APA Corporation’s recently made public that its Former Officer LANNIE P ANTHONY acquired Company’s shares for reported $2.15 million on Oct 28 ’24. In the deal valued at $23.97 per share,89,501 shares were bought.
Then, Rabun Daniel Wayne bought 75,998 shares, generating $2,251,820 in total proceeds.
A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid June from “an Outperform” to “an In-line”. Barclays started covering the stock on April 10, 2024. It rated APA as “an Equal weight”.
Price Performance Review of APA
On Tuesday, APA Corporation [NASDAQ:APA] saw its stock jump 0.04% to $22.26. Over the last five days, the stock has lost -0.71%. APA Corporation shares have fallen nearly -37.96% since the year began. Nevertheless, the stocks have fallen -35.42% over the past one year. While a 52-week high of $37.82 was reached on 01/03/24, a 52-week low of $20.95 was recorded on 12/06/24. SMA at 50 days reached $23.79, while 200 days put it at $28.35.
Levels Of Support And Resistance For APA Stock
The 24-hour chart illustrates a support level at 22.00, which if violated will result in even more drops to 21.74. On the upside, there is a resistance level at 22.53. A further resistance level may holdings at 22.81. The Relative Strength Index (RSI) on the 14-day chart is 45.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.18%. Stochastics %K at 46.88% indicates the stock is a holding.
How much short interest is there in APA Corporation?
A steep rise in short interest was recorded in APA Corporation stocks on 2024-11-29, growing by 4.43 million shares to a total of 20.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 16.03 million shares. There was a rise of 21.66%, which implies that there is a positive sentiment for the stock.
