Playa Hotels & Resorts N.V’s recent filing unveils that its 10% Owner DAVIDSON KEMPNER CAPITAL MANAG unloaded Company’s shares for reported $0.97 million on Nov 08 ’24. In the deal valued at $9.74 per share,100,000 shares were sold. As a result of this transaction, DAVIDSON KEMPNER CAPITAL MANAG now holds 12,142,519 shares worth roughly $163.07 million.
Then, Peterson Karl Mr. sold 60,000 shares, generating $498,600 in total proceeds. Upon selling the shares at $8.31, the Director now owns 2,469,033 shares.
Oppenheimer downgraded its Playa Hotels & Resorts N.V [PLYA] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Hold”. Truist also remained covering PLYA and has decreased its forecast on January 07, 2025 with a “Hold” recommendation from previously “Buy” rating. Citigroup revised its rating on August 14, 2024. It rated PLYA as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PLYA
On Tuesday, Playa Hotels & Resorts N.V [NASDAQ:PLYA] saw its stock unchanged to $13.43. Playa Hotels & Resorts N.V shares have risen nearly 6.17% since the year began. Nevertheless, the stocks have risen 52.44% over the past one year. While a 52-week high of $13.45 was reached on 05/12/25, a 52-week low of $6.95 was recorded on 01/08/25. SMA at 50 days reached $13.36, while 200 days put it at $10.71.
Levels Of Support And Resistance For PLYA Stock
The 24-hour chart illustrates a support level at 13.43, which if violated will result in even more drops to 13.42. On the upside, there is a resistance level at 13.44. A further resistance level may holdings at 13.44. The Relative Strength Index (RSI) on the 14-day chart is 60.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.00%. Stochastics %K at 66.67% indicates the stock is a holding.
