SITE Centers Corp’s recent filing unveils that its EVP & Chief Investment Officer Cattonar John M unloaded Company’s shares for reported $0.13 million on Dec 23 ’24. In the deal valued at $15.22 per share,8,794 shares were sold. As a result of this transaction, Cattonar John M now holds 0 shares worth roughly $0.0.
Then, Cattonar John M bought 8,794 shares, generating $135,955 in total proceeds.
Before that, Sweeney Dawn M. sold 7,490 shares. SITE Centers Corp shares valued at $115,314 were divested by the Director at a price of $15.40 per share. As a result of the transaction, Sweeney Dawn M. now holds 21,592 shares, worth roughly $0.29 million.
KeyBanc Capital Markets downgraded its SITE Centers Corp [SITC] rating to a Sector weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in early October from “an Overweight” to “an Equal weight”. Wolfe Research also remained covering SITC and has decreased its forecast on January 05, 2024 with a “Peer perform” recommendation from previously “an Outperform” rating. Wells Fargo revised its rating on September 20, 2023. It rated SITC as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of SITC
On Friday, SITE Centers Corp [NYSE:SITC] saw its stock jump 1.30% to $13.23. Over the last five days, the stock has lost -5.57%. SITE Centers Corp shares have fallen nearly -13.47% since the year began. Nevertheless, the stocks have risen 24.23% over the past one year. While a 52-week high of $18.15 was reached on 01/27/25, a 52-week low of $10.23 was recorded on 03/07/25. SMA at 50 days reached $14.82, while 200 days put it at $22.06.
Levels Of Support And Resistance For SITC Stock
The 24-hour chart illustrates a support level at 12.95, which if violated will result in even more drops to 12.66. On the upside, there is a resistance level at 13.49. A further resistance level may holdings at 13.74. The Relative Strength Index (RSI) on the 14-day chart is 28.61, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.58%. Stochastics %K at 10.08% indicates the stock is a buying.
The most recent change occurred on May 24, 2023 when Wells Fargo began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $12.50 price target.
