Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Onewater Marine Inc shares valued at $47,625 were purchased by ROY J STEVEN on Nov 20 ’24. At $19.05 per share, ROY J STEVEN acquired 2,500 shares. The insider’s holdings grew to 20,760 shares worth approximately $0.46 million following the completion of this transaction.
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Also, Singleton Philip Austin Jr. purchased 11,939 shares, netting a total of over 231,855 in proceeds. Following the buying of shares at $19.42 each, the insider now holds 632,161 shares.
Before that, Singleton Philip Austin Jr. had added 11,579 shares to its account. In a trade valued at $216,990, the insider bought Onewater Marine Inc shares for $18.74 each. Upon closing the transaction, the insider’s holdings increased to 11,579 shares, worth approximately $14.26 million.
As published in their initiating research note from The Benchmark Company on May 22, 2024, Onewater Marine Inc [ONEW] has been a Hold. Analysts at Raymond James downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid July. As of April 19, 2023, KeyBanc Capital Markets has initiated its “an Overweight” rating for ONEW. Earlier on September 30, 2022, DA Davidson initiated its rating. Their recommendation was “a Neutral” for ONEW stock.
Analyzing ONEW Stock Performance
During the last five days, there has been a surge of approximately 19.02%. Over the course of the year, Onewater Marine Inc shares have dropped approximately -34.45%. Shares of the company reached a 52-week high of $33.72 on 01/02/24 and a 52-week low of $18.55 on 11/20/24. A 50-day SMA is recorded $22.41, while a 200-day SMA reached $24.56. Nevertheless, trading volume fell to 0.12 million shares from 0.15 million shares the previous day.
Support And Resistance Levels for Onewater Marine Inc (ONEW)
According to the 24-hour chart, there is a support level at 21.06, which, if violated, would cause prices to drop to 19.97. In the upper region, resistance lies at 22.99. The next price resistance is at 23.83. RSI (Relative Strength Index) is 50.74 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.35, which suggests the price will decrease in the coming days. Percent R is at 49.79%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
