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Analyzing Baxter International Inc (BAX) After Recent Trading Activity

Baxter International Inc’s recently made public that its Officer Stevens Brian acquired Company’s shares for reported $39046.0 on Sep 16 ’24. In the deal valued at $40.01 per share,976 shares were bought.

Then, Stevens Brian bought 16,063 shares, generating $639,465 in total proceeds.

A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in late February from “a Hold” to “a Buy”. Morgan Stanley revised its rating on July 15, 2024. It rated BAX as “an Underweight” which previously was an “an Equal-weight”.

Price Performance Review of BAX

On Friday, Baxter International Inc [NYSE:BAX] saw its stock fall -0.96% to $30.90. Over the last five days, the stock has gained 0.62%. Baxter International Inc shares have risen nearly 5.97% since the year began. Nevertheless, the stocks have fallen -14.45% over the past one year. While a 52-week high of $40.49 was reached on 03/10/25, a 52-week low of $26.25 was recorded on 04/09/25. SMA at 50 days reached $31.95, while 200 days put it at $33.76.

Levels Of Support And Resistance For BAX Stock

The 24-hour chart illustrates a support level at 30.67, which if violated will result in even more drops to 30.44. On the upside, there is a resistance level at 31.31. A further resistance level may holdings at 31.72. The Relative Strength Index (RSI) on the 14-day chart is 51.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.46%. Stochastics %K at 62.01% indicates the stock is a holding.

The most recent change occurred on May 30, 2024 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $36 price target.

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