In a filing, Argan, Inc revealed its Director Rainer H Bosselmann acquired Company’s shares for reported $4.6 million on Jan 22 ’25. In the deal valued at $184.00 per share,25,000 shares were bought.
Then, Leimkuhler William F. bought 4,500 shares, generating $810,510 in total proceeds.
Before that, Getsinger Peter W sold 7,385 shares. Argan, Inc shares valued at $1,220,667 were divested by the Director at a price of $165.29 per share. As a result of the transaction, Getsinger Peter W now holds 11,792 shares, worth roughly $1.63 million.
Lake Street upgraded its Argan, Inc [AGX] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Lake Street’s analysts, who decreased its forecast for the stock in early December from “a Buy” to “a Hold”. CJS Securities also remained covering AGX and has increased its forecast on September 22, 2020 with a “Market outperform” recommendation from previously “Market perform” rating. Lake Street revised its rating on March 28, 2018. It rated AGX as “a Buy” which previously was an “a Hold”.
Price Performance Review of AGX
On Friday, Argan, Inc [NYSE:AGX] saw its stock jump 19.86% to $138.12. Over the last five days, the stock has gained 14.53%. Argan, Inc shares have risen nearly 0.79% since the year began. Nevertheless, the stocks have risen 177.07% over the past one year. While a 52-week high of $191.46 was reached on 01/22/25, a 52-week low of $48.85 was recorded on 03/10/25. SMA at 50 days reached $136.59, while 200 days put it at $115.43.
Levels Of Support And Resistance For AGX Stock
The 24-hour chart illustrates a support level at 131.80, which if violated will result in even more drops to 125.48. On the upside, there is a resistance level at 147.64. A further resistance level may holdings at 157.16. The Relative Strength Index (RSI) on the 14-day chart is 58.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.58, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 26.99%. Stochastics %K at 62.81% indicates the stock is a holding.
How much short interest is there in Argan, Inc?
A steep rise in short interest was recorded in Argan, Inc stocks on 2025-03-14, growing by 38550.0 shares to a total of 0.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.64 million shares. There was a rise of 5.67%, which implies that there is a positive sentiment for the stock.
