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Papa John’s International, Inc [PZZA] Investment Appeal on the Rise

In a filing, Papa John’s International, Inc revealed its Director Coleman Christopher L. acquired Company’s shares for reported $0.1 million on Aug 14 ’24. In the deal valued at $44.75 per share,2,250 shares were bought. As a result of this transaction, Coleman Christopher L. now holds 35,069 shares worth roughly $1.44 million.

Then, Thanawala Ravi bought 1,900 shares, generating $99,579 in total proceeds. Upon buying the shares at $52.41, the Interim CEO, and CFO now owns 38,920 shares.

KeyBanc Capital Markets downgraded its Papa John’s International, Inc [PZZA] rating to a Sector weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in late April from “a Sell” to “a Hold”. BTIG Research revised its rating on March 22, 2024. It rated PZZA as “a Neutral” which previously was an “a Buy”.

Price Performance Review of PZZA

On Monday, Papa John’s International, Inc [NASDAQ:PZZA] saw its stock jump 7.26% to $41.05. Over the last five days, the stock has gained 15.86%. Papa John’s International, Inc shares have fallen nearly -0.05% since the year began. Nevertheless, the stocks have fallen -28.15% over the past one year. While a 52-week high of $60.75 was reached on 02/13/25, a 52-week low of $30.16 was recorded on 04/21/25. SMA at 50 days reached $38.74, while 200 days put it at $44.64.

Levels Of Support And Resistance For PZZA Stock

The 24-hour chart illustrates a support level at 39.61, which if violated will result in even more drops to 38.17. On the upside, there is a resistance level at 41.95. A further resistance level may holdings at 42.86. The Relative Strength Index (RSI) on the 14-day chart is 65.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.15, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.95%. Stochastics %K at 90.69% indicates the stock is a selling.

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