The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. GFL Environmental Inc shares valued at $24,366,000 were purchased by Patrick Dovigi on Sep 06 ’24. At $40.61 per share, Patrick Dovigi acquired 600,000 shares.
Also, Patrick Dovigi purchased 600,000 shares, netting a total of over 23,916,000 in proceeds.
As published in a research note from Stifel on February 25, 2025, GFL Environmental Inc [GFL] has been rated up from a Hold to a Buy. Analysts at Citigroup started covering the stock with ‘”a Buy”‘ outlook in a report released in late January. As of October 04, 2024, Scotiabank has initiated its “Sector outperform” rating for GFL. Earlier on July 09, 2024, BMO Capital Markets downgraded its rating. Their new recommendation was “a Market perform” for GFL stock which previously was a “an Outperform”.
Analyzing GFL Stock Performance
During the last five days, there has been a surge of approximately 3.81%. Over the course of the year, GFL Environmental Inc shares have jumped approximately 12.03%. Shares of the company reached a 52-week high of $50.00 on 04/30/25 and a 52-week low of $41.29 on 01/22/25. A 50-day SMA is recorded $47.10, while a 200-day SMA reached $43.59.
Support And Resistance Levels for GFL Environmental Inc (GFL)
According to the 24-hour chart, there is a support level at 49.09, which, if violated, would cause prices to drop to 48.29. In the upper region, resistance lies at 50.35. The next price resistance is at 50.81. RSI (Relative Strength Index) is 60.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.94, which suggests the price will decrease in the coming days. Percent R is at 2.99%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
