Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Greenbrier Cos., Inc shares valued at $321,750 were purchased by RICARDO GALVAN on Nov 06 ’24. At $65.00 per share, RICARDO GALVAN acquired 4,950 shares.
Also, Krueger William J. sold 2,000 shares, netting a total of over 117,561 in proceeds. Following the sale of shares at $58.78 each, the insider now holds 48,714 shares.
Before that, Glenn William had added 8,000 shares to its account. In a trade valued at $485,440, the Officer bought Greenbrier Cos., Inc shares for $60.68 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 7.47%. Over the course of the year, Greenbrier Cos., Inc shares have jumped approximately 47.60%. Shares of the company reached a 52-week high of $66.50 on 11/06/24 and a 52-week low of $41.40 on 07/08/24. A 50-day SMA is recorded $51.80, while a 200-day SMA reached $50.22. Nevertheless, trading volume fell to 0.58 million shares from 0.44 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 64.00, which, if violated, would cause prices to drop to 62.79. In the upper region, resistance lies at 66.46. The next price resistance is at 67.71. RSI (Relative Strength Index) is 77.16 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.77, which suggests the price will increase in the coming days. Percent R is at 8.43%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
