Expand Energy Corp’s filing revealed that its Former Officer Russ Benjamin acquired Company’s shares for reported $0.5 million on Jan 02 ’25. In the deal valued at $100.48 per share,4,972 shares were bought.
Then, Kehr Catherine A sold 43,623 shares, generating $4,343,978 in total proceeds. Upon selling the shares at $99.58, the Director now owns 5,201 shares.
Before that, Kehr Catherine A bought 43,623 shares. Expand Energy Corp shares valued at $4,343,792 were divested by the Director at a price of $99.58 per share.
Morgan Stanley initiated its Expand Energy Corp [EXE] rating to an Overweight in a research note published on January 10, 2025; the price target was $127. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early December from “a Neutral” to “a Buy”. ROTH MKM started covering the stock on September 27, 2024. It rated EXE as “a Buy”.
Price Performance Review of EXE
On Tuesday, Expand Energy Corp [NASDAQ:EXE] saw its stock jump 1.87% to $104.12. Over the last five days, the stock has gained 2.58%. Expand Energy Corp shares have risen nearly 4.59% since the year began. Nevertheless, the stocks have risen 30.97% over the past one year. While a 52-week high of $105.00 was reached on 01/10/25, a 52-week low of $69.12 was recorded on 01/03/25. SMA at 50 days reached $96.81, while 200 days put it at $86.32.
Levels Of Support And Resistance For EXE Stock
The 24-hour chart illustrates a support level at 102.11, which if violated will result in even more drops to 100.09. On the upside, there is a resistance level at 105.43. A further resistance level may holdings at 106.73. The Relative Strength Index (RSI) on the 14-day chart is 68.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.60, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.07%. Stochastics %K at 80.22% indicates the stock is a selling.
How much short interest is there in Expand Energy Corp?
A steep rise in short interest was recorded in Expand Energy Corp stocks on 2024-12-31, dropping by -3.07 million shares to a total of 12.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 15.41 million shares. There was a decline of -24.84%, which implies that there is a negative sentiment for the stock.
