Six Flags Entertainment Corp’s filing revealed that its Chief Commercial Officer White Robert Anderson unloaded Company’s shares for reported $0.51 million on Dec 13 ’24. In the deal valued at $46.16 per share,11,113 shares were sold. As a result of this transaction, White Robert Anderson now holds 43,948 shares worth roughly $1.52 million.
Jefferies initiated its Six Flags Entertainment Corp [FUN] rating to a Buy in a research note published on December 09, 2024; the price target was $59. A number of analysts have revised their coverage, including Guggenheim’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. Oppenheimer also remained covering FUN and reiterated its “an Outperform” recommendation on October 15, 2024. JP Morgan started covering the stock on August 06, 2024. It rated FUN as “an Underweight”.
Price Performance Review of FUN
On Tuesday, Six Flags Entertainment Corp [NYSE:FUN] saw its stock fall -4.22% to $34.50. Over the last five days, the stock has lost -14.69%. Six Flags Entertainment Corp shares have fallen nearly -28.41% since the year began. Nevertheless, the stocks have fallen -19.95% over the past one year. While a 52-week high of $58.70 was reached on 01/06/25, a 52-week low of $34.75 was recorded on 03/11/25. SMA at 50 days reached $44.62, while 200 days put it at $44.90.
Levels Of Support And Resistance For FUN Stock
The 24-hour chart illustrates a support level at 33.69, which if violated will result in even more drops to 32.87. On the upside, there is a resistance level at 35.99. A further resistance level may holdings at 37.47. The Relative Strength Index (RSI) on the 14-day chart is 23.74, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.03%. Stochastics %K at 5.42% indicates the stock is a buying.
