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Raymond James downgrades WideOpenWest Inc (WOW) rating to an Underperform

WideOpenWest Inc’s recently made public that its Chief Executive Officer Elder Teresa L unloaded Company’s shares for reported $3025.0 on Feb 19 ’25. In the deal valued at $5.00 per share,605 shares were sold. As a result of this transaction, Elder Teresa L now holds 1,513,137 shares worth roughly $7.29 million.

Then, Elder Teresa L bought 40,000 shares, generating $200,000 in total proceeds.

Before that, Elder Teresa L sold 2,045 shares. WideOpenWest Inc shares valued at $10,225 were divested by the Chief Executive Officer at a price of $5.00 per share. As a result of the transaction, Elder Teresa L now holds 1,513,742 shares, worth roughly $7.3 million.

Raymond James downgraded its WideOpenWest Inc [WOW] rating to an Underperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early May from “an Outperform” to “a Mkt perform”. KeyBanc Capital Markets also remained covering WOW and has decreased its forecast on November 09, 2023 with a “Sector weight” recommendation from previously “an Overweight” rating. KeyBanc Capital Markets revised its rating on April 04, 2023. It rated WOW as “an Overweight” which previously was an “a Sector weight”.

Price Performance Review of WOW

On Tuesday, WideOpenWest Inc [NYSE:WOW] saw its stock jump 13.41% to $4.82. Over the last five days, the stock has gained 10.30%. WideOpenWest Inc shares have fallen nearly -2.82% since the year began. Nevertheless, the stocks have risen 52.05% over the past one year. While a 52-week high of $5.80 was reached on 02/19/25, a 52-week low of $2.99 was recorded on 03/17/25. SMA at 50 days reached $4.52, while 200 days put it at $5.04.

Levels Of Support And Resistance For WOW Stock

The 24-hour chart illustrates a support level at 4.49, which if violated will result in even more drops to 4.17. On the upside, there is a resistance level at 5.00. A further resistance level may holdings at 5.18. The Relative Strength Index (RSI) on the 14-day chart is 58.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.12%. Stochastics %K at 36.74% indicates the stock is a holding.

How much short interest is there in WideOpenWest Inc?

A steep rise in short interest was recorded in WideOpenWest Inc stocks on 2025-02-28, dropping by 36325.0 shares to a total of 1.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.88 million shares. There was a decline of -1.97%, which implies that there is a negative sentiment for the stock.

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