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Morgan Stanley Downgrades Gaming and Leisure Properties Inc (GLPI) to an Equal-weight from an Overweight

Gaming and Leisure Properties Inc’s recently made public that its Officer Demchyk Matthew acquired Company’s shares for reported $98944.0 on Mar 10 ’25. In the deal valued at $51.99 per share,1,903 shares were bought.

Then, Demchyk Matthew sold 6,419 shares, generating $323,839 in total proceeds. Upon selling the shares at $50.45, the SVP, Chief Investment Officer now owns 43,201 shares.

Before that, Demchyk Matthew bought 6,419 shares. Gaming and Leisure Properties Inc shares valued at $323,839 were divested by the Officer at a price of $50.45 per share.

Morgan Stanley downgraded its Gaming and Leisure Properties Inc [GLPI] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in mid December with a ‘”an Equal weight”‘ rating. JP Morgan also remained covering GLPI and has increased its forecast on December 13, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Deutsche Bank revised its rating on November 20, 2024. It rated GLPI as “a Buy” which previously was an “a Hold”.

Price Performance Review of GLPI

On Monday, Gaming and Leisure Properties Inc [NASDAQ:GLPI] saw its stock jump 0.06% to $50.64. Over the last five days, the stock has gained 1.56%. Gaming and Leisure Properties Inc shares have risen nearly 5.15% since the year began. Nevertheless, the stocks have risen 11.53% over the past one year. While a 52-week high of $52.55 was reached on 03/10/25, a 52-week low of $41.75 was recorded on 01/10/25. SMA at 50 days reached $48.60, while 200 days put it at $48.81.

Levels Of Support And Resistance For GLPI Stock

The 24-hour chart illustrates a support level at 50.05, which if violated will result in even more drops to 49.46. On the upside, there is a resistance level at 51.74. A further resistance level may holdings at 52.83. The Relative Strength Index (RSI) on the 14-day chart is 62.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.63%. Stochastics %K at 76.19% indicates the stock is a holding.

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