In a filing, KBR Inc revealed its Pres., Sustainable Tech Solns Ibrahim Jalal unloaded Company’s shares for reported $2.33 million on Aug 19 ’24. In the deal valued at $66.56 per share,35,000 shares were sold. As a result of this transaction, Ibrahim Jalal now holds 106,550 shares worth roughly $7.67 million.
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Then, JALAL IBRAHIM bought 35,000 shares, generating $2,329,488 in total proceeds.
Before that, GALINDO SONIA sold 4,660 shares. KBR Inc shares valued at $307,560 were divested by the EVP, Gen. Counsel & Corp. Sec. at a price of $66.00 per share. As a result of the transaction, GALINDO SONIA now holds 21,409 shares, worth roughly $1.54 million.
TD Cowen downgraded its KBR Inc [KBR] rating to a Hold from a a Buy in a research note published recently.
Price Performance Review of KBR
On Monday, KBR Inc [NYSE:KBR] saw its stock jump 0.60% to $72.02. Over the last five days, the stock has gained 6.89%. KBR Inc shares have risen nearly 29.98% since the year began. Nevertheless, the stocks have risen 37.10% over the past one year. While a 52-week high of $71.94 was reached on 11/11/24, a 52-week low of $50.45 was recorded on 01/25/24. SMA at 50 days reached $66.47, while 200 days put it at $63.95.
Levels Of Support And Resistance For KBR Stock
The 24-hour chart illustrates a support level at 71.68, which if violated will result in even more drops to 71.33. On the upside, there is a resistance level at 72.48. A further resistance level may holdings at 72.94. The Relative Strength Index (RSI) on the 14-day chart is 68.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.05, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.31%. Stochastics %K at 89.13% indicates the stock is a selling.
How much short interest is there in KBR Inc?
A steep rise in short interest was recorded in KBR Inc stocks on 2024-10-15, growing by 0.11 million shares to a total of 1.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 1.71 million shares. There was a rise of 5.98%, which implies that there is a positive sentiment for the stock.