As this happened, Barclays upgraded its Ryanair Holdings Plc ADR [RYAAY] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who decreased its forecast for the stock in mid July from “a Buy” to “a Hold”. Barclays also remained covering RYAAY and has decreased its forecast on June 21, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. UBS revised its rating on June 20, 2024. It rated RYAAY as “a Neutral” which previously was an “a Buy”.
Price Performance Review of RYAAY
On Tuesday, Ryanair Holdings Plc ADR [NASDAQ:RYAAY] saw its stock jump 4.29% to $44.99. Over the last five days, the stock has gained 2.39%. Ryanair Holdings Plc ADR shares have risen nearly 3.21% since the year began. Nevertheless, the stocks have fallen -10.64% over the past one year. While a 52-week high of $60.29 was reached on 01/07/25, a 52-week low of $36.96 was recorded on 01/03/25. SMA at 50 days reached $44.74, while 200 days put it at $46.90.
Levels Of Support And Resistance For RYAAY Stock
The 24-hour chart illustrates a support level at 43.66, which if violated will result in even more drops to 42.32. On the upside, there is a resistance level at 46.12. A further resistance level may holdings at 47.24. The Relative Strength Index (RSI) on the 14-day chart is 54.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.19%. Stochastics %K at 37.46% indicates the stock is a holding.
How much short interest is there in Ryanair Holdings Plc ADR?
A steep rise in short interest was recorded in Ryanair Holdings Plc ADR stocks on 2024-12-13, growing by 0.53 million shares to a total of 7.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.74 million shares. There was a rise of 7.28%, which implies that there is a positive sentiment for the stock.
