Polaris Inc’s recently made public that its Officer Clark Dougherty Lucy acquired Company’s shares for reported $0.57 million on Dec 18 ’24. In the deal valued at $61.17 per share,9,314 shares were bought.
KeyBanc Capital Markets downgraded its Polaris Inc [PII] rating to a Sector weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who remained covering the stock and in late December has reiterated a ‘”an Outperform”‘ rating for it. DA Davidson also remained covering PII and has increased its forecast on July 25, 2024 with a “Buy” recommendation from previously “Neutral” rating. Longbow revised its rating on July 24, 2024. It rated PII as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PII
On Friday, Polaris Inc [NYSE:PII] saw its stock fall -3.07% to $55.49. Over the last five days, the stock has gained 2.40%. Polaris Inc shares have fallen nearly -3.70% since the year began. Nevertheless, the stocks have fallen -38.21% over the past one year. While a 52-week high of $100.91 was reached on 01/06/25, a 52-week low of $52.77 was recorded on 01/10/25. SMA at 50 days reached $62.77, while 200 days put it at $77.07.
Levels Of Support And Resistance For PII Stock
The 24-hour chart illustrates a support level at 54.20, which if violated will result in even more drops to 52.92. On the upside, there is a resistance level at 57.41. A further resistance level may holdings at 59.34. The Relative Strength Index (RSI) on the 14-day chart is 37.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.47%. Stochastics %K at 51.79% indicates the stock is a holding.
How much short interest is there in Polaris Inc?
A steep rise in short interest was recorded in Polaris Inc stocks on 2024-12-31, growing by 0.87 million shares to a total of 5.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 4.29 million shares. There was a rise of 16.8%, which implies that there is a positive sentiment for the stock.
