In a filing, PRA Group Inc revealed its Director Olsen Geir acquired Company’s shares for reported $0.25 million on Aug 07 ’24. In the deal valued at $21.39 per share,11,750 shares were bought. As a result of this transaction, Olsen Geir now holds 11,750 shares worth roughly $0.25 million.
Then, Atal Vikram A sold 5,830 shares, generating $142,194 in total proceeds. Upon selling the shares at $24.39, the President and CEO now owns 155,625 shares.
JMP Securities upgraded its PRA Group Inc [PRAA] rating to a Mkt outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in mid April from “a Mkt perform” to “an Outperform”. Buckingham Research began covering PRAA with “Neutral” recommendation on January 03, 2019. Raymond James revised its rating on February 28, 2018. It rated PRAA as “a Mkt perform” which previously was an “an Underperform”.
Price Performance Review of PRAA
On Friday, PRA Group Inc [NASDAQ:PRAA] saw its stock jump 0.66% to $21.31. Over the last five days, the stock has gained 8.72%. PRA Group Inc shares have risen nearly 2.01% since the year began. Nevertheless, the stocks have fallen -3.88% over the past one year. While a 52-week high of $31.43 was reached on 01/17/25, a 52-week low of $18.64 was recorded on 01/10/25. SMA at 50 days reached $21.50, while 200 days put it at $22.07.
Levels Of Support And Resistance For PRAA Stock
The 24-hour chart illustrates a support level at 20.90, which if violated will result in even more drops to 20.50. On the upside, there is a resistance level at 21.66. A further resistance level may holdings at 22.02. The Relative Strength Index (RSI) on the 14-day chart is 55.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.30%. Stochastics %K at 85.00% indicates the stock is a selling.
How much short interest is there in PRA Group Inc?
A steep rise in short interest was recorded in PRA Group Inc stocks on 2024-12-31, growing by 69595.0 shares to a total of 0.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.43 million shares. There was a rise of 14.04%, which implies that there is a positive sentiment for the stock.
