In a filing, Genesis Energy L.P revealed its President & Chief Comm Officer SIMS RYAN S acquired Company’s shares for reported $12945.0 on Mar 13 ’25. In the deal valued at $12.95 per share,1,000 shares were bought. As a result of this transaction, SIMS RYAN S now holds 23,500 shares worth roughly $0.36 million.
Then, SIMS RYAN S bought 1,000 shares, generating $11,250 in total proceeds. Upon buying the shares at $11.25, the President & Chief Comm Officer now owns 22,500 shares.
Before that, Gaspard Garland G bought 2,261 shares. Genesis Energy L.P shares valued at $29,992 were divested by the Vice President at a price of $13.27 per share. As a result of the transaction, Gaspard Garland G now holds 19,525 shares, worth roughly $0.3 million.
Wells Fargo upgraded its Genesis Energy L.P [GEL] rating to an Overweight from a an Equal weight in a research note published on March 17, 2025; the price target was increased to $18 from $15. A number of analysts have revised their coverage, including CapitalOne’s analysts, who increased its forecast for the stock in early November from “an Equal weight” to “an Overweight”.
Price Performance Review of GEL
On Friday, Genesis Energy L.P [NYSE:GEL] saw its stock jump 2.72% to $15.46. Over the last five days, the stock has gained 16.68%. Genesis Energy L.P shares have risen nearly 52.92% since the year began. Nevertheless, the stocks have risen 39.28% over the past one year. While a 52-week high of $15.27 was reached on 03/21/25, a 52-week low of $9.86 was recorded on 01/10/25. SMA at 50 days reached $11.88, while 200 days put it at $12.53.
Levels Of Support And Resistance For GEL Stock
The 24-hour chart illustrates a support level at 15.07, which if violated will result in even more drops to 14.69. On the upside, there is a resistance level at 15.66. A further resistance level may holdings at 15.87. The Relative Strength Index (RSI) on the 14-day chart is 81.47, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.38, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.71%. Stochastics %K at 92.85% indicates the stock is a selling.
How much short interest is there in Genesis Energy L.P?
A steep rise in short interest was recorded in Genesis Energy L.P stocks on 2025-02-28, dropping by -0.75 million shares to a total of 3.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.05 million shares. There was a decline of -22.85%, which implies that there is a negative sentiment for the stock.
