In a filing, KBR Inc revealed its Pres., Sustainable Tech Solns Ibrahim Jalal unloaded Company’s shares for reported $2.33 million on Aug 19 ’24. In the deal valued at $66.56 per share,35,000 shares were sold. As a result of this transaction, Ibrahim Jalal now holds 106,550 shares worth roughly $5.8 million.
Then, JALAL IBRAHIM bought 35,000 shares, generating $2,329,488 in total proceeds.
Before that, GALINDO SONIA sold 4,660 shares. KBR Inc shares valued at $307,560 were divested by the EVP, Gen. Counsel & Corp. Sec. at a price of $66.00 per share. As a result of the transaction, GALINDO SONIA now holds 21,409 shares, worth roughly $1.17 million.
TD Cowen downgraded its KBR Inc [KBR] rating to a Hold from a a Buy in a research note published recently.
Price Performance Review of KBR
On Friday, KBR Inc [NYSE:KBR] saw its stock fall -2.49% to $54.42. Over the last five days, the stock has lost -3.34%. KBR Inc shares have fallen nearly -6.06% since the year began. Nevertheless, the stocks have risen 1.81% over the past one year. While a 52-week high of $72.60 was reached on 01/21/25, a 52-week low of $51.95 was recorded on 01/31/25. SMA at 50 days reached $58.46, while 200 days put it at $63.86.
Levels Of Support And Resistance For KBR Stock
The 24-hour chart illustrates a support level at 53.16, which if violated will result in even more drops to 51.90. On the upside, there is a resistance level at 55.56. A further resistance level may holdings at 56.70. The Relative Strength Index (RSI) on the 14-day chart is 35.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.62%. Stochastics %K at 15.14% indicates the stock is a buying.
How much short interest is there in KBR Inc?
A steep rise in short interest was recorded in KBR Inc stocks on 2025-01-15, dropping by -0.3 million shares to a total of 2.35 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.65 million shares. There was a decline of -12.81%, which implies that there is a negative sentiment for the stock.
