Plymouth Industrial Reit Inc’s filing revealed that its Director WHITE PENDLETON P. JR. acquired Company’s shares for reported $91950.0 on Nov 15 ’24. In the deal valued at $18.39 per share,5,000 shares were bought. As a result of this transaction, WHITE PENDLETON P. JR. now holds 5,000 shares worth roughly $90000.0.
Then, Witherell Jeffrey E bought 2,000 shares, generating $36,980 in total proceeds. Upon buying the shares at $18.49, the CEO now owns 252,248 shares.
Before that, MIRELF VI REIT Investments IV, sold 563,438 shares. Plymouth Industrial Reit Inc shares valued at $13,285,868 were divested by the No longer a 10% owner at a price of $23.58 per share. As a result of the transaction, MIRELF VI REIT Investments IV, now holds 4,474,292 shares, worth roughly $80.54 million.
Exane BNP Paribas downgraded its Plymouth Industrial Reit Inc [PLYM] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in late March with a ‘”an Equal weight”‘ rating. JMP Securities also remained covering PLYM and has increased its forecast on January 22, 2024 with a “Mkt outperform” recommendation from previously “Mkt perform” rating. JP Morgan revised its rating on December 18, 2023. It rated PLYM as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of PLYM
On Friday, Plymouth Industrial Reit Inc [NYSE:PLYM] saw its stock jump 3.45% to $18.00. Over the last five days, the stock has lost -4.91%. Plymouth Industrial Reit Inc shares have fallen nearly -25.22% since the year began. Nevertheless, the stocks have fallen -25.16% over the past one year. While a 52-week high of $24.88 was reached on 07/24/24, a 52-week low of $17.36 was recorded on 12/20/24. SMA at 50 days reached $19.68, while 200 days put it at $21.47.
Levels Of Support And Resistance For PLYM Stock
The 24-hour chart illustrates a support level at 17.42, which if violated will result in even more drops to 16.85. On the upside, there is a resistance level at 18.37. A further resistance level may holdings at 18.75. The Relative Strength Index (RSI) on the 14-day chart is 38.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.19%. Stochastics %K at 15.05% indicates the stock is a buying.
How much short interest is there in Plymouth Industrial Reit Inc?
A steep rise in short interest was recorded in Plymouth Industrial Reit Inc stocks on 2024-11-29, growing by 0.25 million shares to a total of 0.7 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.46 million shares. There was a rise of 35.08%, which implies that there is a positive sentiment for the stock.
