In a filing, Garrett Motion Inc revealed its Officer Mabru Thierry acquired Company’s shares for reported $0.37 million on Oct 29 ’24. In the deal valued at $7.47 per share,50,000 shares were bought.
Then, Mabru Thierry sold 50,000 shares, generating $373,500 in total proceeds. Upon selling the shares at $7.47, the SVP, Integrated Supply Chain now owns 140,509 shares.
Before that, Steyn Julia sold 14,000 shares. Garrett Motion Inc shares valued at $122,795 were divested by the Director at a price of $8.77 per share. As a result of the transaction, Steyn Julia now holds 53,781 shares, worth roughly $0.49 million.
BWS Financial initiated its Garrett Motion Inc [GTX] rating to a Buy in a research note published on June 03, 2021; the price target was $15.
Price Performance Review of GTX
On Monday, Garrett Motion Inc [NASDAQ:GTX] saw its stock jump 1.45% to $9.09. Over the last five days, the stock has gained 1.45%. Garrett Motion Inc shares have risen nearly 0.66% since the year began. Nevertheless, the stocks have fallen -0.66% over the past one year. While a 52-week high of $10.16 was reached on 01/06/25, a 52-week low of $7.13 was recorded on 01/03/25. SMA at 50 days reached $8.43, while 200 days put it at $8.69.
Levels Of Support And Resistance For GTX Stock
The 24-hour chart illustrates a support level at 8.98, which if violated will result in even more drops to 8.88. On the upside, there is a resistance level at 9.23. A further resistance level may holdings at 9.37. The Relative Strength Index (RSI) on the 14-day chart is 57.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.90%. Stochastics %K at 31.46% indicates the stock is a holding.
How much short interest is there in Garrett Motion Inc?
A steep rise in short interest was recorded in Garrett Motion Inc stocks on 2024-12-13, growing by 0.19 million shares to a total of 7.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 7.28 million shares. There was a rise of 2.5%, which implies that there is a positive sentiment for the stock.
