Plymouth Industrial Reit Inc (PLYM) rating downgrades by Truist

Plymouth Industrial Reit Inc’s filing revealed that its Director GUINEE JOHN W III acquired Company’s shares for reported $89250.0 on Mar 21 ’25. In the deal valued at $17.00 per share,5,250 shares were bought. As a result of this transaction, GUINEE JOHN W III now holds 40,800 shares worth roughly $0.66 million.

Then, WHITE PENDLETON P. JR. bought 5,000 shares, generating $91,950 in total proceeds. Upon buying the shares at $18.39, the Director now owns 5,000 shares.

Before that, Witherell Jeffrey E bought 2,000 shares. Plymouth Industrial Reit Inc shares valued at $36,980 were divested by the CEO at a price of $18.49 per share. As a result of the transaction, Witherell Jeffrey E now holds 252,248 shares, worth roughly $4.05 million.

Truist downgraded its Plymouth Industrial Reit Inc [PLYM] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who decreased its forecast for the stock in early November from “an Outperform” to “a Neutral”. Barclays began covering PLYM with “an Equal weight” recommendation on March 27, 2024. JMP Securities revised its rating on January 22, 2024. It rated PLYM as “a Mkt outperform” which previously was an “a Mkt perform”.

Price Performance Review of PLYM

On Monday, Plymouth Industrial Reit Inc [NYSE:PLYM] saw its stock fall -0.19% to $16.06. Over the last five days, the stock has lost -4.00%. Plymouth Industrial Reit Inc shares have fallen nearly -20.34% since the year began. Nevertheless, the stocks have fallen -9.78% over the past one year. While a 52-week high of $24.12 was reached on 01/02/25, a 52-week low of $12.70 was recorded on 04/09/25.

Levels Of Support And Resistance For PLYM Stock

The 24-hour chart illustrates a support level at 15.79, which if violated will result in even more drops to 15.53. On the upside, there is a resistance level at 16.19. A further resistance level may holdings at 16.33.

How much short interest is there in Plymouth Industrial Reit Inc?

A steep rise in short interest was recorded in Plymouth Industrial Reit Inc stocks on 2025-06-13, dropping by 13740.0 shares to a total of 1.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.23 million shares. There was a decline of -1.13%, which implies that there is a negative sentiment for the stock.

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