The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. National Fuel Gas Co. shares valued at $448,791 were sold by KRAEMER RONALD C on Aug 14 ’24. At $58.75 per share, KRAEMER RONALD C sold 7,639 shares. The insider’s holdings dropped to 38,428 shares worth approximately $2.29 million following the completion of this transaction.
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
Also, KRAEMER RONALD C purchased 7,639 shares, netting a total of over 452,229 in proceeds.
Before that, Reville Michael W had sold 6,357 shares from its account. In a trade valued at $348,548, the General Counsel and Secretary traded National Fuel Gas Co. shares for $54.83 each. Upon closing the transaction, the insider’s holdings decreased to 6,357 shares, worth approximately $0.59 million.
As published in a research note from Scotiabank on September 13, 2023, National Fuel Gas Co. [NFG] has been rated up from a Sector perform to a Sector outperform. Analysts at Raymond James downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early February. As of January 17, 2023, Scotiabank has decreased its “Sector outperform” rating to a “Sector perform” for NFG.
Analyzing NFG Stock Performance
During the last five days, there has been a surge of approximately 1.26%. Over the course of the year, National Fuel Gas Co. shares have jumped approximately 18.80%. Shares of the company reached a 52-week high of $60.75 on 09/04/24 and a 52-week low of $45.32 on 02/08/24. A 50-day SMA is recorded $57.56, while a 200-day SMA reached $53.25. Nevertheless, trading volume fell to 0.33 million shares from 0.41 million shares the previous day.
Support And Resistance Levels for National Fuel Gas Co. (NFG)
According to the 24-hour chart, there is a support level at 59.08, which, if violated, would cause prices to drop to 58.55. In the upper region, resistance lies at 60.44. The next price resistance is at 61.27. RSI (Relative Strength Index) is 59.62 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.65, which suggests the price will decrease in the coming days. Percent R is at 47.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
