Peabody Energy Corp’s recent filing unveils that its EVP and CFO Spurbeck Mark unloaded Company’s shares for reported $0.3 million on Nov 06 ’24. In the deal valued at $29.52 per share,10,000 shares were sold. As a result of this transaction, Spurbeck Mark now holds 65,710 shares worth roughly $ 1.04 million.
Then, Spurbeck Mark bought 10,000 shares, generating $295,212 in total proceeds.
Before that, Jarboe Scott T. sold 14,582 shares. Peabody Energy Corp shares valued at $362,363 were divested by the CAO and Corporate Secretary at a price of $24.85 per share. As a result of the transaction, Jarboe Scott T. now holds 66,133 shares, worth roughly $1.05 million.
BMO Capital Markets upgraded its Peabody Energy Corp [BTU] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early June from “a Hold” to “a Buy”. The Benchmark Company also remained covering BTU and has increased its forecast on October 29, 2021 with a “Buy” recommendation from previously “Hold” rating. B. Riley Securities revised its rating on October 04, 2021. It rated BTU as “a Buy” which previously was an “a Neutral”.
Price Performance Review of BTU
On Tuesday, Peabody Energy Corp [NYSE:BTU] saw its stock fall -2.22% to $15.85. Over the last five days, the stock has lost -5.32%. Peabody Energy Corp shares have fallen nearly -24.31% since the year began. Nevertheless, the stocks have fallen -36.32% over the past one year. While a 52-week high of $29.94 was reached on 01/02/25, a 52-week low of $15.79 was recorded on 02/18/25. SMA at 50 days reached $19.47, while 200 days put it at $22.70.
Levels Of Support And Resistance For BTU Stock
The 24-hour chart illustrates a support level at 15.56, which if violated will result in even more drops to 15.28. On the upside, there is a resistance level at 16.23. A further resistance level may holdings at 16.62. The Relative Strength Index (RSI) on the 14-day chart is 33.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.38%. Stochastics %K at 12.43% indicates the stock is a buying.
