Great Lakes Dredge & Dock Corporation’s recent filing unveils that its Director DICKERSON LAWRENCE R unloaded Company’s shares for reported $0.19 million on Nov 14 ’24. In the deal valued at $12.04 per share,15,936 shares were sold. As a result of this transaction, DICKERSON LAWRENCE R now holds 82,148 shares worth roughly $0.69 million.
Then, DICKERSON LAWRENCE R bought 15,936 shares, generating $191,793 in total proceeds.
Before that, DICKERSON LAWRENCE R sold 5,323 shares. Great Lakes Dredge & Dock Corporation shares valued at $67,118 were divested by the Director at a price of $12.61 per share. As a result of the transaction, DICKERSON LAWRENCE R now holds 98,084 shares, worth roughly $0.83 million.
Imperial Capital downgraded its Great Lakes Dredge & Dock Corporation [GLDD] rating to an In-line from a an Outperform in a research note published on August 08, 2016; the price target was decreased to $4 from $5.50. A number of analysts have revised their coverage, including DA Davidson’s analysts, who remained covering the stock and in early August has reiterated a ‘”a Neutral”‘ rating for it. Imperial Capital also remained covering GLDD and reiterated its “an Outperform” recommendation on February 24, 2016. Imperial Capital maintained its rating on November 04, 2015. It rated GLDD as “an Outperform”.
Price Performance Review of GLDD
On Friday, Great Lakes Dredge & Dock Corporation [NASDAQ:GLDD] saw its stock fall -3.11% to $8.42. Over the last five days, the stock has lost -24.28%. Great Lakes Dredge & Dock Corporation shares have fallen nearly -25.42% since the year began. Nevertheless, the stocks have fallen -1.41% over the past one year. While a 52-week high of $12.89 was reached on 01/21/25, a 52-week low of $6.55 was recorded on 02/20/25. SMA at 50 days reached $11.35, while 200 days put it at $10.41.
Levels Of Support And Resistance For GLDD Stock
The 24-hour chart illustrates a support level at 8.18, which if violated will result in even more drops to 7.93. On the upside, there is a resistance level at 8.82. A further resistance level may holdings at 9.21. The Relative Strength Index (RSI) on the 14-day chart is 23.39, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.89%. Stochastics %K at 8.76% indicates the stock is a buying.
The most recent change occurred on August 09, 2013 when Imperial Capital resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $10.
