EQT Corp’s recent filing unveils that its Director KARAM THOMAS F unloaded Company’s shares for reported $1.5 million on Mar 11 ’25. In the deal valued at $48.74 per share,30,844 shares were sold. As a result of this transaction, KARAM THOMAS F now holds 37,551 shares worth roughly $1.94 million.
Then, Thomas F. Karam bought 30,844 shares, generating $1,485,447 in total proceeds.
Before that, KARAM THOMAS F sold 30,154 shares. EQT Corp shares valued at $1,351,804 were divested by the Director at a price of $44.83 per share. As a result of the transaction, KARAM THOMAS F now holds 201,608 shares, worth roughly $10.42 million.
Scotiabank downgraded its EQT Corp [EQT] rating to a Sector perform from a a Sector outperform in a research note published recently. A number of analysts have revised their coverage, including Bernstein’s analysts, who increased its forecast for the stock in mid January from “a Mkt perform” to “an Outperform”. Mizuho also remained covering EQT and has increased its forecast on December 16, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Bernstein started covering the stock on December 06, 2024. It rated EQT as “a Mkt perform”.
Price Performance Review of EQT
On Monday, EQT Corp [NYSE:EQT] saw its stock jump 1.85% to $51.66. Over the last five days, the stock has gained 8.78%. EQT Corp shares have risen nearly 12.04% since the year began. Nevertheless, the stocks have risen 51.90% over the past one year. While a 52-week high of $56.66 was reached on 02/19/25, a 52-week low of $30.02 was recorded on 03/07/25. SMA at 50 days reached $50.64, while 200 days put it at $41.09.
Levels Of Support And Resistance For EQT Stock
The 24-hour chart illustrates a support level at 50.82, which if violated will result in even more drops to 49.98. On the upside, there is a resistance level at 52.17. A further resistance level may holdings at 52.69. The Relative Strength Index (RSI) on the 14-day chart is 56.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.67, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.78%. Stochastics %K at 83.38% indicates the stock is a selling.
How much short interest is there in EQT Corp?
A steep rise in short interest was recorded in EQT Corp stocks on 2025-02-28, growing by 3.72 million shares to a total of 20.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 16.54 million shares. There was a rise of 18.37%, which implies that there is a positive sentiment for the stock.
