Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. SuperiorGroup of Companies Inc shares valued at $216,488 were purchased by Gluck Dana Benstock on Nov 18 ’24. At $16.46 per share, Gluck Dana Benstock acquired 13,150 shares.
Also, DEMOTT ANDREW D JR sold 12,500 shares, netting a total of over 204,029 in proceeds. Following the sale of shares at $16.32 each, the insider now holds 205,281 shares.
Before that, ALAN D SCHWARTZ FAMILY TRUST had added 5,359 shares to its account. In a trade valued at $96,462, the Affiliate bought SuperiorGroup of Companies Inc shares for $18.00 each.
As published in their initiating research note from DA Davidson on June 04, 2024, SuperiorGroup of Companies Inc [SGC] has been a Buy and the price target has been revised to $24. Analysts at Barrington Research resumed the stock at ‘”an Outperform”‘ outlook in a report released in late February. As of July 31, 2017, Barrington Research has reiterated its “an Outperform” rating for SGC. Earlier on February 27, 2017, Barrington Research resumed its rating. Their recommendation was “an Outperform” for SGC stock.
Analyzing SGC Stock Performance
During the last five days, there has been a drop of approximately -5.69%. Over the course of the year, SuperiorGroup of Companies Inc shares have dropped approximately -5.69%. Shares of the company reached a 52-week high of $16.91 on 01/02/25 and a 52-week low of $14.87 on 01/08/25. A 50-day SMA is recorded $16.35, while a 200-day SMA reached $16.88. Nevertheless, trading volume fell to 61636.0 shares from 47900.0 shares the previous day.
Support And Resistance Levels for SuperiorGroup of Companies Inc (SGC)
According to the 24-hour chart, there is a support level at 15.10, which, if violated, would cause prices to drop to 14.60. In the upper region, resistance lies at 15.86. The next price resistance is at 16.12. RSI (Relative Strength Index) is 41.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.56, which suggests the price will decrease in the coming days. Percent R is at 71.54%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
