Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Destination XL Group Inc shares valued at $708,795 were sold by Fund 1 Investments, LLC on May 03 ’24. At $3.15 per share, Fund 1 Investments, LLC sold 225,000 shares. The insider’s holdings dropped to 5,691,577 shares worth approximately $5.63 million following the completion of this transaction.
As published in a research note from Craig Hallum on November 20, 2023, Destination XL Group Inc [DXLG] has been rated down from a Buy to a Hold and the price target has been revised to $4.50. Analysts at DA Davidson started covering the stock with ‘”a Buy”‘ outlook in a report released in mid September.
Analyzing DXLG Stock Performance
During the last five days, there has been a drop of approximately -0.08%. Over the course of the year, Destination XL Group Inc shares have dropped approximately -63.21%. Shares of the company reached a 52-week high of $3.1000 on 01/28/25 and a 52-week low of $0.8956 on 04/29/25. A 50-day SMA is recorded $1.6074, while a 200-day SMA reached $2.5174.
Support And Resistance Levels for Destination XL Group Inc (DXLG)
According to the 24-hour chart, there is a support level at 0.9114, which, if violated, would cause prices to drop to 0.8332. In the upper region, resistance lies at 1.0564. The next price resistance is at 1.1232. RSI (Relative Strength Index) is 31.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0305, which suggests the price will decrease in the coming days. Percent R is at 73.48%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
