Green Plains Inc’s filing revealed that its Director Treuer Alain unloaded Company’s shares for reported $0.52 million on Feb 20 ’24. In the deal valued at $22.66 per share,22,999 shares were sold. As a result of this transaction, Treuer Alain now holds 230,000 shares worth roughly $2.36 million.
Then, Knudsen Ejnar A III bought 4,000 shares, generating $98,920 in total proceeds. Upon buying the shares at $24.73, the Director now owns 40,913 shares.
Oppenheimer downgraded its Green Plains Inc [GPRE] rating to a Perform from a an Outperform in a research note published recently. Stephens revised its rating on January 17, 2023. It rated GPRE as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of GPRE
On Friday, Green Plains Inc [NASDAQ:GPRE] saw its stock jump 2.40% to $10.26. Over the last five days, the stock has gained 6.43%. Green Plains Inc shares have risen nearly 8.23% since the year began. Nevertheless, the stocks have fallen -51.63% over the past one year. While a 52-week high of $25.24 was reached on 01/17/25, a 52-week low of $8.81 was recorded on 01/14/25. SMA at 50 days reached $10.43, while 200 days put it at $14.66.
Levels Of Support And Resistance For GPRE Stock
The 24-hour chart illustrates a support level at 9.92, which if violated will result in even more drops to 9.57. On the upside, there is a resistance level at 10.53. A further resistance level may holdings at 10.79. The Relative Strength Index (RSI) on the 14-day chart is 53.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.59%. Stochastics %K at 73.27% indicates the stock is a holding.
How much short interest is there in Green Plains Inc?
A steep rise in short interest was recorded in Green Plains Inc stocks on 2024-12-31, dropping by -0.25 million shares to a total of 6.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 6.74 million shares. There was a decline of -3.9%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 14, 2022 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $45 price target.
