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Examining the Potential Price Growth of Essential Properties Realty Trust Inc (EPRT)

In a filing, Essential Properties Realty Trust Inc revealed its President and CEO Mavoides Peter M. unloaded Company’s shares for reported $0.54 million on Nov 04 ’24. In the deal valued at $31.89 per share,16,829 shares were sold. As a result of this transaction, Mavoides Peter M. now holds 402,485 shares worth roughly $13.22 million.

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Then, Peter Mavoides bought 44,646 shares, generating $1,462,603 in total proceeds.

Before that, Mavoides Peter M. sold 27,817 shares. Essential Properties Realty Trust Inc shares valued at $899,324 were divested by the President and CEO at a price of $32.33 per share. As a result of the transaction, Mavoides Peter M. now holds 446,076 shares, worth roughly $14.65 million.

Deutsche Bank initiated its Essential Properties Realty Trust Inc [EPRT] rating to a Buy in a research note published on December 11, 2024; the price target was $38. A number of analysts have revised their coverage, including Wedbush’s analysts, who began to cover the stock in mid August with a ‘”an Outperform”‘ rating. Evercore ISI also remained covering EPRT and has decreased its forecast on July 17, 2024 with a “an In-line” recommendation from previously “an Outperform” rating. Goldman started covering the stock on June 28, 2024. It rated EPRT as “a Buy”.

Price Performance Review of EPRT

On Monday, Essential Properties Realty Trust Inc [NYSE:EPRT] saw its stock fall -0.18% to $32.84. Over the last five days, the stock has gained 0.27%. Essential Properties Realty Trust Inc shares have risen nearly 28.48% since the year began. Nevertheless, the stocks have risen 25.92% over the past one year. While a 52-week high of $34.88 was reached on 11/29/24, a 52-week low of $23.58 was recorded on 02/29/24. SMA at 50 days reached $33.02, while 200 days put it at $29.62.

Levels Of Support And Resistance For EPRT Stock

The 24-hour chart illustrates a support level at 32.72, which if violated will result in even more drops to 32.60. On the upside, there is a resistance level at 33.00. A further resistance level may holdings at 33.16. The Relative Strength Index (RSI) on the 14-day chart is 47.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.68%. Stochastics %K at 19.28% indicates the stock is a buying.

How much short interest is there in Essential Properties Realty Trust Inc?

A steep rise in short interest was recorded in Essential Properties Realty Trust Inc stocks on 2024-11-29, growing by 1.98 million shares to a total of 20.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 18.33 million shares. There was a rise of 9.74%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on May 31, 2024 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $30 price target.

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