GFL Environmental Inc’s recently made public that its Director Patrick Dovigi acquired Company’s shares for reported $24.37 million on Sep 06 ’24. In the deal valued at $40.61 per share,600,000 shares were bought.
Then, Patrick Dovigi bought 600,000 shares, generating $23,916,000 in total proceeds.
Stifel upgraded its GFL Environmental Inc [GFL] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late January with a ‘”a Buy”‘ rating. Scotiabank began covering GFL with “Sector outperform” recommendation on October 04, 2024. BMO Capital Markets revised its rating on July 09, 2024. It rated GFL as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of GFL
On Friday, GFL Environmental Inc [NYSE:GFL] saw its stock jump 0.37% to $48.99. Over the last five days, the stock has gained 1.16%. GFL Environmental Inc shares have risen nearly 9.99% since the year began. Nevertheless, the stocks have risen 47.52% over the past one year. While a 52-week high of $49.45 was reached on 04/15/25, a 52-week low of $30.57 was recorded on 01/22/25. SMA at 50 days reached $46.89, while 200 days put it at $43.42.
Levels Of Support And Resistance For GFL Stock
The 24-hour chart illustrates a support level at 48.38, which if violated will result in even more drops to 47.77. On the upside, there is a resistance level at 49.31. A further resistance level may holdings at 49.62. The Relative Strength Index (RSI) on the 14-day chart is 57.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.31%. Stochastics %K at 88.66% indicates the stock is a selling.
How much short interest is there in GFL Environmental Inc?
A steep rise in short interest was recorded in GFL Environmental Inc stocks on 2025-04-15, growing by 3.48 million shares to a total of 11.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 8.37 million shares. There was a rise of 29.41%, which implies that there is a positive sentiment for the stock.
