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Americold Realty Trust Inc (COLD) rating upgrades by Wolfe Research

In a filing, Americold Realty Trust Inc revealed its SVP & Chief Accounting Oficer Harris Robert E. unloaded Company’s shares for reported $41567.0 on Dec 05 ’24. In the deal valued at $22.64 per share,1,836 shares were sold. As a result of this transaction, Harris Robert E. now holds 1,837 shares worth roughly $39109.729999999996.

Then, Harris Robert E. bought 1,836 shares, generating $41,567 in total proceeds.

Wolfe Research upgraded its Americold Realty Trust Inc [COLD] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in late June from “a Neutral” to “an Overweight”. Scotiabank also remained covering COLD and has increased its forecast on May 23, 2024 with a “Sector outperform” recommendation from previously “Sector perform” rating. Wells Fargo started covering the stock on April 25, 2024. It rated COLD as “an Equal weight”.

Price Performance Review of COLD

On Tuesday, Americold Realty Trust Inc [NYSE:COLD] saw its stock fall -1.53% to $21.29. Over the last five days, the stock has gained 0.42%. Americold Realty Trust Inc shares have fallen nearly -0.51% since the year began. Nevertheless, the stocks have fallen -28.75% over the past one year. While a 52-week high of $30.59 was reached on 01/07/25, a 52-week low of $20.98 was recorded on 01/03/25. SMA at 50 days reached $23.01, while 200 days put it at $25.65.

Levels Of Support And Resistance For COLD Stock

The 24-hour chart illustrates a support level at 21.02, which if violated will result in even more drops to 20.75. On the upside, there is a resistance level at 21.78. A further resistance level may holdings at 22.27. The Relative Strength Index (RSI) on the 14-day chart is 37.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.56%. Stochastics %K at 26.05% indicates the stock is a holding.

How much short interest is there in Americold Realty Trust Inc?

A steep rise in short interest was recorded in Americold Realty Trust Inc stocks on 2024-12-13, growing by 0.6 million shares to a total of 8.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 7.59 million shares. There was a rise of 7.31%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on March 27, 2024 when Scotiabank began covering the stock and recommended ‘”a Sector perform”‘ rating along with a $27 price target.

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