On Tuesday, Sun Country Airlines Holdings Inc [NASDAQ:SNCY] saw its stock jump 1.42% to $10.74. Over the last five days, the stock has lost -16.22%. Sun Country Airlines Holdings Inc shares have fallen nearly -31.72% since the year began. Nevertheless, the stocks have fallen -35.30% over the past one year. While a 52-week high of $17.56 was reached on 02/28/24, a 52-week low of $9.22 was recorded on 05/29/24. SMA at 50 days reached $11.59, while 200 days put it at $13.56. A total of 0.53 million shares were traded, compared to the trading of 0.71 million shares in the previous session.

Levels Of Support And Resistance For SNCY Stock

The 24-hour chart illustrates a support level at 10.40, which if violated will result in even more drops to 10.07. On the upside, there is a resistance level at 10.96. A further resistance level may holdings at 11.19. The Relative Strength Index (RSI) on the 14-day chart is 36.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.56%. Stochastics%K at 20.83% indicates the stock is a holding.

The most recent change occurred on September 06, 2022 when Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $25 price target.

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