Custom Truck One Source Inc’s recent filing unveils that its Chief Executive Officer McMonagle Ryan acquired Company’s shares for reported $0.1 million on Nov 14 ’23. In the deal valued at $5.17 per share,20,000 shares were bought. As a result of this transaction, McMonagle Ryan now holds 350,726 shares worth roughly $1.95 million.
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Then, Heinberg Marshall bought 15,000 shares, generating $71,912 in total proceeds. Upon buying the shares at $4.79, the Director now owns 120,000 shares.
Before that, Heinberg Marshall bought 15,000 shares. Custom Truck One Source Inc shares valued at $71,912 were divested by the Director at a price of $4.79 per share. As a result of the transaction, Heinberg Marshall now holds 220,304 shares, worth roughly $1.22 million.
DA Davidson initiated its Custom Truck One Source Inc [CTOS] rating to a Buy in a research note published on February 16, 2023; the price target was $12. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in mid December with a ‘”a Neutral”‘ rating. Deutsche Bank began covering CTOS with “Buy” recommendation on March 30, 2022. Robert W. Baird started covering the stock on January 14, 2022. It rated CTOS as “an Outperform”.
Price Performance Review of CTOS
On Tuesday, Custom Truck One Source Inc [NYSE:CTOS] saw its stock jump 0.36% to $5.55. Over the last five days, the stock has gained 0.54%. Custom Truck One Source Inc shares have fallen nearly -10.19% since the year began. Nevertheless, the stocks have fallen -15.14% over the past one year. While a 52-week high of $7.53 was reached on 02/15/24, a 52-week low of $4.41 was recorded on 03/08/24. SMA at 50 days reached $6.22, while 200 days put it at $6.29. A total of 0.56 million shares were traded, compared to the trading of 0.43 million shares in the previous session.
Levels Of Support And Resistance For CTOS Stock
The 24-hour chart illustrates a support level at 5.48, which if violated will result in even more drops to 5.41. On the upside, there is a resistance level at 5.61. A further resistance level may holdings at 5.66. The Relative Strength Index (RSI) on the 14-day chart is 40.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.55%. Stochastics %K at 41.69% indicates the stock is a holding.
How much short interest is there in Custom Truck One Source Inc?
A steep rise in short interest was recorded in Custom Truck One Source Inc stocks on Feb 29, 2024, growing by 0.38 million shares to a total of 1.61 million shares. Yahoo Finance data shows the prior-month short interest on Jan 31, 2024 was 1.23 million shares. There was a rise of 23.6%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 2.89% of the overall stock float, the days-to-cover ratio (short ratio) rose to 4.07.
