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Morgan Stanley analysts downgrades an Equal-weight rating for Gaming and Leisure Properties Inc (GLPI)

In a filing, Gaming and Leisure Properties Inc revealed its Director Urdang E Scott unloaded Company’s shares for reported $0.25 million on Mar 11 ’25. In the deal valued at $50.89 per share,5,000 shares were sold. As a result of this transaction, Urdang E Scott now holds 140,953 shares worth roughly $6.53 million.

Then, Demchyk Matthew sold 1,903 shares, generating $98,937 in total proceeds. Upon selling the shares at $51.99, the SVP, Chief Investment Officer now owns 41,298 shares.

Before that, Demchyk Matthew bought 1,903 shares. Gaming and Leisure Properties Inc shares valued at $98,944 were divested by the Officer at a price of $51.99 per share.

Morgan Stanley downgraded its Gaming and Leisure Properties Inc [GLPI] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in mid December with a ‘”an Equal weight”‘ rating. JP Morgan also remained covering GLPI and has increased its forecast on December 13, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Deutsche Bank revised its rating on November 20, 2024. It rated GLPI as “a Buy” which previously was an “a Hold”.

Price Performance Review of GLPI

On Monday, Gaming and Leisure Properties Inc [NASDAQ:GLPI] saw its stock fall -1.84% to $46.33. Over the last five days, the stock has lost -2.99%. Gaming and Leisure Properties Inc shares have fallen nearly -3.80% since the year began. Nevertheless, the stocks have risen 7.55% over the past one year. While a 52-week high of $52.55 was reached on 03/10/25, a 52-week low of $42.83 was recorded on 04/09/25. SMA at 50 days reached $49.30, while 200 days put it at $49.63.

Levels Of Support And Resistance For GLPI Stock

The 24-hour chart illustrates a support level at 46.07, which if violated will result in even more drops to 45.80. On the upside, there is a resistance level at 46.77. A further resistance level may holdings at 47.21. The Relative Strength Index (RSI) on the 14-day chart is 35.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.91%. Stochastics %K at 12.76% indicates the stock is a buying.

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