Atlas Energy Solutions Inc’s filing revealed that its Member of 10% Owner Group Hock Stacy unloaded Company’s shares for reported $0.23 million on Feb 03 ’25. In the deal valued at $22.50 per share,10,000 shares were sold. As a result of this transaction, Hock Stacy now holds 897,604 shares worth roughly $17.43 million.
Then, BRIGHAM BEN M bought 217,391 shares, generating $4,999,993 in total proceeds. Upon buying the shares at $23.00, the Executive Chairman now owns 533,241 shares.
Before that, Leveille Brian Anthony sold 12,500 shares. Atlas Energy Solutions Inc shares valued at $305,750 were divested by the Member of 10% Owner Group at a price of $24.46 per share. As a result of the transaction, Leveille Brian Anthony now holds 362,010 shares, worth roughly $7.03 million.
BofA Securities downgraded its Atlas Energy Solutions Inc [AESI] rating to a Neutral from a a Buy in a research note published recently. Citigroup also remained covering AESI and has decreased its forecast on November 14, 2024 with a “Neutral” recommendation from previously “Buy” rating. Barclays revised its rating on November 12, 2024. It rated AESI as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of AESI
On Tuesday, Atlas Energy Solutions Inc [NYSE:AESI] saw its stock fall -5.73% to $19.42. Over the last five days, the stock has lost -12.60%. Atlas Energy Solutions Inc shares have fallen nearly -12.44% since the year began. Nevertheless, the stocks have risen 6.10% over the past one year. While a 52-week high of $26.86 was reached on 01/28/25, a 52-week low of $17.49 was recorded on 02/25/25. SMA at 50 days reached $22.48, while 200 days put it at $21.53.
Levels Of Support And Resistance For AESI Stock
The 24-hour chart illustrates a support level at 18.65, which if violated will result in even more drops to 17.89. On the upside, there is a resistance level at 20.57. A further resistance level may holdings at 21.73. The Relative Strength Index (RSI) on the 14-day chart is 30.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.73%. Stochastics %K at 11.78% indicates the stock is a buying.
