Babcock & Wilcox Enterprises Inc’s recently made public that its Chief Financial Officer Salamone Louis Jr unloaded Company’s shares for reported $0.19 million on Dec 06 ’24. In the deal valued at $1.91 per share,98,941 shares were sold. As a result of this transaction, Salamone Louis Jr now holds 583,045 shares worth roughly $ 0.76 million.
Then, Dziewisz John J sold 2,733 shares, generating $2,870 in total proceeds. Upon selling the shares at $1.05, the General Counsel & Secretary now owns 217,521 shares.
Before that, Dziewisz John J bought 2,733 shares. Babcock & Wilcox Enterprises Inc shares valued at $2,870 were divested by the Officer at a price of $1.05 per share.
Craig Hallum downgraded its Babcock & Wilcox Enterprises Inc [BW] rating to a Hold from a a Buy in a research note published on November 10, 2023; the price target was decreased to $2 from $10. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who began to cover the stock in mid July with a ‘”a Buy”‘ rating. Lake Street began covering BW with “Buy” recommendation on March 25, 2021. DA Davidson started covering the stock on March 25, 2021. It rated BW as “a Buy”.
Price Performance Review of BW
On Tuesday, Babcock & Wilcox Enterprises Inc [NYSE:BW] saw its stock jump 1.55% to $1.31. Over the last five days, the stock has lost -5.76%. Babcock & Wilcox Enterprises Inc shares have fallen nearly -20.12% since the year began. While a 52-week high of $2.99 was reached on 01/06/25, a 52-week low of $0.75 was recorded on 01/29/25. SMA at 50 days reached $1.5876, while 200 days put it at $1.6226.
Levels Of Support And Resistance For BW Stock
The 24-hour chart illustrates a support level at 1.2800, which if violated will result in even more drops to 1.2500. On the upside, there is a resistance level at 1.3400. A further resistance level may holdings at 1.3700. The Relative Strength Index (RSI) on the 14-day chart is 39.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0245, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.86%. Stochastics %K at 19.54% indicates the stock is a buying.
The most recent change occurred on February 18, 2021 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $12 price target.
