Peabody Energy Corp’s filing revealed that its EVP and CFO Spurbeck Mark unloaded Company’s shares for reported $0.3 million on Nov 06 ’24. In the deal valued at $29.52 per share,10,000 shares were sold. As a result of this transaction, Spurbeck Mark now holds 65,710 shares worth roughly $1.41 million.
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Then, Spurbeck Mark bought 10,000 shares, generating $295,212 in total proceeds.
Before that, Jarboe Scott T. sold 14,582 shares. Peabody Energy Corp shares valued at $362,363 were divested by the CAO and Corporate Secretary at a price of $24.85 per share. As a result of the transaction, Jarboe Scott T. now holds 66,133 shares, worth roughly $1.42 million.
BMO Capital Markets upgraded its Peabody Energy Corp [BTU] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early June from “a Hold” to “a Buy”. The Benchmark Company also remained covering BTU and has increased its forecast on October 29, 2021 with a “Buy” recommendation from previously “Hold” rating. B. Riley Securities revised its rating on October 04, 2021. It rated BTU as “a Buy” which previously was an “a Neutral”.
Price Performance Review of BTU
On Tuesday, Peabody Energy Corp [NYSE:BTU] saw its stock fall -0.28% to $21.44. Over the last five days, the stock has lost -4.16%. Peabody Energy Corp shares have fallen nearly -11.84% since the year began. Nevertheless, the stocks have fallen -9.54% over the past one year. While a 52-week high of $29.94 was reached on 11/06/24, a 52-week low of $20.21 was recorded on 09/11/24. SMA at 50 days reached $25.29, while 200 days put it at $23.78.
Levels Of Support And Resistance For BTU Stock
The 24-hour chart illustrates a support level at 21.09, which if violated will result in even more drops to 20.74. On the upside, there is a resistance level at 21.65. A further resistance level may holdings at 21.86. The Relative Strength Index (RSI) on the 14-day chart is 27.42, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.90%. Stochastics %K at 5.69% indicates the stock is a buying.
How much short interest is there in Peabody Energy Corp?
A steep rise in short interest was recorded in Peabody Energy Corp stocks on 2024-11-29, dropping by -2.85 million shares to a total of 12.85 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 15.7 million shares. There was a decline of -22.16%, which implies that there is a negative sentiment for the stock.