In a filing, APA Corporation revealed 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 -1.35% to $21.87. Over the last five days, the stock has lost -7.21%. APA Corporation shares have fallen nearly -39.05% since the year began. Nevertheless, the stocks have fallen -40.76% over the past one year. While a 52-week high of $38.27 was reached on 01/03/24, a 52-week low of $21.15 was recorded on 11/08/24. SMA at 50 days reached $24.71, while 200 days put it at $29.14.
Levels Of Support And Resistance For APA Stock
The 24-hour chart illustrates a support level at 21.63, which if violated will result in even more drops to 21.39. On the upside, there is a resistance level at 22.33. A further resistance level may holdings at 22.79. The Relative Strength Index (RSI) on the 14-day chart is 35.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.59%. Stochastics %K at 19.62% 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 2024-10-31, dropping by -1.34 million shares to a total of 16.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 17.37 million shares. There was a decline of -8.35%, which implies that there is a negative sentiment for the stock.
