Central Garden & Pet Co’s recently made public that its Chairman BROWN WILLIAM E unloaded Company’s shares for reported $2.01 million on Aug 30 ’24. In the deal valued at $33.54 per share,60,000 shares were sold. As a result of this transaction, BROWN WILLIAM E now holds 1,125,773 shares worth roughly $40.82 million.
Then, William E. Brown bought 60,000 shares, generating $2,373,000 in total proceeds.
Before that, Ranelli John sold 2,500 shares. Central Garden & Pet Co shares valued at $85,688 were divested by the Director at a price of $34.28 per share. As a result of the transaction, Ranelli John now holds 822 shares, worth roughly $29805.719999999998.
Argus upgraded its Central Garden & Pet Co [CENT] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. Argus also remained covering CENT and has decreased its forecast on November 30, 2021 with a “Hold” recommendation from previously “Buy” rating. Argus revised its rating on May 14, 2021. It rated CENT as “a Buy” which previously was an “a Hold”.
Price Performance Review of CENT
On Friday, Central Garden & Pet Co [NASDAQ:CENT] saw its stock fall -0.17% to $36.26. Over the last five days, the stock has gained 3.16%. Central Garden & Pet Co shares have fallen nearly -6.55% since the year began. Nevertheless, the stocks have fallen -1.68% over the past one year. While a 52-week high of $47.48 was reached on 01/02/25, a 52-week low of $32.17 was recorded on 01/10/25. SMA at 50 days reached $38.56, while 200 days put it at $39.00.
Levels Of Support And Resistance For CENT Stock
The 24-hour chart illustrates a support level at 36.03, which if violated will result in even more drops to 35.81. On the upside, there is a resistance level at 36.63. A further resistance level may holdings at 37.01. The Relative Strength Index (RSI) on the 14-day chart is 39.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.70%. Stochastics %K at 30.44% indicates the stock is a holding.
How much short interest is there in Central Garden & Pet Co?
A steep rise in short interest was recorded in Central Garden & Pet Co stocks on 2024-10-31, growing by 0.11 million shares to a total of 1.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.36 million shares. There was a rise of 7.57%, which implies that there is a positive sentiment for the stock.
