Ceco Environmental Corp.’s recent filing unveils that its Director WALLMAN RICHARD F acquired Company’s shares for reported $0.99 million on Mar 06 ’24. In the deal valued at $19.78 per share,50,000 shares were bought. As a result of this transaction, WALLMAN RICHARD F now holds 185,853 shares worth roughly $4.36 million.
Then, SIEGEL LAURIE bought 2,500 shares, generating $49,664 in total proceeds. Upon buying the shares at $19.87, the Director now owns 7,906 shares.
Before that, Gleason Todd R sold 14,500 shares. Ceco Environmental Corp. shares valued at $306,088 were divested by the Chief Executive Officer at a price of $21.11 per share. As a result of the transaction, Gleason Todd R now holds 184,965 shares, worth roughly $4.34 million.
Northland Capital initiated its Ceco Environmental Corp. [CECO] rating to an Outperform in a research note published on January 17, 2024; the price target was $26.
Price Performance Review of CECO
On Tuesday, Ceco Environmental Corp. [NASDAQ:CECO] saw its stock jump 1.69% to $23.44. Over the last five days, the stock has gained 0.69%. Ceco Environmental Corp. shares have risen nearly 15.58% since the year began. Nevertheless, the stocks have risen 75.19% over the past one year. While a 52-week high of $24.43 was reached on 03/05/24, a 52-week low of $10.68 was recorded on 03/05/24. SMA at 50 days reached $21.85, while 200 days put it at $17.81. A total of 0.22 million shares were traded, compared to the trading of 0.17 million shares in the previous session.
Levels Of Support And Resistance For CECO Stock
The 24-hour chart illustrates a support level at 22.90, which if violated will result in even more drops to 22.37. On the upside, there is a resistance level at 23.77. A further resistance level may holdings at 24.11. The Relative Strength Index (RSI) on the 14-day chart is 57.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.60%. Stochastics %K at 42.43% indicates the stock is a holding.
