Pricesmart Inc.’s recent filing unveils that its Director SHERRY S BAHRAMBEYGUI acquired Company’s shares for reported $0.46 million on Jul 31 ’24. In the deal valued at $91.17 per share,5,000 shares were bought.
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, SHERRY S BAHRAMBEYGUI bought 4,000 shares, generating $354,485 in total proceeds.
Before that, SHERRY S BAHRAMBEYGUI bought 10,400 shares. Pricesmart Inc. shares valued at $912,676 were divested by the Director at a price of $87.76 per share.
Jefferies initiated its Pricesmart Inc. [PSMT] rating to a Buy in a research note published on December 01, 2023; the price target was $82. A number of analysts have revised their coverage, including Scotiabank’s analysts, who decreased its forecast for the stock in late November from “a Sector outperform” to “a Sector perform”. Scotiabank also remained covering PSMT and has increased its forecast on April 19, 2022 with a “Sector outperform” recommendation from previously “Sector perform” rating. Scotiabank revised its rating on May 08, 2020. It rated PSMT as “a Sector perform” which previously was an “a Sector outperform”.
Price Performance Review of PSMT
On Tuesday, Pricesmart Inc. [NASDAQ:PSMT] saw its stock jump 1.74% to $83.46. Over the last five days, the stock has gained 1.67%. Pricesmart Inc. shares have risen nearly 11.54% since the year began. Nevertheless, the stocks have risen 9.25% over the past one year. While a 52-week high of $92.76 was reached on 07/31/24, a 52-week low of $61.04 was recorded on 01/05/24. SMA at 50 days reached $83.15, while 200 days put it at $78.96.
Levels Of Support And Resistance For PSMT Stock
The 24-hour chart illustrates a support level at 81.83, which if violated will result in even more drops to 80.21. On the upside, there is a resistance level at 84.40. A further resistance level may holdings at 85.34. The Relative Strength Index (RSI) on the 14-day chart is 47.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.46%. Stochastics%K at 19.67% indicates the stock is a buying.
How much short interest is there in Pricesmart Inc.?
A steep rise in short interest was recorded in Pricesmart Inc. stocks on
