Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ensign Group Inc shares valued at $58,241 were sold by Blouin Ann Scott on Nov 01 ’24. At $155.31 per share, Blouin Ann Scott sold 375 shares. The insider’s holdings dropped to 21,102 shares worth approximately $3.13 million following the completion of this transaction.
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Also, Blouin Ann Scott purchased 375 shares, netting a total of over 58,241 in proceeds.
Before that, Port Barry had sold 2,000 shares from its account. In a trade valued at $310,000, the Chief Executive Officer traded Ensign Group Inc shares for $155.00 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $7.98 million.
As published in their initiating research note from Macquarie on June 28, 2024, Ensign Group Inc [ENSG] has been an Outperform and the price target has been revised to $134. Analysts at Berenberg started covering the stock with ‘”a Buy”‘ outlook in a report released in late September. Earlier on November 11, 2020, Stephens upgraded its rating. Their new recommendation was “an Overweight” for ENSG stock which previously was a “an Equal-weight”.
Analyzing ENSG Stock Performance
During the last five days, there has been a drop of approximately -4.15%. Over the course of the year, Ensign Group Inc shares have jumped approximately 32.39%. Shares of the company reached a 52-week high of $158.45 on 11/06/24 and a 52-week low of $110.71 on 02/02/24. A 50-day SMA is recorded $149.65, while a 200-day SMA reached $131.35. Nevertheless, trading volume fell to 0.71 million shares from 1.95 million shares the previous day.
Support And Resistance Levels for Ensign Group Inc (ENSG)
According to the 24-hour chart, there is a support level at 143.83, which, if violated, would cause prices to drop to 139.10. In the upper region, resistance lies at 151.24. The next price resistance is at 153.92. RSI (Relative Strength Index) is 47.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.16, which suggests the price will decrease in the coming days. Percent R is at 59.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
