Ranger Energy Services Inc’s recent filing unveils that its Director Agee Brett T. unloaded Company’s shares for reported $0.29 million on Dec 16 ’24. In the deal valued at $15.30 per share,19,209 shares were sold. As a result of this transaction, Agee Brett T. now holds 1,843,999 shares worth roughly $26.66 million.
Then, Agee Brett T. sold 30,791 shares, generating $477,775 in total proceeds. Upon selling the shares at $15.52, the Director now owns 1,863,208 shares.
Before that, Agee Brett T. sold 116,136 shares. Ranger Energy Services Inc shares valued at $1,822,604 were divested by the Director at a price of $15.69 per share. As a result of the transaction, Agee Brett T. now holds 1,893,999 shares, worth roughly $27.39 million.
Barclays downgraded its Ranger Energy Services Inc [RNGR] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in early January from “an In-line” to “an Outperform”. B. Riley Securities also remained covering RNGR and has increased its forecast on December 10, 2020 with a “Buy” recommendation from previously “Neutral” rating. Piper Sandler revised its rating on April 15, 2020. It rated RNGR as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of RNGR
On Tuesday, Ranger Energy Services Inc [NYSE:RNGR] saw its stock jump 0.98% to $14.46. Over the last five days, the stock has lost -3.15%. Ranger Energy Services Inc shares have risen nearly 41.35% since the year began. Nevertheless, the stocks have risen 39.98% over the past one year. While a 52-week high of $17.20 was reached on 12/05/24, a 52-week low of $9.27 was recorded on 05/07/24. SMA at 50 days reached $14.72, while 200 days put it at $12.05.
Levels Of Support And Resistance For RNGR Stock
The 24-hour chart illustrates a support level at 14.17, which if violated will result in even more drops to 13.88. On the upside, there is a resistance level at 14.64. A further resistance level may holdings at 14.81. The Relative Strength Index (RSI) on the 14-day chart is 38.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.62%. Stochastics %K at 14.10% indicates the stock is a buying.
How much short interest is there in Ranger Energy Services Inc?
A steep rise in short interest was recorded in Ranger Energy Services Inc stocks on 2024-11-29, dropping by 26185.0 shares to a total of 0.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.31 million shares. There was a decline of -9.37%, which implies that there is a negative sentiment for the stock.
