Berry Corp’s recently made public that its Chief Executive Officer Araujo Fernando unloaded Company’s shares for reported $0.21 million on Aug 23 ’24. In the deal valued at $6.22 per share,33,950 shares were sold. As a result of this transaction, Araujo Fernando now holds 253,045 shares worth roughly $ 1.09 million.
Then, FERNANDO G. ARAUJO bought 33,950 shares, generating $211,040 in total proceeds.
Piper Sandler downgraded its Berry Corp [BRY] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in mid July from “a Buy” to “a Hold”. Jefferies began covering BRY with “Buy” recommendation on October 19, 2022. Piper Sandler revised its rating on April 07, 2022. It rated BRY as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of BRY
On Tuesday, Berry Corp [NASDAQ:BRY] saw its stock fall -1.38% to $4.29. Over the last five days, the stock has lost -1.83%. Berry Corp shares have risen nearly 3.87% since the year began. Nevertheless, the stocks have fallen -32.10% over the past one year. While a 52-week high of $8.80 was reached on 01/16/25, a 52-week low of $3.72 was recorded on 01/02/25. SMA at 50 days reached $4.34, while 200 days put it at $5.54.
Levels Of Support And Resistance For BRY Stock
The 24-hour chart illustrates a support level at 4.24, which if violated will result in even more drops to 4.19. On the upside, there is a resistance level at 4.36. A further resistance level may holdings at 4.42. The Relative Strength Index (RSI) on the 14-day chart is 44.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.31%. Stochastics %K at 29.89% indicates the stock is a holding.
