The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Vitesse Energy Inc shares valued at $247,300 were purchased by Gerrity Robert W on Sep 13 ’24. At $24.73 per share, Gerrity Robert W acquired 10,000 shares. The insider’s holdings grew to 495,311 shares worth approximately $13.0 million following the completion of this transaction.
As published in a research note from Alliance Global Partners on December 17, 2024, Vitesse Energy Inc [VTS] has been rated up from a Neutral to a Buy and the price target has been revised to $29. Analysts at Alliance Global Partners downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early November. As of November 16, 2023, Alliance Global Partners has initiated its “Buy” rating for VTS. Earlier on October 17, 2023, Northland Capital upgraded its rating. Their new recommendation was “an Outperform” for VTS stock which previously was a “a Market perform”.
Analyzing VTS Stock Performance
During the last five days, there has been a surge of approximately 5.00%. Over the course of the year, Vitesse Energy Inc shares have jumped approximately 5.00%. Shares of the company reached a 52-week high of $26.79 on 01/08/25 and a 52-week low of $25.08 on 01/02/25. A 50-day SMA is recorded $26.45, while a 200-day SMA reached $24.86. Nevertheless, trading volume fell to 0.14 million shares from 0.18 million shares the previous day.
Support And Resistance Levels for Vitesse Energy Inc (VTS)
According to the 24-hour chart, there is a support level at 25.90, which, if violated, would cause prices to drop to 25.56. In the upper region, resistance lies at 26.69. The next price resistance is at 27.14. RSI (Relative Strength Index) is 54.27 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.19, which suggests the price will increase in the coming days. Percent R is at 17.82%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
