Argan, Inc.’s recent filing unveils that its Director Flanders Cynthia unloaded Company’s shares for reported $0.48 million on Sep 25 ’24. In the deal valued at $96.39 per share,5,000 shares were sold. As a result of this transaction, Flanders Cynthia now holds 17,332 shares worth roughly $2.09 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, Leimkuhler William F. sold 10,000 shares, generating $962,000 in total proceeds. Upon selling the shares at $96.20, the Director now owns 35,852 shares.
Before that, Leimkuhler William F. bought 10,000 shares. Argan, Inc. shares valued at $906,650 were divested by the Director at a price of $90.67 per share.
CJS Securities upgraded its Argan, Inc. [AGX] rating to a Market outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Lake Street’s analysts, who increased its forecast for the stock in late March from “a Hold” to “a Buy”. Lake Street also remained covering AGX and has decreased its forecast on December 07, 2017 with a “Hold” recommendation from previously “Buy” rating. Lake Street maintained its rating on June 08, 2017. It rated AGX as “a Buy”.
Price Performance Review of AGX
On Tuesday, Argan, Inc. [NYSE:AGX] saw its stock jump 5.82% to $120.48. Over the last five days, the stock has gained 11.75%. Argan, Inc. shares have risen nearly 157.49% since the year began. Nevertheless, the stocks have risen 162.48% over the past one year. While a 52-week high of $116.56 was reached on 10/15/24, a 52-week low of $39.74 was recorded on 01/24/24. SMA at 50 days reached $88.13, while 200 days put it at $66.53.
Levels Of Support And Resistance For AGX Stock
The 24-hour chart illustrates a support level at 112.02, which if violated will result in even more drops to 103.57. On the upside, there is a resistance level at 125.81. A further resistance level may holdings at 131.15. The Relative Strength Index (RSI) on the 14-day chart is 81.77, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.74, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.10%. Stochastics %K at 90.66% indicates the stock is a selling.
How much short interest is there in Argan, Inc.?
A steep rise in short interest was recorded in Argan, Inc. stocks on 2024-09-30, dropping by 32460.0 shares to a total of 0.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 0.29 million shares. There was a decline of -12.55%, which implies that there is a negative sentiment for the stock.
