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. Worthington Enterprises Inc shares valued at $100,525 were purchased by HAYEK JOSEPH B on Oct 11 ’24. At $40.21 per share, HAYEK JOSEPH B acquired 2,500 shares. The insider’s holdings grew to 168,875 shares worth approximately $7.12 million following the completion of this transaction.
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, HORTON OZEY K JR sold 1,000 shares, netting a total of over 61,340 in proceeds. Following the sale of shares at $61.34 each, the insider now holds 40,688 shares.
Before that, ROSE B ANDREW had sold 75,568 shares from its account. In a trade valued at $4,630,064, the President & CEO traded Worthington Enterprises Inc shares for $61.27 each. Upon closing the transaction, the insider’s holdings decreased to 75,568 shares, worth approximately $18.44 million.
As published in a research note from Canaccord Genuity on September 26, 2024, Worthington Enterprises Inc [WOR] has been retained to a Hold and the price target has been revised to $46. Analysts at Canaccord Genuity started covering the stock with ‘”a Hold”‘ outlook in a report released in late January. As of January 22, 2024, Goldman has initiated its “Sell” rating for WOR. Earlier on August 15, 2022, BMO Capital Markets initiated its rating. Their recommendation was “a Market perform” for WOR stock.
Analyzing WOR Stock Performance
During the last five days, there has been a surge of approximately 3.13%. Over the course of the year, Worthington Enterprises Inc shares have dropped approximately -26.78%. Shares of the company reached a 52-week high of $69.96 on 03/21/24 and a 52-week low of $37.88 on 12/17/24. A 50-day SMA is recorded $40.32, while a 200-day SMA reached $49.04. Nevertheless, trading volume fell to 1.03 million shares from 0.38 million shares the previous day.
Support And Resistance Levels for Worthington Enterprises Inc (WOR)
According to the 24-hour chart, there is a support level at 40.44, which, if violated, would cause prices to drop to 38.74. In the upper region, resistance lies at 44.92. The next price resistance is at 47.70. RSI (Relative Strength Index) is 57.93 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.92, which suggests the price will decrease in the coming days. Percent R is at 47.54%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
