APA Corporation’s recently made public that its Former Officer LANNIE P ANTHONY acquired Company’s shares for reported $2.15 million on Oct 28 ’24. In the deal valued at $23.97 per share,89,501 shares were bought.
Then, Rabun Daniel Wayne bought 75,998 shares, generating $2,251,820 in total proceeds.
A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid June from “an Outperform” to “an In-line”. Barclays started covering the stock on April 10, 2024. It rated APA as “an Equal weight”.
Price Performance Review of APA
On Tuesday, APA Corporation [NASDAQ:APA] saw its stock fall -1.65% to $23.31. Over the last five days, the stock has lost -7.43%. APA Corporation shares have fallen nearly -35.03% since the year began. Nevertheless, the stocks have fallen -41.91% over the past one year. While a 52-week high of $40.93 was reached on 01/03/24, a 52-week low of $22.72 was recorded on 09/11/24. SMA at 50 days reached $25.78, while 200 days put it at $29.55.
Levels Of Support And Resistance For APA Stock
The 24-hour chart illustrates a support level at 23.04, which if violated will result in even more drops to 22.77. On the upside, there is a resistance level at 23.70. A further resistance level may holdings at 24.10. The Relative Strength Index (RSI) on the 14-day chart is 33.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.31%. Stochastics %K at 8.72% indicates the stock is a buying.
How much short interest is there in APA Corporation?
A steep rise in short interest was recorded in APA Corporation stocks on 2024-10-15, growing by 2.06 million shares to a total of 18.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 16.92 million shares. There was a rise of 10.83%, which implies that there is a positive sentiment for the stock.
