Argan, Inc’s recently made public that its Director Flanders Cynthia unloaded Company’s shares for reported $0.55 million on Apr 02 ’25. In the deal valued at $133.64 per share,4,092 shares were sold. As a result of this transaction, Flanders Cynthia now holds 15,832 shares worth roughly $1.97 million.
Then, BOSSELMANN RAINER H sold 25,000 shares, generating $3,233,750 in total proceeds. Upon selling the shares at $129.35, the Director now owns 194,879 shares.
Before that, Rainer H Bosselmann bought 25,000 shares. Argan, Inc shares valued at $4,600,000 were divested by the Director at a price of $184.00 per share.
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 Monday, Argan, Inc [NYSE:AGX] saw its stock jump 3.46% to $124.23. Over the last five days, the stock has lost -5.29%. Argan, Inc shares have fallen nearly -9.35% since the year began. Nevertheless, the stocks have risen 147.13% 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 $130.80, while 200 days put it at $117.00.
Levels Of Support And Resistance For AGX Stock
The 24-hour chart illustrates a support level at 113.50, which if violated will result in even more drops to 102.76. On the upside, there is a resistance level at 135.30. A further resistance level may holdings at 146.36. The Relative Strength Index (RSI) on the 14-day chart is 48.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.06%. Stochastics %K at 31.86% 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.
