EQT Corp’s recently made public that its Director KARAM THOMAS F unloaded Company’s shares for reported $1.35 million on Dec 03 ’24. In the deal valued at $44.83 per share,30,154 shares were sold. As a result of this transaction, KARAM THOMAS F now holds 201,608 shares worth roughly $10.31 million.
Then, KARAM THOMAS F sold 15,768 shares, generating $708,772 in total proceeds. Upon selling the shares at $44.95, the Director now owns 0 shares.
Before that, Thomas F. Karam bought 35,000 shares. EQT Corp shares valued at $1,560,300 were divested by the Director at a price of $44.58 per share.
Scotiabank downgraded its EQT Corp [EQT] rating to a Sector perform from a a Sector outperform in a research note published recently. A number of analysts have revised their coverage, including Bernstein’s analysts, who increased its forecast for the stock in mid January from “a Mkt perform” to “an Outperform”. Mizuho also remained covering EQT and has increased its forecast on December 16, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Bernstein started covering the stock on December 06, 2024. It rated EQT as “a Mkt perform”.
Price Performance Review of EQT
On Friday, EQT Corp [NYSE:EQT] saw its stock fall -1.03% to $51.12. Over the last five days, the stock has lost -4.77%. EQT Corp shares have risen nearly 10.87% since the year began. Nevertheless, the stocks have risen 41.41% over the past one year. While a 52-week high of $54.85 was reached on 01/22/25, a 52-week low of $30.02 was recorded on 01/02/25. SMA at 50 days reached $47.12, while 200 days put it at $39.45.
Levels Of Support And Resistance For EQT Stock
The 24-hour chart illustrates a support level at 50.63, which if violated will result in even more drops to 50.14. On the upside, there is a resistance level at 51.84. A further resistance level may holdings at 52.56. The Relative Strength Index (RSI) on the 14-day chart is 56.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.38%. Stochastics %K at 48.76% indicates the stock is a holding.
How much short interest is there in EQT Corp?
A steep rise in short interest was recorded in EQT Corp stocks on 2025-01-15, dropping by -1.35 million shares to a total of 17.98 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 19.33 million shares. There was a decline of -7.53%, which implies that there is a negative sentiment for the stock.
