Shenandoah Telecommunications Co’s recent filing unveils that its President & CEO FRENCH CHRISTOPHER E acquired Company’s shares for reported $0.2 million on Mar 11 ’25. In the deal valued at $12.01 per share,16,500 shares were bought. As a result of this transaction, FRENCH CHRISTOPHER E now holds 361,500 shares worth roughly $4.62 million.
Then, Lytle Glenn E Jr bought 500 shares, generating $4,985 in total proceeds. Upon buying the shares at $9.97, the SVP Commercial Sales now owns 2,500 shares.
Before that, Lytle Glenn E Jr bought 220 shares. Shenandoah Telecommunications Co shares valued at $2,807 were divested by the SVP Commercial Sales at a price of $12.76 per share. As a result of the transaction, Lytle Glenn E Jr now holds 2,000 shares, worth roughly $25560.0.
BWS Financial upgraded its Shenandoah Telecommunications Co [SHEN] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BWS Financial’s analysts, who increased its forecast for the stock in early August from “a Sell” to “a Neutral”. Raymond James also remained covering SHEN and has decreased its forecast on June 28, 2022 with a “Mkt perform” recommendation from previously “Strong buy” rating. Raymond James revised its rating on May 03, 2022. It rated SHEN as “a Strong buy” which previously was an “an Outperform”.
Price Performance Review of SHEN
On Friday, Shenandoah Telecommunications Co [NASDAQ:SHEN] saw its stock jump 2.65% to $12.78. Over the last five days, the stock has gained 4.07%. Shenandoah Telecommunications Co shares have risen nearly 1.35% since the year began. Nevertheless, the stocks have fallen -27.05% over the past one year. While a 52-week high of $21.89 was reached on 01/06/25, a 52-week low of $9.77 was recorded on 02/20/25. SMA at 50 days reached $11.56, while 200 days put it at $14.22.
Levels Of Support And Resistance For SHEN Stock
The 24-hour chart illustrates a support level at 12.58, which if violated will result in even more drops to 12.38. On the upside, there is a resistance level at 12.92. A further resistance level may holdings at 13.06. The Relative Strength Index (RSI) on the 14-day chart is 65.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.88%. Stochastics %K at 90.06% indicates the stock is a selling.
How much short interest is there in Shenandoah Telecommunications Co?
A steep rise in short interest was recorded in Shenandoah Telecommunications Co stocks on 2025-02-28, growing by 0.26 million shares to a total of 2.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.92 million shares. There was a rise of 11.79%, which implies that there is a positive sentiment for the stock.
