KD Logo

Equinix Inc (EQIX) Becoming More Attractive for Investors

Equinix Inc’s filing revealed that its Director PAISLEY CHRISTOPHER B unloaded Company’s shares for reported $82580.0 on Aug 16 ’24. In the deal valued at $825.80 per share,100 shares were sold. As a result of this transaction, PAISLEY CHRISTOPHER B now holds 17,894 shares worth roughly $14.82 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, TAYLOR KEITH D sold 2,500 shares, generating $2,079,075 in total proceeds. Upon selling the shares at $831.63, the Chief Financial Officer now owns 21,966 shares.

Before that, PAISLEY CHRISTOPHER B bought 100 shares. Equinix Inc shares valued at $82,580 were divested by the Director at a price of $825.80 per share.

Wells Fargo upgraded its Equinix Inc [EQIX] rating to an Overweight from a an Equal weight in a research note published on July 23, 2024; the price target was increased to $875 from $825. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in mid July with a ‘”an Outperform”‘ rating. Goldman began covering EQIX with “Buy” recommendation on July 01, 2024. HSBC Securities revised its rating on March 20, 2024. It rated EQIX as “a Hold” which previously was an “a Buy”.

Price Performance Review of EQIX

On Friday, Equinix Inc [NASDAQ:EQIX] saw its stock jump 1.10% to $827.96. Over the last five days, the stock has lost -0.08%. Equinix Inc shares have risen nearly 2.80% since the year began. Nevertheless, the stocks have risen 8.91% over the past one year. While a 52-week high of $914.93 was reached on 03/04/24, a 52-week low of $677.80 was recorded on 05/08/24. SMA at 50 days reached $787.88, while 200 days put it at $798.15.

Levels Of Support And Resistance For EQIX Stock

The 24-hour chart illustrates a support level at 820.82, which if violated will result in even more drops to 813.67. On the upside, there is a resistance level at 832.25. A further resistance level may holdings at 836.53. The Relative Strength Index (RSI) on the 14-day chart is 58.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.54, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.19%. Stochastics%K at 72.88% indicates the stock is a holding.

How much short interest is there in Equinix Inc?

A steep rise in short interest was recorded in Equinix Inc stocks on 2024-07-31, dropping by -0.29 million shares to a total of 1.45 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 1.75 million shares. There was a decline of -20.29%, which implies that there is a negative sentiment for the stock.

Most Popular