KD Logo

Understanding the Risks of Investing in Brunswick Corp (BC)

Brunswick Corp’s filing revealed that its Director Fils-Aime Reginald acquired Company’s shares for reported $17777.0 on Dec 05 ’24. In the deal valued at $79.01 per share,225 shares were bought. As a result of this transaction, Fils-Aime Reginald now holds 7,294 shares worth roughly $0.46 million.

Then, Dekker Christopher F sold 2,000 shares, generating $167,420 in total proceeds. Upon selling the shares at $83.71, the E.V.P. GEN COUNSEL & SECRETARY now owns 39,697 shares.

Before that, Dekker Christopher F bought 2,000 shares. Brunswick Corp shares valued at $167,423 were divested by the Officer at a price of $83.71 per share.

B. Riley Securities downgraded its Brunswick Corp [BC] rating to a Neutral from a a Buy in a research note published on November 26, 2024; the price target was decreased to $88 from $95. A number of analysts have revised their coverage, including Northcoast’s analysts, who increased its forecast for the stock in late July from “a Neutral” to “a Buy”. The Benchmark Company began covering BC with “Buy” recommendation on May 22, 2024. Exane BNP Paribas revised its rating on April 15, 2024. It rated BC as “a Neutral” which previously was an “an Outperform”.

Price Performance Review of BC

On Friday, Brunswick Corp [NYSE:BC] saw its stock fall -2.73% to $63.36. Over the last five days, the stock has lost -0.60%. Brunswick Corp shares have fallen nearly -2.04% since the year began. Nevertheless, the stocks have fallen -29.22% over the past one year. While a 52-week high of $96.65 was reached on 01/07/25, a 52-week low of $63.08 was recorded on 01/10/25. SMA at 50 days reached $75.46, while 200 days put it at $79.03.

Levels Of Support And Resistance For BC Stock

The 24-hour chart illustrates a support level at 62.59, which if violated will result in even more drops to 61.82. On the upside, there is a resistance level at 64.18. A further resistance level may holdings at 65.01. The Relative Strength Index (RSI) on the 14-day chart is 26.55, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.96%. Stochastics %K at 16.76% indicates the stock is a buying.

How much short interest is there in Brunswick Corp?

A steep rise in short interest was recorded in Brunswick Corp stocks on 2024-12-13, dropping by -0.17 million shares to a total of 3.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.74 million shares. There was a decline of -4.72%, which implies that there is a negative sentiment for the stock.

Most Popular