Park Hotels & Resorts Inc’s recent filing unveils that its Director ECKERT THOMAS D acquired Company’s shares for reported $0.23 million on Mar 04 ’25. In the deal valued at $11.75 per share,20,000 shares were bought. As a result of this transaction, ECKERT THOMAS D now holds 157,478 shares worth roughly $1.63 million.
BofA Securities downgraded its Park Hotels & Resorts Inc [PK] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “a Hold”. Wolfe Research also remained covering PK and has decreased its forecast on September 26, 2024 with a “Peer perform” recommendation from previously “an Outperform” rating. Evercore ISI revised its rating on May 15, 2024. It rated PK as “an Outperform” which previously was an “an In-line”.
Price Performance Review of PK
On Friday, Park Hotels & Resorts Inc [NYSE:PK] saw its stock fall -0.29% to $10.38. Over the last five days, the stock has gained 1.17%. Park Hotels & Resorts Inc shares have fallen nearly -26.23% since the year began. Nevertheless, the stocks have fallen -33.67% over the past one year. While a 52-week high of $16.08 was reached on 01/06/25, a 52-week low of $8.27 was recorded on 04/09/25. SMA at 50 days reached $10.63, while 200 days put it at $13.36.
Levels Of Support And Resistance For PK Stock
The 24-hour chart illustrates a support level at 10.32, which if violated will result in even more drops to 10.27. On the upside, there is a resistance level at 10.46. A further resistance level may holdings at 10.55. The Relative Strength Index (RSI) on the 14-day chart is 53.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.35%. Stochastics %K at 72.21% indicates the stock is a holding.
