Noble Capital Markets Upgrades CoreCivic Inc (CXW) to an Outperform from a Market perform

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CoreCivic Inc’s recently made public that its Director Hylton Stacia unloaded Company’s shares for reported $86760.0 on May 30 ’25. In the deal valued at $21.69 per share,4,000 shares were sold. As a result of this transaction, Hylton Stacia now holds 82,969 shares worth roughly $1.82 million.

Then, STACIA A HYLTON bought 4,000 shares, generating $86,760 in total proceeds.

Before that, Hininger Damon T sold 72,246 shares. CoreCivic Inc shares valued at $1,625,651 were divested by the CEO at a price of $22.50 per share. As a result of the transaction, Hininger Damon T now holds 879,324 shares, worth roughly $19.33 million.

Noble Capital Markets upgraded its CoreCivic Inc [CXW] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Wedbush’s analysts, who increased its forecast for the stock in early December from “a Neutral” to “an Outperform”. Wedbush also remained covering CXW and has decreased its forecast on June 11, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Northland Capital started covering the stock on October 19, 2023. It rated CXW as “an Outperform”.

Price Performance Review of CXW

On Friday, CoreCivic Inc [NYSE:CXW] saw its stock jump 1.76% to $21.98. Over the last five days, the stock has gained 0.09%. CoreCivic Inc shares have risen nearly 1.10% since the year began. Nevertheless, the stocks have risen 34.27% over the past one year. While a 52-week high of $24.99 was reached on 01/21/25, a 52-week low of $10.74 was recorded on 02/11/25. SMA at 50 days reached $21.70, while 200 days put it at $18.92.

Levels Of Support And Resistance For CXW Stock

The 24-hour chart illustrates a support level at 21.71, which if violated will result in even more drops to 21.44. On the upside, there is a resistance level at 22.16. A further resistance level may holdings at 22.34. The Relative Strength Index (RSI) on the 14-day chart is 50.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.80%. Stochastics %K at 38.01% indicates the stock is a holding.

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