Varex Imaging Corp’s recent filing unveils that its SVP and CLO Honeysett Kimberley E. unloaded Company’s shares for reported $32302.0 on Aug 20 ’24. In the deal valued at $12.53 per share,2,578 shares were sold. As a result of this transaction, Honeysett Kimberley E. now holds 275 shares worth roughly $4323.0.
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Then, Honeysett Kimberley E. bought 2,578 shares, generating $32,302 in total proceeds.
Before that, Maheshwari Shubham bought 10,000 shares. Varex Imaging Corp shares valued at $108,200 were divested by the Chief Financial Officer at a price of $10.82 per share. As a result of the transaction, Maheshwari Shubham now holds 56,063 shares, worth roughly $0.88 million.
B. Riley Securities initiated its Varex Imaging Corp [VREX] rating to a Buy in a research note published on August 23, 2024; the price target was $21. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid October with a ‘”a Hold”‘ rating. Oppenheimer also remained covering VREX and has increased its forecast on February 05, 2021 with a “an Outperform” recommendation from previously “Perform” rating. Oppenheimer revised its rating on August 13, 2020. It rated VREX as “a Perform” which previously was an “an Outperform”.
Price Performance Review of VREX
On Friday, Varex Imaging Corp [NASDAQ:VREX] saw its stock fall -1.87% to $15.72. Over the last five days, the stock has lost -5.76%. Varex Imaging Corp shares have fallen nearly -23.32% since the year began. Nevertheless, the stocks have fallen -15.44% over the past one year. While a 52-week high of $21.50 was reached on 01/12/24, a 52-week low of $10.19 was recorded on 09/10/24. SMA at 50 days reached $13.60, while 200 days put it at $14.57.
Levels Of Support And Resistance For VREX Stock
The 24-hour chart illustrates a support level at 15.53, which if violated will result in even more drops to 15.33. On the upside, there is a resistance level at 16.04. A further resistance level may holdings at 16.36. The Relative Strength Index (RSI) on the 14-day chart is 59.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.00%. Stochastics %K at 72.33% indicates the stock is a holding.
How much short interest is there in Varex Imaging Corp?
A steep rise in short interest was recorded in Varex Imaging Corp stocks on 2024-10-31, growing by 58364.0 shares to a total of 1.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.5 million shares. There was a rise of 3.75%, which implies that there is a positive sentiment for the stock.