MDU Resources Group Inc’s recently made public that its Director JOHNSON DENNIS W acquired Company’s shares for reported $0.5 million on Feb 10 ’25. In the deal valued at $16.64 per share,30,000 shares were bought. As a result of this transaction, JOHNSON DENNIS W now holds 180,166 shares worth roughly $3.01 million.
Jefferies initiated its MDU Resources Group Inc [MDU] rating to a Hold in a research note published on January 08, 2025; the price target was $18. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early November from “a Neutral” to “a Buy”. Siebert Williams Shank also remained covering MDU and has increased its forecast on November 04, 2024 with a “Buy” recommendation from previously “Hold” rating. BofA Securities revised its rating on October 21, 2024. It rated MDU as “a Neutral” which previously was an “a Buy”.
Price Performance Review of MDU
On Monday, MDU Resources Group Inc [NYSE:MDU] saw its stock fall -3.80% to $16.71. Over the last five days, the stock has lost -4.02%. MDU Resources Group Inc shares have fallen nearly -7.27% since the year began. Nevertheless, the stocks have risen 18.76% over the past one year. While a 52-week high of $20.39 was reached on 01/21/25, a 52-week low of $13.22 was recorded on 04/07/25. SMA at 50 days reached $16.83, while 200 days put it at $20.75.
Levels Of Support And Resistance For MDU Stock
The 24-hour chart illustrates a support level at 16.39, which if violated will result in even more drops to 16.07. On the upside, there is a resistance level at 17.33. A further resistance level may holdings at 17.96. The Relative Strength Index (RSI) on the 14-day chart is 43.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.20%. Stochastics %K at 47.79% indicates the stock is a holding.
