Suburban Propane Partners LP’s filing revealed that its VP-Renewable Nat Gas Opers Palleschi Craig unloaded Company’s shares for reported $20985.0 on Jun 14 ’24. In the deal valued at $20.98 per share,1,000 shares were sold. As a result of this transaction, Palleschi Craig now holds 21,451 shares worth roughly $0.36 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, LOGAN HAROLD R JR sold 3,000 shares, generating $57,542 in total proceeds. Upon selling the shares at $19.18, the Director now owns 39,515 shares.
Before that, Palleschi Craig sold 950 shares. Suburban Propane Partners LP shares valued at $20,130 were divested by the VP-Renewable Nat Gas Opers at a price of $21.19 per share. As a result of the transaction, Palleschi Craig now holds 22,451 shares, worth roughly $0.38 million.
Mizuho downgraded its Suburban Propane Partners LP [SPH] rating to an Underperform from a a Neutral in a research note published on January 29, 2024; the price target was increased to $17 from $16. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in late April with a ‘”a Neutral”‘ rating. Argus also remained covering SPH and has increased its forecast on March 26, 2021 with a “Buy” recommendation from previously “Hold” rating. Argus revised its rating on October 21, 2020. It rated SPH as “a Hold” which previously was an “a Sell”.
Price Performance Review of SPH
On Tuesday, Suburban Propane Partners LP [NYSE:SPH] saw its stock fall -0.99% to $16.96. Over the last five days, the stock has lost -9.16%. Suburban Propane Partners LP shares have fallen nearly -4.50% since the year began. Nevertheless, the stocks have risen 15.37% over the past one year. While a 52-week high of $22.33 was reached on 06/10/24, a 52-week low of $14.45 was recorded on 01/03/24. SMA at 50 days reached $19.17, while 200 days put it at $18.91. A total of 0.43 million shares were traded, compared to the trading of 0.37 million shares in the previous session.
Levels Of Support And Resistance For SPH Stock
The 24-hour chart illustrates a support level at 16.71, which if violated will result in even more drops to 16.45. On the upside, there is a resistance level at 17.31. A further resistance level may holdings at 17.65. The Relative Strength Index (RSI) on the 14-day chart is 27.99, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.98%. Stochastics%K at 8.02% indicates the stock is a buying.
