In a filing, Argan, Inc revealed its GEMMA, NON-EXECUTIVE CHAIRMAN Griffin William F Jr unloaded Company’s shares for reported $1.02 million on Oct 30 ’24. In the deal valued at $136.09 per share,7,500 shares were sold. As a result of this transaction, Griffin William F Jr now holds 11,650 shares worth roughly $1.59 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Griffin William F Jr bought 7,500 shares, generating $1,020,642 in total proceeds.
Before that, BOSSELMANN RAINER H sold 10,105 shares. Argan, Inc shares valued at $1,314,660 were divested by the Director at a price of $130.10 per share. As a result of the transaction, BOSSELMANN RAINER H now holds 219,879 shares, worth roughly $30.04 million.
CJS Securities upgraded its Argan, Inc [AGX] rating to a Market outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Lake Street’s analysts, who increased its forecast for the stock in late March from “a Hold” to “a Buy”. Lake Street also remained covering AGX and has decreased its forecast on December 07, 2017 with a “Hold” recommendation from previously “Buy” rating. Lake Street maintained its rating on June 08, 2017. It rated AGX as “a Buy”.
Price Performance Review of AGX
On Friday, Argan, Inc [NYSE:AGX] saw its stock fall -8.44% to $136.63. Over the last five days, the stock has lost -12.02%. Argan, Inc shares have risen nearly 192.01% since the year began. Nevertheless, the stocks have risen 199.30% over the past one year. While a 52-week high of $162.78 was reached on 11/11/24, a 52-week low of $39.74 was recorded on 01/24/24. SMA at 50 days reached $117.64, while 200 days put it at $77.17.
Levels Of Support And Resistance For AGX Stock
The 24-hour chart illustrates a support level at 127.49, which if violated will result in even more drops to 118.36. On the upside, there is a resistance level at 145.23. A further resistance level may holdings at 153.84. The Relative Strength Index (RSI) on the 14-day chart is 51.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.00%. Stochastics %K at 53.25% indicates the stock is a holding.
How much short interest is there in Argan, Inc?
A steep rise in short interest was recorded in Argan, Inc stocks on 2024-10-31, growing by 0.15 million shares to a total of 0.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.26 million shares. There was a rise of 36.26%, which implies that there is a positive sentiment for the stock.
