In a filing, Garrett Motion Inc revealed its Director Steyn Julia unloaded Company’s shares for reported $0.12 million on Jul 31 ’24. In the deal valued at $8.77 per share,14,000 shares were sold. As a result of this transaction, Steyn Julia now holds 53,781 shares worth roughly $0.43 million.
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Then, JULIA STEYN bought 14,000 shares, generating $122,795 in total proceeds.
Before that, CYRUS CAPITAL PARTNERS, L.P. sold 3,779 shares. Garrett Motion Inc shares valued at $37,830 were divested by the 10% Owner at a price of $10.01 per share. As a result of the transaction, CYRUS CAPITAL PARTNERS, L.P. now holds 27,337,398 shares, worth roughly $219.79 million.
BWS Financial initiated its Garrett Motion Inc [GTX] rating to a Buy in a research note published on June 03, 2021; the price target was $15.
Price Performance Review of GTX
On Monday, Garrett Motion Inc [NASDAQ:GTX] saw its stock jump 0.37% to $8.04. Over the last five days, the stock has gained 3.74%. Garrett Motion Inc shares have fallen nearly -16.86% since the year began. Nevertheless, the stocks have risen 2.03% over the past one year. While a 52-week high of $10.16 was reached on 03/25/24, a 52-week low of $6.43 was recorded on 09/11/24. SMA at 50 days reached $8.44, while 200 days put it at $8.92.
Levels Of Support And Resistance For GTX Stock
The 24-hour chart illustrates a support level at 7.97, which if violated will result in even more drops to 7.90. On the upside, there is a resistance level at 8.12. A further resistance level may holdings at 8.20. The Relative Strength Index (RSI) on the 14-day chart is 46.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.53%. Stochastics %K at 44.91% indicates the stock is a holding.
How much short interest is there in Garrett Motion Inc?
A steep rise in short interest was recorded in Garrett Motion Inc stocks on 2024-08-30, growing by 0.38 million shares to a total of 7.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 6.99 million shares. There was a rise of 5.11%, which implies that there is a positive sentiment for the stock.
