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UBS Upgrades Expand Energy Corp (EXE) to a Buy from a Neutral

In a filing, Expand Energy Corp revealed its Director Kehr Catherine A unloaded Company’s shares for reported $4.34 million on Nov 22 ’24. In the deal valued at $99.58 per share,43,623 shares were sold. As a result of this transaction, Kehr Catherine A now holds 5,201 shares worth roughly $0.51 million.

Then, Kehr Catherine A bought 43,623 shares, generating $4,343,792 in total proceeds.

Before that, Russ Benjamin bought 2,552 shares. Expand Energy Corp shares valued at $252,648 were divested by the Former Officer at a price of $99.00 per share.

UBS upgraded its Expand Energy Corp [EXE] rating to a Buy from a a Neutral in a research note published recently. ROTH MKM began covering EXE with “Buy” recommendation on September 27, 2024.

Price Performance Review of EXE

On Friday, Expand Energy Corp [NASDAQ:EXE] saw its stock fall -1.13% to $98.53. Over the last five days, the stock has gained 2.03%. Expand Energy Corp shares have risen nearly 28.26% since the year began. Nevertheless, the stocks have risen 31.66% over the past one year. While a 52-week high of $101.27 was reached on 11/21/24, a 52-week low of $69.12 was recorded on 09/10/24. SMA at 50 days reached $91.89, while 200 days put it at $84.92.

Levels Of Support And Resistance For EXE Stock

The 24-hour chart illustrates a support level at 97.80, which if violated will result in even more drops to 97.07. On the upside, there is a resistance level at 99.72. A further resistance level may holdings at 100.91. The Relative Strength Index (RSI) on the 14-day chart is 60.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.12, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 41.16%. Stochastics %K at 70.39% indicates the stock is a holding.

How much short interest is there in Expand Energy Corp?

A steep rise in short interest was recorded in Expand Energy Corp stocks on 2024-11-29, growing by 0.41 million shares to a total of 15.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 15.0 million shares. There was a rise of 2.65%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on April 10, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $102 price target.

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