In a filing, Clean Harbors, Inc. revealed its EVP (CHESI) Weber Brian P unloaded Company’s shares for reported $1.59 million on Mar 27 ’24. In the deal valued at $199.07 per share,7,996 shares were sold. As a result of this transaction, Weber Brian P now holds 62,803 shares worth roughly $12.62 million.
Then, GERSTENBERG ERIC W sold 15,276 shares, generating $2,867,458 in total proceeds. Upon selling the shares at $187.71, the CO-CEO now owns 67,374 shares.
Before that, PRESTON JOHN T sold 1,913 shares. Clean Harbors, Inc. shares valued at $360,333 were divested by the Director at a price of $188.36 per share. As a result of the transaction, PRESTON JOHN T now holds 4,767 shares, worth roughly $0.96 million.
Stifel reiterated its Clean Harbors, Inc. [CLH] rating to a Buy in a research note published on December 19, 2023; the price target was $206. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in early December with a ‘”an Overweight”‘ rating. Wolfe Research began covering CLH with “an Outperform” recommendation on October 17, 2023. Truist started covering the stock on April 18, 2023. It rated CLH as “a Buy”.
Price Performance Review of CLH
On Tuesday, Clean Harbors, Inc. [NYSE:CLH] saw its stock jump 2.85% to $201.02. Over the last five days, the stock has gained 3.53%. Clean Harbors, Inc. shares have risen nearly 15.19% since the year began. Nevertheless, the stocks have risen 39.67% over the past one year. While a 52-week high of $204.06 was reached on 04/09/24, a 52-week low of $129.70 was recorded on 01/04/24. SMA at 50 days reached $191.21, while 200 days put it at $173.07. A total of 0.27 million shares were traded, compared to the trading of 0.31 million shares in the previous session.
Levels Of Support And Resistance For CLH Stock
The 24-hour chart illustrates a support level at 197.70, which if violated will result in even more drops to 194.37. On the upside, there is a resistance level at 202.80. A further resistance level may holdings at 204.57. The Relative Strength Index (RSI) on the 14-day chart is 61.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.82%. Stochastics %K at 47.36% indicates the stock is a holding.
