Euronet Worldwide Inc’s filing revealed that its CEO, EFT EMEA Division Fountas Nikos unloaded Company’s shares for reported $2.22 million on Dec 09 ’24. In the deal valued at $103.56 per share,21,479 shares were sold. As a result of this transaction, Fountas Nikos now holds 52,370 shares worth roughly $5.43 million.
Then, NIKOS FOUNTAS bought 21,479 shares, generating $2,224,591 in total proceeds.
Before that, Bruckner Martin L. sold 9,397 shares. Euronet Worldwide Inc shares valued at $1,008,383 were divested by the SVP – Chief Technology Officer at a price of $107.31 per share. As a result of the transaction, Bruckner Martin L. now holds 39,983 shares, worth roughly $4.15 million.
Citigroup downgraded its Euronet Worldwide Inc [EEFT] rating to a Neutral from a a Buy in a research note published on October 18, 2024; the price target was decreased to $110 from $118. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. Monness Crespi & Hardt also remained covering EEFT and reiterated its “Neutral” recommendation on July 22, 2024. Wolfe Research revised its rating on May 17, 2024. It rated EEFT as “a Peer perform” which previously was an “an Underperform”.
Price Performance Review of EEFT
On Friday, Euronet Worldwide Inc [NASDAQ:EEFT] saw its stock jump 0.55% to $103.67. Over the last five days, the stock has gained 0.20%. Euronet Worldwide Inc shares have risen nearly 2.15% since the year began. Nevertheless, the stocks have risen 3.13% over the past one year. While a 52-week high of $117.66 was reached on 06/03/24, a 52-week low of $91.07 was recorded on 08/05/24. SMA at 50 days reached $102.26, while 200 days put it at $104.44.
Levels Of Support And Resistance For EEFT Stock
The 24-hour chart illustrates a support level at 102.33, which if violated will result in even more drops to 100.99. On the upside, there is a resistance level at 105.27. A further resistance level may holdings at 106.86. The Relative Strength Index (RSI) on the 14-day chart is 50.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.10%. Stochastics %K at 24.02% indicates the stock is a holding.
How much short interest is there in Euronet Worldwide Inc?
A steep rise in short interest was recorded in Euronet Worldwide Inc stocks on 2024-11-29, growing by 0.15 million shares to a total of 1.21 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.06 million shares. There was a rise of 12.08%, which implies that there is a positive sentiment for the stock.
