Cinemark Holdings Inc’s recently made public that its EVP, Chief Financial Officer Thomas Melissa unloaded Company’s shares for reported $0.18 million on Feb 28 ’25. In the deal valued at $25.59 per share,7,200 shares were sold. As a result of this transaction, Thomas Melissa now holds 218,168 shares worth roughly $6.06 million.
Then, Thomas Melissa bought 7,200 shares, generating $184,299 in total proceeds.
Before that, Gierhart Wanda Marie sold 9,119 shares. Cinemark Holdings Inc shares valued at $246,213 were divested by the Chief Marketing & Content Ofc at a price of $27.00 per share. As a result of the transaction, Gierhart Wanda Marie now holds 147,414 shares, worth roughly $4.09 million.
JP Morgan upgraded its Cinemark Holdings Inc [CNK] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wedbush’s analysts, who decreased its forecast for the stock in early November from “an Outperform” to “a Neutral”. Barrington Research also remained covering CNK and has increased its forecast on October 31, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Barrington Research revised its rating on August 28, 2024. It rated CNK as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of CNK
On Monday, Cinemark Holdings Inc [NYSE:CNK] saw its stock fall -0.61% to $27.76. Over the last five days, the stock has gained 8.02%. Cinemark Holdings Inc shares have fallen nearly -10.39% since the year began. Nevertheless, the stocks have risen 52.19% over the past one year. While a 52-week high of $36.28 was reached on 02/18/25, a 52-week low of $16.32 was recorded on 03/06/25. SMA at 50 days reached $26.80, while 200 days put it at $27.89.
Levels Of Support And Resistance For CNK Stock
The 24-hour chart illustrates a support level at 27.23, which if violated will result in even more drops to 26.70. On the upside, there is a resistance level at 28.25. A further resistance level may holdings at 28.74. The Relative Strength Index (RSI) on the 14-day chart is 63.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.82, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.00%. Stochastics %K at 90.89% indicates the stock is a selling.
How much short interest is there in Cinemark Holdings Inc?
A steep rise in short interest was recorded in Cinemark Holdings Inc stocks on 2025-03-31, growing by 1.09 million shares to a total of 20.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 19.55 million shares. There was a rise of 5.28%, which implies that there is a positive sentiment for the stock.
