FMC Corp.’s filing revealed that its EVP and CFO Sandifer Andrew D acquired Company’s shares for reported $0.13 million on Mar 04 ’24. In the deal valued at $59.22 per share,2,150 shares were bought. As a result of this transaction, Sandifer Andrew D now holds 50,088 shares worth roughly $2.84 million.
Then, Pallash Robert C bought 3,845 shares, generating $201,786 in total proceeds. Upon buying the shares at $52.48, the Director now owns 47,871 shares.
Before that, pereira ronaldo bought 2,000 shares. FMC Corp. shares valued at $151,180 were divested by the EVP, President, FMC Americas at a price of $75.59 per share. As a result of the transaction, pereira ronaldo now holds 21,478 shares, worth roughly $1.22 million.
Wolfe Research initiated its FMC Corp. [FMC] rating to a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Hold”. Exane BNP Paribas also remained covering FMC and has decreased its forecast on February 07, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. BofA Securities revised its rating on January 16, 2024. It rated FMC as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of FMC
On Friday, FMC Corp. [NYSE:FMC] saw its stock fall -7.78% to $56.75. Over the last five days, the stock has lost -3.39%. FMC Corp. shares have fallen nearly -9.99% since the year began. Nevertheless, the stocks have fallen -53.67% over the past one year. While a 52-week high of $125.20 was reached on 03/13/24, a 52-week low of $49.49 was recorded on 02/21/24. SMA at 50 days reached $58.76, while 200 days put it at $67.94. A total of 2.01 million shares were traded, compared to the trading of 1.49 million shares in the previous session.
Levels Of Support And Resistance For FMC Stock
The 24-hour chart illustrates a support level at 55.25, which if violated will result in even more drops to 53.75. On the upside, there is a resistance level at 59.52. A further resistance level may holdings at 62.28. The Relative Strength Index (RSI) on the 14-day chart is 40.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.06%. Stochastics %K at 34.73% indicates the stock is a holding.
The most recent change occurred on January 04, 2024 when ROTH MKM began covering the stock and recommended ‘”a Buy”‘ rating along with a $74 price target.
