In a filing, United Community Banks Inc revealed its EVP, CFO HARRALSON JEFFERSON L unloaded Company’s shares for reported $0.29 million on Oct 28 ’24. In the deal valued at $27.76 per share,10,275 shares were sold. As a result of this transaction, HARRALSON JEFFERSON L now holds 43,991 shares worth roughly $1.31 million.
Then, HARRALSON JEFFERSON L bought 10,275 shares, generating $290,268 in total proceeds.
Raymond James upgraded its United Community Banks Inc [UCB] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in mid October from “an Overweight” to “a Neutral”. Keefe Bruyette also remained covering UCB and has decreased its forecast on July 20, 2023 with a “Mkt perform” recommendation from previously “an Outperform” rating. Stephens started covering the stock on April 04, 2023. It rated UCB as “an Overweight”.
Price Performance Review of UCB
On Friday, United Community Banks Inc [NYSE:UCB] saw its stock fall -4.11% to $29.84. Over the last five days, the stock has lost -5.36%. United Community Banks Inc shares have fallen nearly -7.64% since the year began. Nevertheless, the stocks have risen 2.12% over the past one year. While a 52-week high of $35.38 was reached on 01/06/25, a 52-week low of $24.04 was recorded on 01/10/25. SMA at 50 days reached $32.19, while 200 days put it at $28.50.
Levels Of Support And Resistance For UCB Stock
The 24-hour chart illustrates a support level at 29.44, which if violated will result in even more drops to 29.03. On the upside, there is a resistance level at 30.42. A further resistance level may holdings at 30.99. The Relative Strength Index (RSI) on the 14-day chart is 30.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.46%. Stochastics %K at 8.77% indicates the stock is a buying.
How much short interest is there in United Community Banks Inc?
A steep rise in short interest was recorded in United Community Banks Inc stocks on 2024-12-13, growing by 1.2 million shares to a total of 3.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.94 million shares. There was a rise of 38.19%, which implies that there is a positive sentiment for the stock.
