In a filing, Cinemark Holdings Inc revealed its Pr – Cinemark International Fernandes Valmir unloaded Company’s shares for reported $0.68 million on Aug 19 ’24. In the deal valued at $27.19 per share,25,000 shares were sold. As a result of this transaction, Fernandes Valmir now holds 204,729 shares worth roughly $5.83 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, Fernandes Valmir bought 25,000 shares, generating $679,878 in total proceeds.
Before that, Gierhart Wanda Marie sold 19,593 shares. Cinemark Holdings Inc shares valued at $328,183 were divested by the Chief Marketing & Content Ofc at a price of $16.75 per share. As a result of the transaction, Gierhart Wanda Marie now holds 179,591 shares, worth roughly $5.11 million.
Barrington Research downgraded its Cinemark Holdings Inc [CNK] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in late August from “a Buy” to “a Neutral”. Barrington Research also remained covering CNK and reiterated its “an Outperform” recommendation on August 05, 2024. B. Riley Securities revised its rating on July 08, 2024. It rated CNK as “a Buy” which previously was an “a Neutral”.
Price Performance Review of CNK
On Tuesday, Cinemark Holdings Inc [NYSE:CNK] saw its stock fall -0.32% to $28.47. Over the last five days, the stock has lost -0.84%. Cinemark Holdings Inc shares have risen nearly 102.06% since the year began. Nevertheless, the stocks have risen 80.76% over the past one year. While a 52-week high of $29.87 was reached on 10/11/24, a 52-week low of $13.19 was recorded on 01/16/24. SMA at 50 days reached $27.86, while 200 days put it at $20.62.
Levels Of Support And Resistance For CNK Stock
The 24-hour chart illustrates a support level at 28.21, which if violated will result in even more drops to 27.95. On the upside, there is a resistance level at 28.87. A further resistance level may holdings at 29.26. The Relative Strength Index (RSI) on the 14-day chart is 54.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.00%. Stochastics %K at 64.62% indicates the stock is a holding.
How much short interest is there in Cinemark Holdings Inc?
A steep rise in short interest was recorded in Cinemark Holdings Inc stocks on 2024-09-30, dropping by -0.22 million shares to a total of 21.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 21.62 million shares. There was a decline of -1.02%, which implies that there is a negative sentiment for the stock.
