Radius Recycling Inc.’s filing revealed that its SVP, Chief Ops Mgmt Officer Souza Brian unloaded Company’s shares for reported $0.11 million on Nov 10 ’23. In the deal valued at $23.49 per share,4,500 shares were sold. As a result of this transaction, Souza Brian now holds 18,767 shares worth roughly $0.33 million.
Then, Heiskell Steven sold 8,000 shares, generating $193,120 in total proceeds. Upon selling the shares at $24.14, the SVP & President, Recycling P&S now owns 136,367 shares.
Before that, Vaughn James Matthew sold 571 shares. Radius Recycling Inc. shares valued at $14,178 were divested by the SVP, GC, CCO, Corp. Secretary at a price of $24.83 per share. As a result of the transaction, Vaughn James Matthew now holds 6,608 shares, worth roughly $0.12 million.
Seaport Research Partners downgraded its Radius Recycling Inc. [RDUS] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who began to cover the stock in mid December with a ‘”a Neutral”‘ rating. KeyBanc Capital Markets also remained covering RDUS and has decreased its forecast on May 19, 2022 with a “Sector weight” recommendation from previously “an Overweight” rating. KeyBanc Capital Markets revised its rating on March 24, 2022. It rated RDUS as “an Overweight” which previously was an “a Sector weight”.
Price Performance Review of RDUS
On Tuesday, Radius Recycling Inc. [NASDAQ:RDUS] saw its stock fall -2.86% to $17.64. Over the last five days, the stock has gained 1.20%. Radius Recycling Inc. shares have fallen nearly -41.51% since the year began. Nevertheless, the stocks have fallen -42.37% over the past one year. While a 52-week high of $36.64 was reached on 01/02/24, a 52-week low of $16.90 was recorded on 04/16/24. SMA at 50 days reached $20.35, while 200 days put it at $26.25. A total of 0.28 million shares were traded, compared to the trading of 0.14 million shares in the previous session.
Levels Of Support And Resistance For RDUS Stock
The 24-hour chart illustrates a support level at 17.39, which if violated will result in even more drops to 17.13. On the upside, there is a resistance level at 18.07. A further resistance level may holdings at 18.49. The Relative Strength Index (RSI) on the 14-day chart is 38.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.83%. Stochastics %K at 29.76% indicates the stock is a holding.
The most recent change occurred on July 19, 2021 when Northland Capital began covering the stock and recommended ‘”an Outperform”‘ rating along with a $80 price target.
