Perimeter Solutions Inc’s recent filing unveils that its Director Cool Tracy Britt unloaded Company’s shares for reported $0.64 million on Nov 22 ’24. In the deal valued at $12.81 per share,50,000 shares were sold. As a result of this transaction, Cool Tracy Britt now holds 173,449 shares worth roughly $1.72 million.
Then, Tracy Britt Cool bought 50,000 shares, generating $640,450 in total proceeds.
Before that, Khouri Haitham sold 100,000 shares. Perimeter Solutions Inc shares valued at $1,217,000 were divested by the Chief Executive Officer at a price of $12.17 per share. As a result of the transaction, Khouri Haitham now holds 329,989 shares, worth roughly $3.27 million.
UBS downgraded its Perimeter Solutions Inc [PRM] rating to a Neutral from a a Buy in a research note published on October 11, 2023; the price target was decreased to $4.25 from $7. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early June with a ‘”an Overweight”‘ rating. UBS began covering PRM with “Buy” recommendation on April 14, 2022.
Price Performance Review of PRM
On Monday, Perimeter Solutions Inc [NYSE:PRM] saw its stock fall -6.43% to $9.90. Over the last five days, the stock has lost -3.41%. Perimeter Solutions Inc shares have fallen nearly -22.54% since the year began. Nevertheless, the stocks have risen 65.55% over the past one year. While a 52-week high of $14.44 was reached on 01/21/25, a 52-week low of $5.97 was recorded on 02/21/25. SMA at 50 days reached $12.26, while 200 days put it at $11.13.
Levels Of Support And Resistance For PRM Stock
The 24-hour chart illustrates a support level at 9.62, which if violated will result in even more drops to 9.34. On the upside, there is a resistance level at 10.43. A further resistance level may holdings at 10.97. The Relative Strength Index (RSI) on the 14-day chart is 29.91, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.86%. Stochastics %K at 13.56% indicates the stock is a buying.
