Marcus Corp’s recently made public that its Director GERSHOWITZ DIANE M acquired Company’s shares for reported $0.54 million on Nov 26 ’24. In the deal valued at $21.70 per share,25,000 shares were bought.
Then, KISSINGER THOMAS F sold 8,000 shares, generating $178,480 in total proceeds. Upon selling the shares at $22.31, the Sr Exec VP, Gen Counsel & Secy now owns 186,585 shares.
Barrington Research reiterated its Marcus Corp [MCS] rating to an Outperform in a research note published on November 04, 2024; the price target was $24. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who remained covering the stock and in early January has reiterated a ‘”a Buy”‘ rating for it. B. Riley Securities also remained covering MCS and reiterated its “Buy” recommendation on December 05, 2022. B. Riley Securities maintained its rating on October 12, 2022. It rated MCS as “a Buy”.
Price Performance Review of MCS
On Friday, Marcus Corp [NYSE:MCS] saw its stock jump 0.30% to $19.82. Over the last five days, the stock has lost -0.25%. Marcus Corp shares have fallen nearly -7.81% since the year began. Nevertheless, the stocks have risen 45.74% over the past one year. While a 52-week high of $23.16 was reached on 01/02/25, a 52-week low of $9.56 was recorded on 01/13/25. SMA at 50 days reached $21.55, while 200 days put it at $15.28.
Levels Of Support And Resistance For MCS Stock
The 24-hour chart illustrates a support level at 19.61, which if violated will result in even more drops to 19.40. On the upside, there is a resistance level at 20.07. A further resistance level may holdings at 20.32. The Relative Strength Index (RSI) on the 14-day chart is 33.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.24%. Stochastics %K at 8.12% indicates the stock is a buying.
How much short interest is there in Marcus Corp?
A steep rise in short interest was recorded in Marcus Corp stocks on 2024-12-31, dropping by 90134.0 shares to a total of 0.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.89 million shares. There was a decline of -11.24%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 24, 2021 when JP Morgan began covering the stock and recommended ‘”a Neutral”‘ rating along with a $25 price target.
