In a filing, Simpson Manufacturing Co., Inc. revealed its EVP, NA Sales Dankel Roger unloaded Company’s shares for reported $0.17 million on Mar 20 ’24. In the deal valued at $198.08 per share,850 shares were sold. As a result of this transaction, Dankel Roger now holds 28,764 shares worth roughly $5.31 million.
Then, Burton Phillip sold 2,000 shares, generating $422,780 in total proceeds. Upon selling the shares at $211.39, the EVP, North America now owns 4,044 shares.
Before that, Dankel Roger sold 850 shares. Simpson Manufacturing Co., Inc. shares valued at $162,206 were divested by the EVP, NA Sales at a price of $190.83 per share. As a result of the transaction, Dankel Roger now holds 29,614 shares, worth roughly $5.47 million.
Sidoti upgraded its Simpson Manufacturing Co., Inc. [SSD] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including CJS Securities’s analysts, who increased its forecast for the stock in early February from “a Market perform” to “a Market outperform”. Robert W. Baird also remained covering SSD and has increased its forecast on October 15, 2020 with a “an Outperform” recommendation from previously “Neutral” rating. DA Davidson revised its rating on July 28, 2020. It rated SSD as “a Neutral” which previously was an “a Buy”.
Price Performance Review of SSD
On Tuesday, Simpson Manufacturing Co., Inc. [NYSE:SSD] saw its stock fall -0.44% to $184.72. Over the last five days, the stock has lost -3.28%. Simpson Manufacturing Co., Inc. shares have fallen nearly -6.70% since the year began. Nevertheless, the stocks have risen 69.17% over the past one year. While a 52-week high of $218.38 was reached on 03/08/24, a 52-week low of $108.70 was recorded on 02/06/24. SMA at 50 days reached $197.27, while 200 days put it at $169.08. A total of 0.21 million shares were traded, compared to the trading of 0.23 million shares in the previous session.
Levels Of Support And Resistance For SSD Stock
The 24-hour chart illustrates a support level at 182.85, which if violated will result in even more drops to 180.97. On the upside, there is a resistance level at 185.80. A further resistance level may holdings at 186.87. The Relative Strength Index (RSI) on the 14-day chart is 36.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.94%. Stochastics %K at 15.34% indicates the stock is a buying.
