Six Flags Entertainment Corp’s recent filing unveils that its Chief Commercial Officer White Robert Anderson unloaded Company’s shares for reported $0.51 million on Dec 13 ’24. In the deal valued at $46.16 per share,11,113 shares were sold. As a result of this transaction, White Robert Anderson now holds 43,948 shares worth roughly $1.92 million.
Jefferies initiated its Six Flags Entertainment Corp [FUN] rating to a Buy in a research note published on December 09, 2024; the price target was $59. A number of analysts have revised their coverage, including Guggenheim’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. Oppenheimer also remained covering FUN and reiterated its “an Outperform” recommendation on October 15, 2024. JP Morgan started covering the stock on August 06, 2024. It rated FUN as “an Underweight”.
Price Performance Review of FUN
On Tuesday, Six Flags Entertainment Corp [NYSE:FUN] saw its stock jump 0.39% to $43.63. Over the last five days, the stock has lost -0.95%. Six Flags Entertainment Corp shares have fallen nearly -9.46% since the year began. Nevertheless, the stocks have risen 5.03% over the past one year. While a 52-week high of $58.70 was reached on 01/06/25, a 52-week low of $35.93 was recorded on 02/11/25. SMA at 50 days reached $46.34, while 200 days put it at $44.78.
Levels Of Support And Resistance For FUN Stock
The 24-hour chart illustrates a support level at 43.03, which if violated will result in even more drops to 42.43. On the upside, there is a resistance level at 44.21. A further resistance level may holdings at 44.78. The Relative Strength Index (RSI) on the 14-day chart is 40.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.19%. Stochastics %K at 22.30% indicates the stock is a holding.
How much short interest is there in Six Flags Entertainment Corp?
A steep rise in short interest was recorded in Six Flags Entertainment Corp stocks on 2025-01-31, dropping by -0.88 million shares to a total of 6.36 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 7.24 million shares. There was a decline of -13.83%, which implies that there is a negative sentiment for the stock.
