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Jefferies’s latest rating for EIX stock

In a filing, Edison International revealed its VICE PRESIDENT Bowman Erica S unloaded Company’s shares for reported $42.0 on Nov 22 ’24. In the deal valued at $87.88 per share,0 shares were sold. As a result of this transaction, Bowman Erica S now holds 1,287 shares worth roughly $0.11 million.

Then, Taylor Peter J. sold 1,250 shares, generating $104,100 in total proceeds. Upon selling the shares at $83.28, the Director now owns 32,372 shares.

Before that, Taylor Peter J. bought 1,250 shares. Edison International shares valued at $102,662 were divested by the Officer at a price of $82.13 per share.

Jefferies initiated its Edison International [EIX] rating to a Buy in a research note published on November 07, 2024; the price target was $93. UBS also remained covering EIX and has decreased its forecast on July 19, 2024 with a “Neutral” recommendation from previously “Buy” rating. Goldman started covering the stock on April 10, 2024. It rated EIX as “a Neutral”.

Price Performance Review of EIX

On Monday, Edison International [NYSE:EIX] saw its stock fall -1.11% to $83.02. Over the last five days, the stock has lost -3.22%. Edison International shares have risen nearly 16.13% since the year began. Nevertheless, the stocks have risen 23.34% over the past one year. While a 52-week high of $88.77 was reached on 09/04/24, a 52-week low of $63.15 was recorded on 02/13/24. SMA at 50 days reached $84.65, while 200 days put it at $77.79.

Levels Of Support And Resistance For EIX Stock

The 24-hour chart illustrates a support level at 82.61, which if violated will result in even more drops to 82.21. On the upside, there is a resistance level at 83.82. A further resistance level may holdings at 84.61. The Relative Strength Index (RSI) on the 14-day chart is 41.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.73%. Stochastics %K at 20.21% indicates the stock is a holding.

How much short interest is there in Edison International?

A steep rise in short interest was recorded in Edison International stocks on 2024-11-15, growing by 71413.0 shares to a total of 6.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 5.95 million shares. There was a rise of 1.19%, which implies that there is a positive sentiment for the stock.

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