Sony Group Corporation ADR’s recently made public that its Officer VINCIQUERRA ANTHONY J acquired Company’s shares for reported $10.18 million on Dec 03 ’24. In the deal valued at $20.35 per share,500,000 shares were bought.
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Then, VINCIQUERRA ANTHONY J bought 500,000 shares, generating $9,999,161 in total proceeds.
Before that, AJV TRUST bought 44,675 shares. Sony Group Corporation ADR shares valued at $4,102,353 were divested by the Officer at a price of $91.83 per share.
Daiwa Securities downgraded its Sony Group Corporation ADR [SONY] rating to an Outperform from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Macquarie’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Neutral”. Wolfe Research began covering SONY with “an Outperform” recommendation on December 12, 2023. The Benchmark Company started covering the stock on October 16, 2023. It rated SONY as “a Buy”.
Price Performance Review of SONY
On Tuesday, Sony Group Corporation ADR [NYSE:SONY] saw its stock jump 2.30% to $20.47. Over the last five days, the stock has gained 5.41%. Sony Group Corporation ADR shares have risen nearly 8.09% since the year began. Nevertheless, the stocks have risen 18.82% over the past one year. While a 52-week high of $20.67 was reached on 11/08/24, a 52-week low of $15.02 was recorded on 05/10/24. SMA at 50 days reached $18.76, while 200 days put it at $17.69.
Levels Of Support And Resistance For SONY Stock
The 24-hour chart illustrates a support level at 20.36, which if violated will result in even more drops to 20.26. On the upside, there is a resistance level at 20.53. A further resistance level may holdings at 20.60. The Relative Strength Index (RSI) on the 14-day chart is 71.14, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.96%. Stochastics %K at 98.28% indicates the stock is a selling.
How much short interest is there in Sony Group Corporation ADR?
A steep rise in short interest was recorded in Sony Group Corporation ADR stocks on 2024-11-15, dropping by -3.51 million shares to a total of 7.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 10.91 million shares. There was a decline of -47.41%, which implies that there is a negative sentiment for the stock.
