Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Mammoth Energy Services Inc shares valued at $2,971 were purchased by Amron Arthur H on Dec 12 ’24. At $2.97 per share, Amron Arthur H acquired 1,000 shares. The insider’s holdings grew to 47,135 shares worth approximately $0.14 million following the completion of this transaction.
Also, Booker Corey J. sold 15,000 shares, netting a total of over 52,050 in proceeds. Following the sale of shares at $3.47 each, the insider now holds 125,488 shares.
Before that, Booker Corey J. had sold 10,000 shares from its account. In a trade valued at $34,300, the Director traded Mammoth Energy Services Inc shares for $3.43 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $0.41 million.
As published in a research note from Barclays on September 30, 2019, Mammoth Energy Services Inc [TUSK] has been rated down from an Overweight to an Equal weight and the price target has been revised to $3.50 from $6.50. Analysts at Johnson Rice downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid September. As of August 05, 2019, Imperial Capital has reiterated its “an Outperform” rating for TUSK. Earlier on June 07, 2019, Stephens downgraded its rating. Their new recommendation was “an Equal-weight” for TUSK stock which previously was a “an Overweight”.
Analyzing TUSK Stock Performance
During the last five days, there has been a drop of approximately -2.00%. Over the course of the year, Mammoth Energy Services Inc shares have dropped approximately -2.00%. Shares of the company reached a 52-week high of $3.19 on 01/03/25 and a 52-week low of $2.88 on 01/02/25. A 50-day SMA is recorded $3.31, while a 200-day SMA reached $3.58. Nevertheless, trading volume fell to 51651.0 shares from 66400.0 shares the previous day.
Support And Resistance Levels for Mammoth Energy Services Inc (TUSK)
According to the 24-hour chart, there is a support level at 2.91, which, if violated, would cause prices to drop to 2.88. In the upper region, resistance lies at 2.98. The next price resistance is at 3.02. RSI (Relative Strength Index) is 44.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.11, which suggests the price will decrease in the coming days. Percent R is at 42.02%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
