KBR Inc’s filing revealed that 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 $6.55 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 $1.32 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 fall -0.53% to $61.43. Over the last five days, the stock has gained 5.64%. KBR Inc shares have risen nearly 10.86% since the year began. Nevertheless, the stocks have risen 17.52% over the past one year. While a 52-week high of $72.60 was reached on 11/11/24, a 52-week low of $50.45 was recorded on 01/25/24. SMA at 50 days reached $66.21, while 200 days put it at $64.39.
Levels Of Support And Resistance For KBR Stock
The 24-hour chart illustrates a support level at 60.65, which if violated will result in even more drops to 59.87. On the upside, there is a resistance level at 62.09. A further resistance level may holdings at 62.75. The Relative Strength Index (RSI) on the 14-day chart is 39.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.02%. Stochastics %K at 26.11% indicates the stock is a holding.
How much short interest is there in KBR Inc?
A steep rise in short interest was recorded in KBR Inc stocks on 2024-10-31, growing by 0.93 million shares to a total of 2.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.52 million shares. There was a rise of 37.85%, which implies that there is a positive sentiment for the stock.
