Quanex Building Products Corp’s recent filing unveils that its SVP General Counsel, Secretary Cornett Paul unloaded Company’s shares for reported $0.12 million on Mar 21 ’24. In the deal valued at $37.72 per share,3,064 shares were sold. As a result of this transaction, Cornett Paul now holds 43,902 shares worth roughly $1.53 million.
Then, Cornett Paul sold 2,436 shares, generating $91,480 in total proceeds. Upon selling the shares at $37.55, the SVP General Counsel, Secretary now owns 44,530 shares.
Before that, STEVENS CURTIS M sold 4,880 shares. Quanex Building Products Corp shares valued at $148,665 were divested by the Director at a price of $30.46 per share. As a result of the transaction, STEVENS CURTIS M now holds 5,009 shares, worth roughly $0.17 million.
CJS Securities upgraded its Quanex Building Products Corp [NX] rating to a Market outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. Sidoti also remained covering NX and has increased its forecast on March 10, 2020 with a “Buy” recommendation from previously “Neutral” rating. CJS Securities revised its rating on December 10, 2019. It rated NX as “a Market perform” which previously was an “a Market outperform”.
Price Performance Review of NX
On Tuesday, Quanex Building Products Corp [NYSE:NX] saw its stock jump 3.15% to $34.75. Over the last five days, the stock has lost -2.03%. Quanex Building Products Corp shares have risen nearly 13.67% since the year began. Nevertheless, the stocks have risen 71.69% over the past one year. While a 52-week high of $39.31 was reached on 03/28/24, a 52-week low of $18.71 was recorded on 01/10/24. SMA at 50 days reached $35.56, while 200 days put it at $30.63. A total of 0.48 million shares were traded, compared to the trading of 0.35 million shares in the previous session.
Levels Of Support And Resistance For NX Stock
The 24-hour chart illustrates a support level at 34.03, which if violated will result in even more drops to 33.32. On the upside, there is a resistance level at 35.22. A further resistance level may holdings at 35.70. The Relative Strength Index (RSI) on the 14-day chart is 43.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.51%. Stochastics %K at 20.46% indicates the stock is a holding.
The most recent change occurred on March 15, 2019 when Seaport Global Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $19 price target.
