In a filing, ARMOUR Residential REIT Inc revealed its Director Hain Robert C unloaded Company’s shares for reported $45178.0 on Jan 13 ’25. In the deal valued at $18.07 per share,2,500 shares were sold. As a result of this transaction, Hain Robert C now holds 6,793 shares worth roughly $ 0.13 million.
Then, PAPERIN STEWART J sold 24,852 shares, generating $466,793 in total proceeds. Upon selling the shares at $18.78, the Director now owns 363 shares.
Before that, PAPERIN STEWART J bought 24,852 shares. ARMOUR Residential REIT Inc shares valued at $468,460 were divested by the Director at a price of $18.85 per share.
BTIG Research initiated its ARMOUR Residential REIT Inc [ARR] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Janney’s analysts, who began to cover the stock in early June with a ‘”a Neutral”‘ rating. UBS began covering ARR with “Neutral” recommendation on December 06, 2023. B. Riley Securities maintained its rating on February 22, 2022. It rated ARR as “a Neutral”.
Price Performance Review of ARR
On Tuesday, ARMOUR Residential REIT Inc [NYSE:ARR] saw its stock fall -1.20% to $18.95. Over the last five days, the stock has gained 0.26%. ARMOUR Residential REIT Inc shares have risen nearly 0.48% since the year began. Nevertheless, the stocks have risen 3.72% over the past one year. While a 52-week high of $21.93 was reached on 01/06/25, a 52-week low of $17.35 was recorded on 01/13/25. SMA at 50 days reached $18.83, while 200 days put it at $19.51.
Levels Of Support And Resistance For ARR Stock
The 24-hour chart illustrates a support level at 18.84, which if violated will result in even more drops to 18.73. On the upside, there is a resistance level at 19.11. A further resistance level may holdings at 19.28. The Relative Strength Index (RSI) on the 14-day chart is 53.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.30%. Stochastics %K at 85.19% indicates the stock is a selling.
The most recent change occurred on July 14, 2021 when B. Riley Securities began covering the stock and recommended ‘”a Neutral”‘ rating along with a $11.50 price target.
