Ecovyst Inc’s filing revealed that its Director Ward Susan F unloaded Company’s shares for reported $0.25 million on Mar 22 ’24. In the deal valued at $10.28 per share,24,436 shares were sold. As a result of this transaction, Ward Susan F now holds 67,587 shares worth roughly $0.67 million.
Then, Feehan Michael bought 5,000 shares, generating $48,350 in total proceeds. Upon buying the shares at $9.67, the insider now owns 340,940 shares.
Before that, Bitting Kurt bought 3,100 shares. Ecovyst Inc shares valued at $29,891 were divested by the insider at a price of $9.64 per share. As a result of the transaction, Bitting Kurt now holds 415,718 shares, worth roughly $4.12 million.
Citigroup initiated its Ecovyst Inc [ECVT] rating to a Buy in a research note published on September 11, 2023; the price target was $12. A number of analysts have revised their coverage, including BWS Financial’s analysts, who began to cover the stock in late March with a ‘”a Buy”‘ rating. Citigroup began covering ECVT with “Neutral” recommendation on November 29, 2021. BMO Capital Markets started covering the stock on August 16, 2021. It rated ECVT as “an Outperform”.
Price Performance Review of ECVT
On Tuesday, Ecovyst Inc [NYSE:ECVT] saw its stock fall -1.00% to $9.92. Over the last five days, the stock has lost -7.89%. Ecovyst Inc shares have risen nearly 1.54% since the year began. Nevertheless, the stocks have fallen -13.74% over the past one year. While a 52-week high of $12.35 was reached on 03/28/24, a 52-week low of $8.26 was recorded on 01/19/24. SMA at 50 days reached $9.85, while 200 days put it at $9.94. A total of 0.55 million shares were traded, compared to the trading of 0.41 million shares in the previous session.
Levels Of Support And Resistance For ECVT Stock
The 24-hour chart illustrates a support level at 9.81, which if violated will result in even more drops to 9.71. On the upside, there is a resistance level at 10.02. A further resistance level may holdings at 10.13. The Relative Strength Index (RSI) on the 14-day chart is 42.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.86%. Stochastics %K at 18.75% indicates the stock is a buying.
