Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Greenbrier Cos., Inc. shares valued at $101,665 were purchased by RICARDO GALVAN on Oct 24 ’24. At $51.45 per share, RICARDO GALVAN acquired 1,976 shares.
Also, Dornan Laurie R sold 5,935 shares, netting a total of over 302,211 in proceeds. Following the sale of shares at $50.92 each, the insider now holds 23,226 shares.
Before that, Dornan Laurie R had added 5,935 shares to its account. In a trade valued at $302,211, the Officer bought Greenbrier Cos., Inc. shares for $50.92 each.
As published in a research note from TD Cowen on April 08, 2024, Greenbrier Cos., Inc. [GBX] has been retained to a Buy and the price target has been revised to $60. Analysts at Susquehanna upgraded the stock from ‘”a Neutral”‘ to ‘”a Positive”‘ outlook in a report released in mid October. As of September 07, 2023, Wells Fargo has decreased its “an Overweight” rating to a “an Equal weight” for GBX. Earlier on January 17, 2023, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for GBX stock which previously was a “a Neutral”.
Analyzing GBX Stock Performance
During the last five days, there has been a surge of approximately 14.04%. Over the course of the year, Greenbrier Cos., Inc. shares have jumped approximately 35.88%. Shares of the company reached a 52-week high of $60.12 on 10/24/24 and a 52-week low of $41.40 on 07/08/24. A 50-day SMA is recorded $49.23, while a 200-day SMA reached $49.52. Nevertheless, trading volume fell to 1.24 million shares from 0.16 million shares the previous day.
Support And Resistance Levels for Greenbrier Cos., Inc. (GBX)
According to the 24-hour chart, there is a support level at 55.68, which, if violated, would cause prices to drop to 51.33. In the upper region, resistance lies at 62.25. The next price resistance is at 64.46. RSI (Relative Strength Index) is 78.56 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.61, which suggests the price will increase in the coming days. Percent R is at 0.74%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
