In a filing, Fulton Financial Corp revealed its Chairman & CEO Myers Curtis J unloaded Company’s shares for reported $0.51 million on Dec 06 ’24. In the deal valued at $21.16 per share,24,192 shares were sold. As a result of this transaction, Myers Curtis J now holds 155,946 shares worth roughly $2.97 million.
Then, CURTIS MYERS bought 24,192 shares, generating $512,007 in total proceeds.
Stephens upgraded its Fulton Financial Corp [FULT] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Janney’s analysts, who increased its forecast for the stock in late April from “a Neutral” to “a Buy”. Stephens also remained covering FULT and has decreased its forecast on December 14, 2023 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Janney started covering the stock on January 10, 2023. It rated FULT as “a Neutral”.
Price Performance Review of FULT
On Friday, Fulton Financial Corp [NASDAQ:FULT] saw its stock fall -1.45% to $19.06. Over the last five days, the stock has lost -0.16%. Fulton Financial Corp shares have fallen nearly -1.14% since the year began. Nevertheless, the stocks have risen 17.73% over the past one year. While a 52-week high of $22.49 was reached on 01/06/25, a 52-week low of $13.87 was recorded on 01/10/25. SMA at 50 days reached $20.28, while 200 days put it at $18.01.
Levels Of Support And Resistance For FULT Stock
The 24-hour chart illustrates a support level at 18.84, which if violated will result in even more drops to 18.63. On the upside, there is a resistance level at 19.19. A further resistance level may holdings at 19.32. The Relative Strength Index (RSI) on the 14-day chart is 36.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.71%. Stochastics %K at 20.22% indicates the stock is a holding.
How much short interest is there in Fulton Financial Corp?
A steep rise in short interest was recorded in Fulton Financial Corp stocks on 2024-12-13, dropping by 49689.0 shares to a total of 6.06 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.11 million shares. There was a decline of -0.82%, which implies that there is a negative sentiment for the stock.
