Simply Good Foods Co’s recently made public that its Chf Legal & Corp. Affairs Of. KRAFT TIMOTHY RICHARD unloaded Company’s shares for reported $2.89 million on Nov 18 ’24. In the deal valued at $37.60 per share,76,761 shares were sold. As a result of this transaction, KRAFT TIMOTHY RICHARD now holds 40,068 shares worth roughly $1.34 million.
Then, KRAFT TIMOTHY RICHARD bought 76,761 shares, generating $2,840,157 in total proceeds.
Before that, Ratzan Brian K. sold 50,000 shares. Simply Good Foods Co shares valued at $1,869,005 were divested by the Director at a price of $37.38 per share. As a result of the transaction, Ratzan Brian K. now holds 2,049,387 shares, worth roughly $68.45 million.
Morgan Stanley initiated its Simply Good Foods Co [SMPL] rating to an Equal-weight in a research note published on March 24, 2025; the price target was $36. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in late April with a ‘”a Hold”‘ rating. Deutsche Bank also remained covering SMPL and has decreased its forecast on January 02, 2024 with a “Hold” recommendation from previously “Buy” rating. DA Davidson started covering the stock on December 08, 2023. It rated SMPL as “a Neutral”.
Price Performance Review of SMPL
On Monday, Simply Good Foods Co [NASDAQ:SMPL] saw its stock jump 1.21% to $33.40. Over the last five days, the stock has lost -3.05%. Simply Good Foods Co shares have fallen nearly -14.32% since the year began. Nevertheless, the stocks have fallen -0.27% over the past one year. While a 52-week high of $40.53 was reached on 01/27/25, a 52-week low of $30.00 was recorded on 01/16/25. SMA at 50 days reached $36.26, while 200 days put it at $35.68.
Levels Of Support And Resistance For SMPL Stock
The 24-hour chart illustrates a support level at 33.06, which if violated will result in even more drops to 32.72. On the upside, there is a resistance level at 33.58. A further resistance level may holdings at 33.77. The Relative Strength Index (RSI) on the 14-day chart is 32.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.26%. Stochastics %K at 12.02% indicates the stock is a buying.
How much short interest is there in Simply Good Foods Co?
A steep rise in short interest was recorded in Simply Good Foods Co stocks on 2025-02-28, growing by 65660.0 shares to a total of 3.74 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.67 million shares. There was a rise of 1.76%, which implies that there is a positive sentiment for the stock.
