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The Benchmark Company initates Bristow Group Inc (VTOL) rating to a Buy

Bristow Group Inc’s filing revealed that its Director Truelove Brian D. unloaded Company’s shares for reported $0.11 million on Dec 10 ’24. In the deal valued at $35.49 per share,2,973 shares were sold. As a result of this transaction, Truelove Brian D. now holds 30,531 shares worth roughly $1.11 million.

Then, BRIAN D TRUELOVE bought 2,973 shares, generating $105,512 in total proceeds.

Before that, Solus Alternative Asset Manage sold 30,000 shares. Bristow Group Inc shares valued at $1,148,379 were divested by the 10% Owner at a price of $38.28 per share. As a result of the transaction, Solus Alternative Asset Manage now holds 3,196,948 shares, worth roughly $116.75 million.

The Benchmark Company initiated its Bristow Group Inc [VTOL] rating to a Buy in a research note published on June 16, 2022; the price target was $38.

Price Performance Review of VTOL

On Friday, Bristow Group Inc [NYSE:VTOL] saw its stock jump 0.47% to $36.52. Over the last five days, the stock has gained 5.12%. Bristow Group Inc shares have risen nearly 6.47% since the year began. Nevertheless, the stocks have risen 42.10% over the past one year. While a 52-week high of $41.50 was reached on 01/17/25, a 52-week low of $24.33 was recorded on 01/10/25. SMA at 50 days reached $35.89, while 200 days put it at $34.30.

Levels Of Support And Resistance For VTOL Stock

The 24-hour chart illustrates a support level at 36.12, which if violated will result in even more drops to 35.71. On the upside, there is a resistance level at 36.98. A further resistance level may holdings at 37.44. The Relative Strength Index (RSI) on the 14-day chart is 59.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.29, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.84%. Stochastics %K at 90.76% indicates the stock is a selling.

How much short interest is there in Bristow Group Inc?

A steep rise in short interest was recorded in Bristow Group Inc stocks on 2024-12-31, dropping by 6893.0 shares to a total of 0.48 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.49 million shares. There was a decline of -1.44%, which implies that there is a negative sentiment for the stock.

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