EQT Corp’s recently made public that its Director KARAM THOMAS F unloaded Company’s shares for reported $1.35 million on Dec 03 ’24. In the deal valued at $44.83 per share,30,154 shares were sold. As a result of this transaction, KARAM THOMAS F now holds 201,608 shares worth roughly $9.88 million.
Then, KARAM THOMAS F sold 15,768 shares, generating $708,772 in total proceeds. Upon selling the shares at $44.95, the Director now owns 0 shares.
Before that, Thomas F. Karam bought 35,000 shares. EQT Corp shares valued at $1,560,300 were divested by the Director at a price of $44.58 per share.
Mizuho upgraded its EQT Corp [EQT] rating to an Outperform from a a Neutral in a research note published on December 16, 2024; the price target was increased to $57 from $48. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in early December with a ‘”a Mkt perform”‘ rating.
Price Performance Review of EQT
On Friday, EQT Corp [NYSE:EQT] saw its stock unchanged to $49.00. Over the last five days, the stock has gained 3.48%. EQT Corp shares have risen nearly 6.27% since the year began. Nevertheless, the stocks have risen 28.71% over the past one year. While a 52-week high of $49.20 was reached on 01/10/25, a 52-week low of $30.02 was recorded on 01/02/25. SMA at 50 days reached $43.83, while 200 days put it at $38.40.
Levels Of Support And Resistance For EQT Stock
The 24-hour chart illustrates a support level at 48.56, which if violated will result in even more drops to 48.13. On the upside, there is a resistance level at 49.73. A further resistance level may holdings at 50.46. The Relative Strength Index (RSI) on the 14-day chart is 70.24, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.76, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.51%. Stochastics %K at 93.57% indicates the stock is a selling.
How much short interest is there in EQT Corp?
A steep rise in short interest was recorded in EQT Corp stocks on 2024-12-13, dropping by -3.21 million shares to a total of 19.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 22.54 million shares. There was a decline of -16.59%, which implies that there is a negative sentiment for the stock.
