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Investing in Lincoln Educational Services Corp (LINC): What You Must Know

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Lincoln Educational Services Corp’s recently made public that its 10% Owner Juniper Targeted Opportunities acquired Company’s shares for reported $2.1 million on Aug 12 ’24. In the deal valued at $11.98 per share,175,000 shares were bought.

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Then, Juniper Investment Company, LL sold 25,010 shares, generating $293,775 in total proceeds. Upon selling the shares at $11.75, the 10% Owner now owns 246,299 shares.

Before that, Juniper Investment Company, LL sold 7,832 shares. Lincoln Educational Services Corp shares valued at $93,219 were divested by the 10% Owner at a price of $11.90 per share. As a result of the transaction, Juniper Investment Company, LL now holds 271,309 shares, worth roughly $3.22 million.

Rosenblatt initiated its Lincoln Educational Services Corp [LINC] rating to a Buy in a research note published on September 09, 2022; the price target was $8. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. Canaccord Genuity began covering LINC with “Buy” recommendation on September 10, 2020. Colliers Securities started covering the stock on June 23, 2020. It rated LINC as “a Buy”.

Price Performance Review of LINC

On Tuesday, Lincoln Educational Services Corp [NASDAQ:LINC] saw its stock jump 0.59% to $11.87. Over the last five days, the stock has lost -2.06%. Lincoln Educational Services Corp shares have risen nearly 18.23% since the year began. Nevertheless, the stocks have risen 34.89% over the past one year. While a 52-week high of $14.52 was reached on 07/29/24, a 52-week low of $7.88 was recorded on 01/31/24. SMA at 50 days reached $12.05, while 200 days put it at $10.50.

Levels Of Support And Resistance For LINC Stock

The 24-hour chart illustrates a support level at 11.55, which if violated will result in even more drops to 11.24. On the upside, there is a resistance level at 12.09. A further resistance level may holdings at 12.32. The Relative Strength Index (RSI) on the 14-day chart is 41.64, which indicates neutral 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 80.30%. Stochastics%K at 20.10% indicates the stock is a holding.

How much short interest is there in Lincoln Educational Services Corp?

A steep rise in short interest was recorded in Lincoln Educational Services Corp stocks on , growing by 0.11 million shares to a total of 0.42 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 0.31 million shares. There was a rise of 27.11%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on May 22, 2020 when B. Riley FBR began covering the stock and recommended ‘”a Buy”‘ rating along with a $4.50 price target.

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