The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Ball Corp shares valued at $346,795 were sold by Fisher Daniel William on Nov 20 ’24. At $59.77 per share, Fisher Daniel William sold 5,802 shares. The insider’s holdings dropped to 118,043 shares worth approximately $6.63 million following the completion of this transaction.
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
Also, DANIEL W. FISHER purchased 5,802 shares, netting a total of over 346,795 in proceeds.
Before that, Mariani Pedro Henrique had sold 5,000 shares from its account. In a trade valued at $349,486, the Director traded Ball Corp shares for $69.90 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $0.55 million.
As published in a research note from Mizuho on December 10, 2024, Ball Corp [BALL] has been rated up from a Neutral to an Outperform and the price target has been revised to $67. Analysts at Morgan Stanley upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in early September. As of August 14, 2024, Robert W. Baird has increased its “Neutral” rating to a “an Outperform” for BALL. Earlier on June 25, 2024, Truist upgraded its rating. Their new recommendation was “a Buy” for BALL stock which previously was a “a Hold”.
Analyzing BALL Stock Performance
During the last five days, there has been a surge of approximately 1.04%. Over the course of the year, Ball Corp shares have dropped approximately -2.31%. Shares of the company reached a 52-week high of $71.32 on 04/30/24 and a 52-week low of $54.06 on 01/19/24. A 50-day SMA is recorded $60.73, while a 200-day SMA reached $64.13. Nevertheless, trading volume fell to 1.02 million shares from 2.06 million shares the previous day.
Support And Resistance Levels for Ball Corp (BALL)
According to the 24-hour chart, there is a support level at 55.74, which, if violated, would cause prices to drop to 55.28. In the upper region, resistance lies at 56.57. The next price resistance is at 56.95. RSI (Relative Strength Index) is 35.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.83, which suggests the price will decrease in the coming days. Percent R is at 70.90%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.