Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Plymouth Industrial Reit Inc shares valued at $89,250 were purchased by GUINEE JOHN W III on Mar 21 ’25. At $17.00 per share, GUINEE JOHN W III acquired 5,250 shares. The insider’s holdings grew to 40,800 shares worth approximately $0.58 million following the completion of this transaction.
Also, WHITE PENDLETON P. JR. purchased 5,000 shares, netting a total of over 91,950 in proceeds. Following the buying of shares at $18.39 each, the insider now holds 5,000 shares.
Before that, Witherell Jeffrey E had added 2,000 shares to its account. In a trade valued at $36,980, the CEO bought Plymouth Industrial Reit Inc shares for $18.49 each. Upon closing the transaction, the insider’s holdings increased to 2,000 shares, worth approximately $3.6 million.
As published in a research note from Truist on January 17, 2025, Plymouth Industrial Reit Inc [PLYM] has been rated down from a Buy to a Hold. Analysts at Exane BNP Paribas downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in early November. As of March 27, 2024, Barclays has initiated its “an Equal weight” rating for PLYM. Earlier on January 22, 2024, JMP Securities upgraded its rating. Their new recommendation was “a Mkt outperform” for PLYM stock which previously was a “a Mkt perform”.
Analyzing PLYM Stock Performance
During the last five days, there has been a drop of approximately -12.44%. Over the course of the year, Plymouth Industrial Reit Inc shares have dropped approximately -19.72%. Shares of the company reached a 52-week high of $17.87 on 01/02/25 and a 52-week low of $12.70 on 04/09/25. A 50-day SMA is recorded $16.55, while a 200-day SMA reached $19.87.
Support And Resistance Levels for Plymouth Industrial Reit Inc (PLYM)
According to the 24-hour chart, there is a support level at 13.12, which, if violated, would cause prices to drop to 11.96. In the upper region, resistance lies at 15.03. The next price resistance is at 15.78. RSI (Relative Strength Index) is 30.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.97, which suggests the price will decrease in the coming days. Percent R is at 64.59%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
