In a filing, Douglas Dynamics Inc revealed its Chief Operating Officer Van Genderen Mark acquired Company’s shares for reported $0.11 million on Nov 01 ’24. In the deal valued at $22.96 per share,5,000 shares were bought. As a result of this transaction, Van Genderen Mark now holds 24,948 shares worth roughly $0.59 million.
Then, McCormick Robert L sold 14,417 shares, generating $356,545 in total proceeds. Upon selling the shares at $24.73, the President and CEO now owns 91,832 shares.
Before that, Sisulak Jon J sold 877 shares. Douglas Dynamics Inc shares valued at $21,806 were divested by the Controller at a price of $24.86 per share. As a result of the transaction, Sisulak Jon J now holds 9,447 shares, worth roughly $0.22 million.
Robert W. Baird downgraded its Douglas Dynamics Inc [PLOW] rating to a Neutral from a an Outperform in a research note published on April 08, 2024; the price target was decreased to $25 from $36. A number of analysts have revised their coverage, including DA Davidson’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. Robert W. Baird also remained covering PLOW and has increased its forecast on February 03, 2021 with a “an Outperform” recommendation from previously “Neutral” rating. Sidoti revised its rating on March 12, 2020. It rated PLOW as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PLOW
On Tuesday, Douglas Dynamics Inc [NYSE:PLOW] saw its stock fall -0.34% to $23.54. Over the last five days, the stock has lost -6.18%. Douglas Dynamics Inc shares have fallen nearly -20.69% since the year began. Nevertheless, the stocks have fallen -22.03% over the past one year. While a 52-week high of $30.98 was reached on 07/31/24, a 52-week low of $21.31 was recorded on 07/10/24. SMA at 50 days reached $25.19, while 200 days put it at $25.08.
Levels Of Support And Resistance For PLOW Stock
The 24-hour chart illustrates a support level at 23.38, which if violated will result in even more drops to 23.23. On the upside, there is a resistance level at 23.64. A further resistance level may holdings at 23.75. The Relative Strength Index (RSI) on the 14-day chart is 31.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.62%. Stochastics %K at 7.88% indicates the stock is a buying.
How much short interest is there in Douglas Dynamics Inc?
A steep rise in short interest was recorded in Douglas Dynamics Inc stocks on 2024-11-29, dropping by 25579.0 shares to a total of 0.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.43 million shares. There was a decline of -6.26%, which implies that there is a negative sentiment for the stock.
