JP Morgan’s latest rating for PGNY stock

In a filing, Progyny Inc revealed its Former Director Cohen Fred E acquired Company’s shares for reported $1.35 million on Jun 03 ’25. In the deal valued at $21.68 per share,62,244 shares were bought.

Then, Schlanger David J bought 150,000 shares, generating $2,202,330 in total proceeds. Upon buying the shares at $14.68, the Executive Chairman now owns 228,269 shares.

Before that, Anevski Peter bought 209,500 shares. Progyny Inc shares valued at $3,034,084 were divested by the CHIEF EXECUTIVE OFFICER at a price of $14.48 per share. As a result of the transaction, Anevski Peter now holds 441,463 shares, worth roughly $9.53 million.

JP Morgan downgraded its Progyny Inc [PGNY] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Hold”. JMP Securities also remained covering PGNY and has decreased its forecast on September 19, 2024 with a “Mkt perform” recommendation from previously “Mkt outperform” rating. Leerink Partners revised its rating on August 07, 2024. It rated PGNY as “a Market perform” which previously was an “an Outperform”.

Price Performance Review of PGNY

On Friday, Progyny Inc [NASDAQ:PGNY] saw its stock fall -0.44% to $21.58. Over the last five days, the stock has lost -0.53%. Progyny Inc shares have risen nearly 25.13% since the year began. Nevertheless, the stocks have fallen -21.34% over the past one year. While a 52-week high of $30.42 was reached on 02/28/25, a 52-week low of $13.39 was recorded on 01/08/25. SMA at 50 days reached $22.07, while 200 days put it at $19.69.

Levels Of Support And Resistance For PGNY Stock

The 24-hour chart illustrates a support level at 21.47, which if violated will result in even more drops to 21.26. On the upside, there is a resistance level at 21.80. A further resistance level may holdings at 21.92. The Relative Strength Index (RSI) on the 14-day chart is 48.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.19%. Stochastics %K at 48.20% indicates the stock is a holding.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.