The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Arcos Dorados Holdings Inc shares valued at $64,274 were purchased by BASTIDAS SALDARRIAGA JUAN DAVI on Nov 27 ’24. At $8.15 per share, BASTIDAS SALDARRIAGA JUAN DAVI acquired 7,889 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Annette Franqui purchased 200,000 shares, netting a total of over 200,000 in proceeds.
As published in their initiating research note from Jefferies on December 01, 2023, Arcos Dorados Holdings Inc [ARCO] has been a Buy and the price target has been revised to $15. Analysts at Barclays started covering the stock with ‘”an Overweight”‘ outlook in a report released in late September. As of April 04, 2022, HSBC Securities has decreased its “Buy” rating to a “Hold” for ARCO. Earlier on March 24, 2022, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for ARCO stock which previously was a “a Neutral”.
Analyzing ARCO Stock Performance
During the last five days, there has been a drop of approximately -6.63%. Over the course of the year, Arcos Dorados Holdings Inc shares have dropped approximately -38.93%. Shares of the company reached a 52-week high of $13.20 on 01/26/24 and a 52-week low of $7.74 on 12/12/24. A 50-day SMA is recorded $8.78, while a 200-day SMA reached $9.65. Nevertheless, trading volume fell to 1.36 million shares from 1.65 million shares the previous day.
Support And Resistance Levels for Arcos Dorados Holdings Inc (ARCO)
According to the 24-hour chart, there is a support level at 7.63, which, if violated, would cause prices to drop to 7.50. In the upper region, resistance lies at 7.99. The next price resistance is at 8.22. RSI (Relative Strength Index) is 33.19 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.21, which suggests the price will decrease in the coming days. Percent R is at 98.81%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
