Taking this into account, Citigroup upgraded its Werner Enterprises, Inc [WERN] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in early March with a ‘”a Hold”‘ rating. Susquehanna also remained covering WERN and has increased its forecast on January 03, 2025 with a “Neutral” recommendation from previously “Negative” rating. TD Cowen maintained its rating on October 30, 2024. It rated WERN as “a Buy”.
Price Performance Review of WERN
On Monday, Werner Enterprises, Inc [NASDAQ:WERN] saw its stock jump 1.78% to $28.04. Over the last five days, the stock has lost -0.21%. Werner Enterprises, Inc shares have fallen nearly -21.94% since the year began. Nevertheless, the stocks have fallen -20.77% over the past one year. While a 52-week high of $42.48 was reached on 01/23/25, a 52-week low of $26.50 was recorded on 04/07/25. SMA at 50 days reached $30.18, while 200 days put it at $35.63.
Levels Of Support And Resistance For WERN Stock
The 24-hour chart illustrates a support level at 27.64, which if violated will result in even more drops to 27.25. On the upside, there is a resistance level at 28.29. A further resistance level may holdings at 28.55. The Relative Strength Index (RSI) on the 14-day chart is 44.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.62%. Stochastics %K at 51.11% indicates the stock is a holding.
How much short interest is there in Werner Enterprises, Inc?
A steep rise in short interest was recorded in Werner Enterprises, Inc stocks on 2025-04-15, dropping by 75897.0 shares to a total of 3.23 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 3.31 million shares. There was a decline of -2.35%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 09, 2024 when Citigroup began covering the stock and recommended ‘”a Sell”‘ rating along with a $34 price target.
