Photronics, Inc’s recently made public that its Former Director FIEDEROWICZ WALTER M unloaded Company’s shares for reported $95802.0 on Apr 03 ’25. In the deal valued at $19.16 per share,5,000 shares were sold. As a result of this transaction, FIEDEROWICZ WALTER M now holds 24,548 shares worth roughly $0.43 million.
Then, WALTER FIEDEROWICZ bought 5,000 shares, generating $95,802 in total proceeds.
Before that, MACRICOSTAS CONSTANTINE S bought 29,500 shares. Photronics, Inc shares valued at $600,000 were divested by the Director at a price of $20.34 per share.
Northland Capital downgraded its Photronics, Inc [PLAB] rating to a Market perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in mid April from “a Hold” to “a Buy”. Stifel also remained covering PLAB and has decreased its forecast on February 25, 2021 with a “Hold” recommendation from previously “Buy” rating. Stifel revised its rating on September 11, 2020. It rated PLAB as “a Buy” which previously was an “a Hold”.
Price Performance Review of PLAB
On Monday, Photronics, Inc [NASDAQ:PLAB] saw its stock fall -0.80% to $17.37. Over the last five days, the stock has lost -16.33%. Photronics, Inc shares have fallen nearly -26.27% since the year began. Nevertheless, the stocks have fallen -37.72% over the past one year. While a 52-week high of $31.60 was reached on 01/07/25, a 52-week low of $16.78 was recorded on 04/07/25. SMA at 50 days reached $21.40, while 200 days put it at $23.59.
Levels Of Support And Resistance For PLAB Stock
The 24-hour chart illustrates a support level at 16.40, which if violated will result in even more drops to 15.42. On the upside, there is a resistance level at 18.41. A further resistance level may holdings at 19.44. The Relative Strength Index (RSI) on the 14-day chart is 23.02, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.16%. Stochastics %K at 10.62% indicates the stock is a buying.
How much short interest is there in Photronics, Inc?
A steep rise in short interest was recorded in Photronics, Inc stocks on 2025-03-14, growing by 0.72 million shares to a total of 2.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.13 million shares. There was a rise of 25.31%, which implies that there is a positive sentiment for the stock.
