Babcock & Wilcox Enterprises Inc’s recent filing unveils that its Chief Financial Officer Salamone Louis Jr unloaded Company’s shares for reported $0.19 million on Dec 06 ’24. In the deal valued at $1.91 per share,98,941 shares were sold. As a result of this transaction, Salamone Louis Jr now holds 583,045 shares worth roughly $0.18 million.
Then, Dziewisz John J sold 2,733 shares, generating $2,870 in total proceeds. Upon selling the shares at $1.05, the General Counsel & Secretary now owns 217,521 shares.
Before that, Dziewisz John J bought 2,733 shares. Babcock & Wilcox Enterprises Inc shares valued at $2,870 were divested by the Officer at a price of $1.05 per share.
DA Davidson downgraded its Babcock & Wilcox Enterprises Inc [BW] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Hold”. Craig Hallum began covering BW with “Buy” recommendation on July 19, 2022. Lake Street started covering the stock on March 25, 2021. It rated BW as “a Buy”.
Price Performance Review of BW
On Tuesday, Babcock & Wilcox Enterprises Inc [NYSE:BW] saw its stock fall -12.07% to $0.31. Over the last five days, the stock has lost -31.42%. Babcock & Wilcox Enterprises Inc shares have fallen nearly -80.86% since the year began. Nevertheless, the stocks have fallen -72.22% over the past one year. While a 52-week high of $2.99 was reached on 01/06/25, a 52-week low of $0.31 was recorded on 04/04/25. SMA at 50 days reached $1.0239, while 200 days put it at $1.5615.
Levels Of Support And Resistance For BW Stock
The 24-hour chart illustrates a support level at 0.2912, which if violated will result in even more drops to 0.2686. On the upside, there is a resistance level at 0.3573. A further resistance level may holdings at 0.4008. The Relative Strength Index (RSI) on the 14-day chart is 17.79, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2968, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.66%. Stochastics %K at 3.32% indicates the stock is a buying.
How much short interest is there in Babcock & Wilcox Enterprises Inc?
A steep rise in short interest was recorded in Babcock & Wilcox Enterprises Inc stocks on 2025-03-14, dropping by -0.46 million shares to a total of 2.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.46 million shares. There was a decline of -23.07%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 25, 2021 when DA Davidson began covering the stock and recommended ‘”a Buy”‘ rating along with a $10 price target.
