Scotiabank Downgrades Americold Realty Trust Inc (COLD) to a Sector perform from a Sector outperform

Americold Realty Trust Inc’s recent filing unveils that its Chief Executive Officer Chappelle George F. Jr. acquired Company’s shares for reported $1.98 million on May 12 ’25. In the deal valued at $17.99 per share,110,000 shares were bought. As a result of this transaction, Chappelle George F. Jr. now holds 110,000 shares worth roughly $1.89 million.

Then, Wells Jay bought 10,000 shares, generating $179,120 in total proceeds. Upon buying the shares at $17.91, the EVP & CFO now owns 10,000 shares.

Before that, Harris Robert E. sold 1,098 shares. Americold Realty Trust Inc shares valued at $24,903 were divested by the SVP & Chief Accounting Oficer at a price of $22.68 per share. As a result of the transaction, Harris Robert E. now holds 4,446 shares, worth roughly $76515.66.

Scotiabank downgraded its Americold Realty Trust Inc [COLD] rating to a Sector perform from a a Sector outperform in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in early April from “an Equal weight” to “an Overweight”. Wolfe Research also remained covering COLD and has increased its forecast on July 01, 2024 with a “an Outperform” recommendation from previously “Peer perform” rating. JP Morgan revised its rating on June 26, 2024. It rated COLD as “an Overweight” which previously was an “a Neutral”.

Price Performance Review of COLD

On Friday, Americold Realty Trust Inc [NYSE:COLD] saw its stock jump 2.26% to $17.21. Over the last five days, the stock has gained 3.86%. Americold Realty Trust Inc shares have fallen nearly -19.58% since the year began. Nevertheless, the stocks have fallen -37.14% over the past one year. While a 52-week high of $30.45 was reached on 02/27/25, a 52-week low of $16.11 was recorded on 06/03/25. SMA at 50 days reached $18.67, while 200 days put it at $22.80.

Levels Of Support And Resistance For COLD Stock

The 24-hour chart illustrates a support level at 16.96, which if violated will result in even more drops to 16.71. On the upside, there is a resistance level at 17.34. A further resistance level may holdings at 17.47. The Relative Strength Index (RSI) on the 14-day chart is 45.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.99%. Stochastics %K at 36.18% indicates the stock is a holding.

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