While this happened, Raymond James downgraded its Proassurance Corporation [PRA] rating to an Underperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Citizens JMP’s analysts, who decreased its forecast for the stock in early April from “a Mkt outperform” to “a Mkt perform”. Piper Sandler also remained covering PRA and has decreased its forecast on November 11, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Janney started covering the stock on February 24, 2023. It rated PRA as “a Neutral”.
Price Performance Review of PRA
On Tuesday, Proassurance Corporation [NYSE:PRA] saw its stock jump 0.09% to $23.00. Over the last five days, the stock has gained 0.17%. Proassurance Corporation shares have risen nearly 44.56% since the year began. Nevertheless, the stocks have risen 56.46% over the past one year. While a 52-week high of $23.70 was reached on 04/09/25, a 52-week low of $10.76 was recorded on 02/24/25. SMA at 50 days reached $21.31, while 200 days put it at $16.46.
Levels Of Support And Resistance For PRA Stock
The 24-hour chart illustrates a support level at 22.94, which if violated will result in even more drops to 22.88. On the upside, there is a resistance level at 23.08. A further resistance level may holdings at 23.16. The Relative Strength Index (RSI) on the 14-day chart is 64.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.36%. Stochastics %K at 39.55% indicates the stock is a holding.
