Citigroup gives a Neutral recommendation for Helmerich & Payne, Inc (HP)

CHWY Stock

Helmerich & Payne, Inc’s recent filing unveils that its Director Foutch Randy A acquired Company’s shares for reported $99750.0 on Feb 18 ’25. In the deal valued at $26.25 per share,3,800 shares were bought. As a result of this transaction, Foutch Randy A now holds 30,624 shares worth roughly $0.47 million.

Then, Chariag Belgacem bought 37,356 shares, generating $1,011,600 in total proceeds. Upon buying the shares at $27.08, the Director now owns 54,606 shares.

Before that, LINDSAY JOHN W bought 20,000 shares. Helmerich & Payne, Inc shares valued at $551,000 were divested by the PRESIDENT AND CEO at a price of $27.55 per share. As a result of the transaction, LINDSAY JOHN W now holds 691,214 shares, worth roughly $10.54 million.

Citigroup downgraded its Helmerich & Payne, Inc [HP] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early May has reiterated a ‘”a Hold”‘ rating for it. Evercore ISI revised its rating on January 15, 2025. It rated HP as “an In-line” which previously was an “an Outperform”.

Price Performance Review of HP

On Friday, Helmerich & Payne, Inc [NYSE:HP] saw its stock fall -0.46% to $15.25. Over the last five days, the stock has lost -2.37%. Helmerich & Payne, Inc shares have fallen nearly -52.37% since the year began. Nevertheless, the stocks have fallen -59.28% over the past one year. While a 52-week high of $42.39 was reached on 01/17/25, a 52-week low of $14.65 was recorded on 05/22/25. SMA at 50 days reached $20.07, while 200 days put it at $29.03.

Levels Of Support And Resistance For HP Stock

The 24-hour chart illustrates a support level at 15.05, which if violated will result in even more drops to 14.85. On the upside, there is a resistance level at 15.44. A further resistance level may holdings at 15.63. The Relative Strength Index (RSI) on the 14-day chart is 28.55, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.09%. Stochastics %K at 11.03% indicates the stock is a buying.

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