Greenbrier Cos., Inc.’s filing revealed that its SVP, Chief HR Officer Dornan Laurie R unloaded Company’s shares for reported $0.3 million on Jul 31 ’24. In the deal valued at $50.92 per share,5,935 shares were sold. As a result of this transaction, Dornan Laurie R now holds 23,226 shares worth roughly $1.21 million.
Then, Dornan Laurie R bought 5,935 shares, generating $302,211 in total proceeds.
Before that, Comstock Brian J sold 10,000 shares. Greenbrier Cos., Inc. shares valued at $524,800 were divested by the EVP & President, The Americas at a price of $52.48 per share. As a result of the transaction, Comstock Brian J now holds 70,111 shares, worth roughly $3.65 million.
TD Cowen reiterated its Greenbrier Cos., Inc. [GBX] rating to a Buy in a research note published on April 08, 2024; the price target was $60. A number of analysts have revised their coverage, including Susquehanna’s analysts, who increased its forecast for the stock in mid October from “a Neutral” to “a Positive”. Wells Fargo also remained covering GBX and has decreased its forecast on September 07, 2023 with a “an Equal weight” recommendation from previously “an Overweight” rating. BofA Securities revised its rating on January 17, 2023. It rated GBX as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of GBX
On Friday, Greenbrier Cos., Inc. [NYSE:GBX] saw its stock fall -1.04% to $52.09. Over the last five days, the stock has gained 0.17%. Greenbrier Cos., Inc. shares have risen nearly 17.90% since the year began. Nevertheless, the stocks have risen 26.34% over the past one year. While a 52-week high of $58.00 was reached on 04/05/24, a 52-week low of $32.00 was recorded on 07/08/24. SMA at 50 days reached $48.54, while 200 days put it at $49.37.
Levels Of Support And Resistance For GBX Stock
The 24-hour chart illustrates a support level at 51.66, which if violated will result in even more drops to 51.23. On the upside, there is a resistance level at 52.79. A further resistance level may holdings at 53.48. The Relative Strength Index (RSI) on the 14-day chart is 61.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.64, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.88%. Stochastics %K at 86.55% indicates the stock is a selling.
How much short interest is there in Greenbrier Cos., Inc.?
A steep rise in short interest was recorded in Greenbrier Cos., Inc. stocks on 2024-09-30, growing by 55969.0 shares to a total of 1.88 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 1.82 million shares. There was a rise of 2.98%, which implies that there is a positive sentiment for the stock.
