Greenbrier Cos., Inc.’s filing revealed that its Officer BAKER MARTIN RAYMOND acquired Company’s shares for reported $0.52 million on Oct 28 ’24. In the deal valued at $62.50 per share,8,285 shares were bought.
Then, Galvan Ricardo sold 1,976 shares, generating $114,608 in total proceeds. Upon selling the shares at $58.00, the SVP, Operations, Maint Svcs. now owns 33,776 shares.
Before that, Galvan Ricardo sold 1,388 shares. Greenbrier Cos., Inc. shares valued at $86,056 were divested by the SVP, Operations, Maint Svcs. at a price of $62.00 per share. As a result of the transaction, Galvan Ricardo now holds 32,388 shares, worth roughly $2.01 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 Monday, Greenbrier Cos., Inc. [NYSE:GBX] saw its stock jump 1.68% to $62.18. Over the last five days, the stock has gained 20.27%. Greenbrier Cos., Inc. shares have risen nearly 40.74% since the year began. Nevertheless, the stocks have risen 90.79% over the past one year. While a 52-week high of $61.54 was reached on 10/28/24, a 52-week low of $32.20 was recorded on 07/08/24. SMA at 50 days reached $49.85, while 200 days put it at $49.66.
Levels Of Support And Resistance For GBX Stock
The 24-hour chart illustrates a support level at 61.40, which if violated will result in even more drops to 60.61. On the upside, there is a resistance level at 63.21. A further resistance level may holdings at 64.23. The Relative Strength Index (RSI) on the 14-day chart is 81.27, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.41, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.76%. Stochastics %K at 95.83% 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 2024-10-15, growing by 7612.0 shares to a total of 1.93 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 1.92 million shares. There was a rise of 0.39%, which implies that there is a positive sentiment for the stock.
