Goodyear Tire & Rubber Co.’s recent filing unveils that its Director MCGLADE JOHN E acquired Company’s shares for reported $0.25 million on Aug 13 ’24. In the deal valued at $8.03 per share,31,408 shares were bought. As a result of this transaction, MCGLADE JOHN E now holds 31,408 shares worth roughly $0.26 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, KOELLNER LAURETTE T bought 26,000 shares, generating $205,400 in total proceeds. Upon buying the shares at $7.90, the Director now owns 26,000 shares.
Before that, Phillips David Emmitt sold 77,009 shares. Goodyear Tire & Rubber Co. shares valued at $607,601 were divested by the Sr VP and General Counsel at a price of $7.89 per share. As a result of the transaction, Phillips David Emmitt now holds 0 shares, worth roughly $0.0.
Wolfe Research downgraded its Goodyear Tire & Rubber Co. [GT] rating to a Peer perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in mid June with a ‘”an Equal-weight”‘ rating. HSBC Securities began covering GT with “Buy” recommendation on December 04, 2023. Deutsche Bank revised its rating on November 16, 2023. It rated GT as “a Buy” which previously was an “a Hold”.
Price Performance Review of GT
On Friday, Goodyear Tire & Rubber Co. [NASDAQ:GT] saw its stock fall -1.43% to $8.25. Over the last five days, the stock has gained 5.23%. Goodyear Tire & Rubber Co. shares have fallen nearly -42.39% since the year began. Nevertheless, the stocks have fallen -36.24% over the past one year. While a 52-week high of $15.24 was reached on 01/26/24, a 52-week low of $7.27 was recorded on 09/11/24. SMA at 50 days reached $9.32, while 200 days put it at $11.91.
Levels Of Support And Resistance For GT Stock
The 24-hour chart illustrates a support level at 8.18, which if violated will result in even more drops to 8.11. On the upside, there is a resistance level at 8.33. A further resistance level may holdings at 8.40. The Relative Strength Index (RSI) on the 14-day chart is 46.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.23%. Stochastics %K at 63.41% indicates the stock is a holding.
How much short interest is there in Goodyear Tire & Rubber Co.?
A steep rise in short interest was recorded in Goodyear Tire & Rubber Co. stocks on 2024-08-30, dropping by -2.51 million shares to a total of 17.86 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 20.37 million shares. There was a decline of -14.04%, which implies that there is a negative sentiment for the stock.
