Northern Oil and Gas Inc’s recently made public that its Officer Allen Chad W acquired Company’s shares for reported $0.16 million on Jun 02 ’25. In the deal valued at $27.22 per share,6,000 shares were bought.
Then, Dirlam Adam A. bought 17,160 shares, generating $463,320 in total proceeds.
Before that, O’GRADY NICHOLAS L. bought 1,000 shares. Northern Oil and Gas Inc shares valued at $27,480 were divested by the CEO at a price of $27.48 per share. As a result of the transaction, O’GRADY NICHOLAS L. now holds 226,189 shares, worth roughly $6.5 million.
CapitalOne downgraded its Northern Oil and Gas Inc [NOG] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in mid December from “an Outperform” to “a Neutral”. RBC Capital Mkts also remained covering NOG and has decreased its forecast on November 20, 2024 with a “Sector perform” recommendation from previously “an Outperform” rating.
Price Performance Review of NOG
On Friday, Northern Oil and Gas Inc [NYSE:NOG] saw its stock jump 3.42% to $28.75. Over the last five days, the stock has gained 8.16%. Northern Oil and Gas Inc shares have fallen nearly -22.63% since the year began. Nevertheless, the stocks have fallen -23.92% over the past one year. While a 52-week high of $44.31 was reached on 01/16/25, a 52-week low of $19.88 was recorded on 04/09/25. SMA at 50 days reached $26.09, while 200 days put it at $34.23.
Levels Of Support And Resistance For NOG Stock
The 24-hour chart illustrates a support level at 28.45, which if violated will result in even more drops to 28.15. On the upside, there is a resistance level at 29.00. A further resistance level may holdings at 29.24. The Relative Strength Index (RSI) on the 14-day chart is 58.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.40%. Stochastics %K at 64.36% indicates the stock is a holding.
The most recent change occurred on September 19, 2024 when Mizuho began covering the stock and recommended ‘”an Outperform”‘ rating along with a $47 price target.
