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Understanding the Risks of Investing in W. P. Carey Inc (WPC)

W. P. Carey Inc’s recently made public that its Chief Accounting Officer Zander Brian H unloaded Company’s shares for reported $24926.0 on Nov 20 ’24. In the deal valued at $56.65 per share,440 shares were sold. As a result of this transaction, Zander Brian H now holds 7,237 shares worth roughly $0.41 million.

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Then, Farrell Peter bought 1,000 shares, generating $55,556 in total proceeds. Upon buying the shares at $55.56, the Director now owns 22,289 shares.

Before that, ALEXANDER MARK A bought 5,000 shares. W. P. Carey Inc shares valued at $276,430 were divested by the Director at a price of $55.29 per share. As a result of the transaction, ALEXANDER MARK A now holds 45,850 shares, worth roughly $2.57 million.

UBS initiated its W. P. Carey Inc [WPC] rating to a Neutral in a research note published on May 31, 2024; the price target was $57. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in late March with a ‘”an Equal weight”‘ rating. Raymond James also remained covering WPC and has decreased its forecast on February 12, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. JMP Securities revised its rating on November 13, 2023. It rated WPC as “a Mkt perform” which previously was an “a Mkt outperform”.

Price Performance Review of WPC

On Monday, W. P. Carey Inc [NYSE:WPC] saw its stock fall -1.82% to $56.02. Over the last five days, the stock has lost -1.89%. W. P. Carey Inc shares have fallen nearly -13.56% since the year began. Nevertheless, the stocks have fallen -9.99% over the past one year. While a 52-week high of $67.40 was reached on 01/12/24, a 52-week low of $53.09 was recorded on 04/16/24. SMA at 50 days reached $58.33, while 200 days put it at $57.59.

Levels Of Support And Resistance For WPC Stock

The 24-hour chart illustrates a support level at 55.51, which if violated will result in even more drops to 54.99. On the upside, there is a resistance level at 56.79. A further resistance level may holdings at 57.55. The Relative Strength Index (RSI) on the 14-day chart is 43.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.64%. Stochastics %K at 61.79% indicates the stock is a holding.

How much short interest is there in W. P. Carey Inc?

A steep rise in short interest was recorded in W. P. Carey Inc stocks on 2024-11-15, growing by 41917.0 shares to a total of 3.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.36 million shares. There was a rise of 1.23%, which implies that there is a positive sentiment for the stock.

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