Icahn Enterprises L.P. (NASDAQ:IEP) jump over 2.25% in a week: Is IEP Giving A Buy Signal?

Icahn Enterprises L.P. (NASDAQ:IEP) Relative Strength Index (RSI) is 54.62, with weekly volatility at 1.27% and ATR at 0.96. The IEP stock’s 52-week price range has touched low of $46.05 and a $69.10 high. Intraday shares traded counted 0.62 million, which was -85.74% lower than its 30-day average trading volume of 331.52K. Its shares traded higher over the last trading session, gaining 0.62% on 05/26/21. The shares fell to a low of $58.1501 before closing at $58.57. IEP’s previous close was $58.21 while the outstanding shares total 242.00M. The firm has a beta of 0.91.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Investors have identified the Conglomerates company Icahn Enterprises L.P. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $14.81 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Is the stock of IEP attractive?

In related news, Director, Krongard A B bought 19,285 shares of the company’s stock in a transaction that recorded on Dec 28. The purchase was performed at an average price of 51.01, for a total value of 983,635. As the purchase deal closes, the Director, Krongard A B now bought 16,723 shares of the company’s stock, valued at 836,628. Also, Director, ICAHN BRETT bought 202,758 shares of the company’s stock in a deal that was recorded on Oct 01. The shares were cost at an average price of 49.32 per share, with a total market value of 10,000,025. Following this completion of disposal, the Chairman of the Board, ICAHN CARL C now holds 202,758 shares of the company’s stock, valued at 10,000,025. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.18%.