The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. IBEX Ltd shares valued at $148,440 were purchased by Ballou-Aares Daniella on Mar 11 ’25. At $24.74 per share, Ballou-Aares Daniella acquired 6,000 shares.
Also, Dechant Robert Thomas sold 49,931 shares, netting a total of over 1,310,189 in proceeds. Following the sale of shares at $26.24 each, the insider now holds 213,633 shares.
Before that, Khaishgi Mohammedulla had sold 12,600 shares from its account. In a trade valued at $322,237, the Director traded IBEX Ltd shares for $25.57 each. Upon closing the transaction, the insider’s holdings decreased to 12,600 shares, worth approximately $2.01 million.
As published in a research note from Piper Sandler on November 10, 2023, IBEX Ltd [IBEX] has been rated down from an Overweight to a Neutral and the price target has been revised to $17. Analysts at RBC Capital Mkts downgraded the stock from ‘”an Outperform”‘ to ‘”a Sector perform”‘ outlook in a report released in mid September. As of July 19, 2022, Citigroup has decreased its “Buy” rating to a “Neutral” for IBEX.
Analyzing IBEX Stock Performance
During the last five days, there has been a surge of approximately 6.91%. Over the course of the year, IBEX Ltd shares have jumped approximately 20.99%. Shares of the company reached a 52-week high of $27.83 on 02/14/25 and a 52-week low of $20.18 on 01/13/25. A 50-day SMA is recorded $23.89, while a 200-day SMA reached $19.57.
Support And Resistance Levels for IBEX Ltd (IBEX)
According to the 24-hour chart, there is a support level at 24.99, which, if violated, would cause prices to drop to 23.97. In the upper region, resistance lies at 26.89. The next price resistance is at 27.77. RSI (Relative Strength Index) is 61.93 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.56, which suggests the price will decrease in the coming days. Percent R is at 25.85%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
