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Examining the Potential Price Growth of Assured Guaranty Ltd (AGO)

Assured Guaranty Ltd’s recently made public that its Director Omura Yukiko unloaded Company’s shares for reported $0.29 million on Sep 26 ’24. In the deal valued at $79.73 per share,3,599 shares were sold. As a result of this transaction, Omura Yukiko now holds 19,285 shares worth roughly $1.62 million.

Then, OMURA YUKIKO bought 3,599 shares, generating $286,444 in total proceeds.

Before that, FREDERICO DOMINIC sold 31,000 shares. Assured Guaranty Ltd shares valued at $2,480,286 were divested by the President/CEO/Deputy Chairman at a price of $80.01 per share. As a result of the transaction, FREDERICO DOMINIC now holds 1,380,119 shares, worth roughly $115.86 million.

Keefe Bruyette upgraded its Assured Guaranty Ltd [AGO] rating to an Outperform from a a Mkt perform in a research note published on July 09, 2024; the price target was increased to $92 from $87. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in early April from “an Outperform” to “a Mkt perform”. Compass Point began covering AGO with “Buy” recommendation on November 28, 2022. UBS revised its rating on April 05, 2022. It rated AGO as “a Neutral” which previously was an “a Buy”.

Price Performance Review of AGO

On Friday, Assured Guaranty Ltd [NYSE:AGO] saw its stock fall -0.01% to $83.95. Over the last five days, the stock has gained 1.36%. Assured Guaranty Ltd shares have risen nearly 12.19% since the year began. Nevertheless, the stocks have risen 37.15% over the past one year. While a 52-week high of $96.60 was reached on 02/28/24, a 52-week low of $59.01 was recorded on 08/08/24. SMA at 50 days reached $78.74, while 200 days put it at $80.36.

Levels Of Support And Resistance For AGO Stock

The 24-hour chart illustrates a support level at 83.36, which if violated will result in even more drops to 82.77. On the upside, there is a resistance level at 84.66. A further resistance level may holdings at 85.38. The Relative Strength Index (RSI) on the 14-day chart is 64.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.58, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.03%. Stochastics %K at 89.51% indicates the stock is a selling.

How much short interest is there in Assured Guaranty Ltd?

A steep rise in short interest was recorded in Assured Guaranty Ltd stocks on 2024-09-30, dropping by 82058.0 shares to a total of 0.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 0.9 million shares. There was a decline of -10.0%, which implies that there is a negative sentiment for the stock.

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