Easterly Government Properties Inc’s recent filing unveils that its President & CEO Crate Darrell W acquired Company’s shares for reported $0.11 million on Dec 23 ’24. In the deal valued at $10.91 per share,10,000 shares were bought. As a result of this transaction, Crate Darrell W now holds 171,479 shares worth roughly $1.96 million.
Jefferies upgraded its Easterly Government Properties Inc [DEA] rating to a Buy from a a Hold in a research note published on October 14, 2024; the price target was increased to $15 from $13. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who decreased its forecast for the stock in mid August from “a Sector perform” to “an Underperform”. Compass Point also remained covering DEA and has increased its forecast on March 28, 2023 with a “Buy” recommendation from previously “Neutral” rating. BMO Capital Markets revised its rating on December 16, 2022. It rated DEA as “an Underperform” which previously was an “a Market perform”.
Price Performance Review of DEA
On Monday, Easterly Government Properties Inc [NYSE:DEA] saw its stock fall -0.69% to $11.44. Over the last five days, the stock has gained 2.33%. Easterly Government Properties Inc shares have risen nearly 0.70% since the year began. Nevertheless, the stocks have fallen -15.45% over the past one year. While a 52-week high of $14.52 was reached on 01/06/25, a 52-week low of $10.76 was recorded on 01/02/25. SMA at 50 days reached $12.30, while 200 days put it at $12.59.
Levels Of Support And Resistance For DEA Stock
The 24-hour chart illustrates a support level at 11.38, which if violated will result in even more drops to 11.31. On the upside, there is a resistance level at 11.56. A further resistance level may holdings at 11.67. The Relative Strength Index (RSI) on the 14-day chart is 42.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.86%. Stochastics %K at 60.22% indicates the stock is a holding.
How much short interest is there in Easterly Government Properties Inc?
A steep rise in short interest was recorded in Easterly Government Properties Inc stocks on 2024-12-13, growing by 1.03 million shares to a total of 5.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 4.31 million shares. There was a rise of 19.31%, which implies that there is a positive sentiment for the stock.
