WEX Inc’s recent filing unveils that its Officer Drew Ann Elena acquired Company’s shares for reported $0.2 million on Aug 02 ’24. In the deal valued at $172.70 per share,1,182 shares were bought.
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Then, Drew Ann Elena sold 1,182 shares, generating $204,167 in total proceeds. Upon selling the shares at $172.73, the Chief Risk and Compliance now owns 5,584 shares.
Before that, Tinto Melanie J bought 1,564 shares. WEX Inc shares valued at $289,347 were divested by the Officer at a price of $185.00 per share.
Wells Fargo initiated its WEX Inc [WEX] rating to an Equal weight in a research note published on June 05, 2024; the price target was $200. Wolfe Research also remained covering WEX and has increased its forecast on October 17, 2023 with a “an Outperform” recommendation from previously “Peer perform” rating. Deutsche Bank started covering the stock on July 07, 2023. It rated WEX as “a Hold”.
Price Performance Review of WEX
On Tuesday, WEX Inc [NYSE:WEX] saw its stock jump 2.44% to $177.12. Over the last five days, the stock has gained 5.42%. WEX Inc shares have fallen nearly -8.96% since the year began. Nevertheless, the stocks have fallen -8.06% over the past one year. While a 52-week high of $244.04 was reached on 04/04/24, a 52-week low of $161.95 was recorded on 08/05/24. SMA at 50 days reached $178.22, while 200 days put it at $197.93.
Levels Of Support And Resistance For WEX Stock
The 24-hour chart illustrates a support level at 174.27, which if violated will result in even more drops to 171.43. On the upside, there is a resistance level at 178.67. A further resistance level may holdings at 180.23. The Relative Strength Index (RSI) on the 14-day chart is 48.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.35%. Stochastics%K at 40.37% indicates the stock is a holding.
How much short interest is there in WEX Inc?
A steep rise in short interest was recorded in WEX Inc stocks on
