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Ryder System, Inc (R) gets rating Initiated from Morgan Stanley

NUE

Ryder System, Inc’s filing revealed that its Officer RAJEEV RAVINDRAN acquired Company’s shares for reported $0.22 million on Feb 18 ’25. In the deal valued at $170.81 per share,1,294 shares were bought.

Then, Fatovic Robert D sold 12,500 shares, generating $2,113,817 in total proceeds. Upon selling the shares at $169.11, the EVP, CLO & Corp. Secretary now owns 66,512 shares.

Before that, ROBERT FATOVIC bought 12,500 shares. Ryder System, Inc shares valued at $2,113,868 were divested by the Officer at a price of $169.11 per share.

Morgan Stanley initiated its Ryder System, Inc [R] rating to an Overweight in a research note published on June 24, 2024; the price target was $165. A number of analysts have revised their coverage, including Vertical Research’s analysts, who increased its forecast for the stock in mid June from “a Hold” to “a Buy”. Vertical Research also remained covering R and has decreased its forecast on January 10, 2024 with a “Hold” recommendation from previously “Buy” rating. Wolfe Research revised its rating on October 04, 2023. It rated R as “a Peer perform” which previously was an “an Outperform”.

Price Performance Review of R

On Tuesday, Ryder System, Inc [NYSE:R] saw its stock jump 2.75% to $170.92. Over the last five days, the stock has gained 8.51%. Ryder System, Inc shares have risen nearly 8.96% since the year began. Nevertheless, the stocks have risen 54.32% over the past one year. While a 52-week high of $171.78 was reached on 02/18/25, a 52-week low of $106.62 was recorded on 01/10/25. SMA at 50 days reached $160.86, while 200 days put it at $143.44.

Levels Of Support And Resistance For R Stock

The 24-hour chart illustrates a support level at 167.18, which if violated will result in even more drops to 163.43. On the upside, there is a resistance level at 173.13. A further resistance level may holdings at 175.33. The Relative Strength Index (RSI) on the 14-day chart is 67.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.55, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.77%. Stochastics %K at 97.54% indicates the stock is a selling.

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