Diversified Healthcare Trust’s filing revealed that its CFO and Treasurer Brown Matthew C. acquired Company’s shares for reported $5098.0 on Nov 13 ’24. In the deal valued at $2.55 per share,2,000 shares were bought. As a result of this transaction, Brown Matthew C. now holds 86,282 shares worth roughly $0.21 million.
Wells Fargo downgraded its Diversified Healthcare Trust [DHC] rating to an Underweight from a an Equal weight in a research note published recently. Wells Fargo also remained covering DHC and has decreased its forecast on January 17, 2020 with a “an Equal weight” recommendation from previously “an Overweight” rating.
Price Performance Review of DHC
On Tuesday, Diversified Healthcare Trust [NASDAQ:DHC] saw its stock jump 1.66% to $2.45. Over the last five days, the stock has lost -11.23%. Diversified Healthcare Trust shares have risen nearly 6.52% since the year began. Nevertheless, the stocks have fallen -16.67% over the past one year. While a 52-week high of $4.24 was reached on 02/14/25, a 52-week low of $2.01 was recorded on 01/13/25. SMA at 50 days reached $2.37, while 200 days put it at $2.92.
Levels Of Support And Resistance For DHC Stock
The 24-hour chart illustrates a support level at 2.38, which if violated will result in even more drops to 2.30. On the upside, there is a resistance level at 2.52. A further resistance level may holdings at 2.58. The Relative Strength Index (RSI) on the 14-day chart is 46.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.22%. Stochastics %K at 30.73% indicates the stock is a holding.
