Reynolds Consumer Products Inc’s filing revealed that its Director Stangl Rolf acquired Company’s shares for reported $0.15 million on Feb 10 ’25. In the deal valued at $24.89 per share,6,000 shares were bought. As a result of this transaction, Stangl Rolf now holds 16,889 shares worth roughly $0.4 million.
Then, Stangl Rolf bought 3,682 shares, generating $101,255 in total proceeds. Upon buying the shares at $27.50, the Director now owns 10,889 shares.
Before that, Golding Helen bought 1,190 shares. Reynolds Consumer Products Inc shares valued at $32,823 were divested by the Director at a price of $27.58 per share. As a result of the transaction, Golding Helen now holds 1,190 shares, worth roughly $28143.5.
Jefferies initiated its Reynolds Consumer Products Inc [REYN] rating to a Buy in a research note published on August 29, 2024; the price target was $38. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late November from “an Overweight” to “a Neutral”. Goldman also remained covering REYN and has increased its forecast on October 03, 2023 with a “Neutral” recommendation from previously “Sell” rating. Canaccord Genuity started covering the stock on March 30, 2023. It rated REYN as “a Hold”.
Price Performance Review of REYN
On Monday, Reynolds Consumer Products Inc [NASDAQ:REYN] saw its stock jump 1.03% to $23.65. Over the last five days, the stock has lost -3.86%. Reynolds Consumer Products Inc shares have fallen nearly -12.37% since the year began. Nevertheless, the stocks have fallen -18.95% over the past one year. While a 52-week high of $32.65 was reached on 02/03/25, a 52-week low of $23.13 was recorded on 03/14/25. SMA at 50 days reached $25.55, while 200 days put it at $28.05.
Levels Of Support And Resistance For REYN Stock
The 24-hour chart illustrates a support level at 23.43, which if violated will result in even more drops to 23.22. On the upside, there is a resistance level at 23.88. A further resistance level may holdings at 24.12. The Relative Strength Index (RSI) on the 14-day chart is 40.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.71%. Stochastics %K at 14.16% indicates the stock is a buying.
How much short interest is there in Reynolds Consumer Products Inc?
A steep rise in short interest was recorded in Reynolds Consumer Products Inc stocks on 2025-02-28, growing by 35336.0 shares to a total of 2.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.25 million shares. There was a rise of 1.55%, which implies that there is a positive sentiment for the stock.
