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Noble Capital Markets Upgrades Geo Group, Inc (GEO) to an Outperform from a Market perform

In a filing, Geo Group, Inc revealed its Director KERNAN SCOTT MICHAEL acquired Company’s shares for reported $0.13 million on Mar 10 ’25. In the deal valued at $22.68 per share,5,800 shares were bought.

Then, Black James H. bought 2,836 shares, generating $68,630 in total proceeds.

Before that, Brack Ronald A. sold 5,000 shares. Geo Group, Inc shares valued at $141,400 were divested by the EVP, CAO and Controller at a price of $28.28 per share. As a result of the transaction, Brack Ronald A. now holds 71,978 shares, worth roughly $1.7 million.

Noble Capital Markets upgraded its Geo Group, Inc [GEO] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Noble Capital Markets’s analysts, who decreased its forecast for the stock in mid November from “an Outperform” to “a Market perform”. Northland Capital began covering GEO with “an Outperform” recommendation on October 02, 2023. Wedbush revised its rating on November 29, 2022. It rated GEO as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of GEO

On Tuesday, Geo Group, Inc [NYSE:GEO] saw its stock jump 3.01% to $23.61. Over the last five days, the stock has lost -8.84%. Geo Group, Inc shares have fallen nearly -15.62% since the year began. Nevertheless, the stocks have risen 97.08% over the past one year. While a 52-week high of $36.46 was reached on 01/21/25, a 52-week low of $11.75 was recorded on 03/10/25. SMA at 50 days reached $28.78, while 200 days put it at $19.97.

Levels Of Support And Resistance For GEO Stock

The 24-hour chart illustrates a support level at 22.75, which if violated will result in even more drops to 21.89. On the upside, there is a resistance level at 24.12. A further resistance level may holdings at 24.64. The Relative Strength Index (RSI) on the 14-day chart is 33.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.07%. Stochastics %K at 15.80% indicates the stock is a buying.

The most recent change occurred on June 08, 2021 when Wedbush began covering the stock and recommended ‘”a Neutral”‘ rating along with a $7 price target.

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