Pricesmart Inc’s recent filing unveils that its EVP-Chief Merch. Officer Kovaleski Paul unloaded Company’s shares for reported $0.29 million on Nov 13 ’24. In the deal valued at $89.96 per share,3,235 shares were sold. As a result of this transaction, Kovaleski Paul now holds 44,309 shares worth roughly $4.19 million.
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
Then, McCleary Michael sold 4,000 shares, generating $358,464 in total proceeds. Upon selling the shares at $89.62, the EVP & CFO now owns 62,141 shares.
Before that, Kovaleski Paul bought 3,235 shares. Pricesmart Inc shares valued at $291,029 were divested by the Officer at a price of $89.96 per share.
Jefferies initiated its Pricesmart Inc [PSMT] rating to a Buy in a research note published on December 01, 2023; the price target was $82. A number of analysts have revised their coverage, including Scotiabank’s analysts, who decreased its forecast for the stock in late November from “a Sector outperform” to “a Sector perform”. Scotiabank also remained covering PSMT and has increased its forecast on April 19, 2022 with a “Sector outperform” recommendation from previously “Sector perform” rating. Scotiabank revised its rating on May 08, 2020. It rated PSMT as “a Sector perform” which previously was an “a Sector outperform”.
Price Performance Review of PSMT
On Tuesday, Pricesmart Inc [NASDAQ:PSMT] saw its stock jump 0.38% to $94.57. Over the last five days, the stock has gained 0.47%. Pricesmart Inc shares have risen nearly 25.91% since the year began. Nevertheless, the stocks have risen 26.01% over the past one year. While a 52-week high of $99.23 was reached on 12/12/24, a 52-week low of $71.24 was recorded on 01/05/24. SMA at 50 days reached $91.15, while 200 days put it at $86.20.
Levels Of Support And Resistance For PSMT Stock
The 24-hour chart illustrates a support level at 93.95, which if violated will result in even more drops to 93.33. On the upside, there is a resistance level at 94.88. A further resistance level may holdings at 95.19. The Relative Strength Index (RSI) on the 14-day chart is 57.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.31%. Stochastics %K at 49.54% indicates the stock is a holding.
How much short interest is there in Pricesmart Inc?
A steep rise in short interest was recorded in Pricesmart Inc stocks on 2024-11-29, dropping by -0.11 million shares to a total of 0.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.85 million shares. There was a decline of -14.51%, which implies that there is a negative sentiment for the stock.
