Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ryman Hospitality Properties Inc shares valued at $96,585 were purchased by ALVIN L. BOWLES on Sep 19 ’24. At $107.32 per share, ALVIN L. BOWLES acquired 900 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, REED COLIN V purchased 8,077 shares, netting a total of over 789,769 in proceeds. Following the buying of shares at $97.78 each, the insider now holds 827,220 shares.
Before that, HASLAM WILLIAM E had added 9,972 shares to its account. In a trade valued at $999,989, the Director bought Ryman Hospitality Properties Inc shares for $100.28 each. Upon closing the transaction, the insider’s holdings increased to 9,972 shares, worth approximately $2.48 million.
As published in a research note from JP Morgan on December 14, 2023, Ryman Hospitality Properties Inc [RHP] has been rated up from an Underweight to a Neutral and the price target has been revised to $102 from $89. Analysts at Wedbush started covering the stock with ‘”an Outperform”‘ outlook in a report released in early October. As of September 28, 2023, Wolfe Research has initiated its “an Outperform” rating for RHP. Earlier on September 07, 2022, Truist upgraded its rating. Their new recommendation was “a Buy” for RHP stock which previously was a “a Hold”.
Analyzing RHP Stock Performance
During the last five days, there has been a surge of approximately 7.37%. Over the course of the year, Ryman Hospitality Properties Inc shares have dropped approximately -1.04%. Shares of the company reached a 52-week high of $122.91 on 02/23/24 and a 52-week low of $93.76 on 08/05/24. A 50-day SMA is recorded $101.39, while a 200-day SMA reached $107.21. Nevertheless, trading volume fell to 0.58 million shares from 0.34 million shares the previous day.
Support And Resistance Levels for Ryman Hospitality Properties Inc (RHP)
According to the 24-hour chart, there is a support level at 106.61, which, if violated, would cause prices to drop to 104.31. In the upper region, resistance lies at 110.06. The next price resistance is at 111.21. RSI (Relative Strength Index) is 71.02 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.65, which suggests the price will increase in the coming days. Percent R is at 0.00%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
