KD Logo

KEX Shares Experience Surge in Value

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Kirby Corp. shares valued at $1,729,912 were purchased by O’Neil Christian G. on Sep 18 ’24. At $123.29 per share, O’Neil Christian G. acquired 14,031 shares.

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, Grzebinski David W sold 26,358 shares, netting a total of over 3,175,085 in proceeds. Following the sale of shares at $120.46 each, the insider now holds 63,399 shares.

Before that, Grzebinski David W had added 26,358 shares to its account. In a trade valued at $3,175,180, the Officer bought Kirby Corp. shares for $120.46 each.

As published in their initiating research note from Wolfe Research on April 22, 2024, Kirby Corp. [KEX] has been an Outperform and the price target has been revised to $126. Analysts at BTIG Research upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late January. As of October 12, 2021, Stifel has increased its “Hold” rating to a “Buy” for KEX. Earlier on May 07, 2021, Gabelli & Co downgraded its rating. Their new recommendation was “a Hold” for KEX stock which previously was a “a Buy”.

Analyzing KEX Stock Performance

During the last five days, there has been a surge of approximately 7.35%. Over the course of the year, Kirby Corp. shares have jumped approximately 56.80%. Shares of the company reached a 52-week high of $130.90 on 07/17/24 and a 52-week low of $74.88 on 01/11/24. A 50-day SMA is recorded $118.32, while a 200-day SMA reached $101.84. Nevertheless, trading volume fell to 0.64 million shares from 0.36 million shares the previous day.

Support And Resistance Levels for Kirby Corp. (KEX)

According to the 24-hour chart, there is a support level at 121.56, which, if violated, would cause prices to drop to 120.06. In the upper region, resistance lies at 125.34. The next price resistance is at 127.62. RSI (Relative Strength Index) is 63.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.48, which suggests the price will increase in the coming days. Percent R is at 20.17%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

Most Popular