In a filing, Metallus Inc. revealed its EVP, Chief Commercial Officer Raketich Kevin A unloaded Company’s shares for reported $21730.0 on Apr 15 ’24. In the deal valued at $21.73 per share,1,000 shares were sold. As a result of this transaction, Raketich Kevin A now holds 86,551 shares worth roughly $1.86 million.
Then, Williams Michael S sold 28,907 shares, generating $636,610 in total proceeds. Upon selling the shares at $22.02, the President & CEO now owns 694,039 shares.
Before that, SYRVALIN KRISTINE C sold 4,503 shares. Metallus Inc. shares valued at $99,066 were divested by the EVP General Counsel at a price of $22.00 per share. As a result of the transaction, SYRVALIN KRISTINE C now holds 85,355 shares, worth roughly $1.83 million.
KeyBanc Capital Markets downgraded its Metallus Inc. [MTUS] rating to a Sector weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who increased its forecast for the stock in late February from “a Sector weight” to “an Overweight”. Exane BNP Paribas also remained covering MTUS and has increased its forecast on August 10, 2020 with a “Neutral” recommendation from previously “an Underperform” rating. Cowen maintained its rating on August 10, 2020. It rated MTUS as “a Market perform”.
Price Performance Review of MTUS
On Tuesday, Metallus Inc. [NYSE:MTUS] saw its stock jump 1.18% to $21.49. Over the last five days, the stock has gained 0.56%. Metallus Inc. shares have fallen nearly -8.36% since the year began. Nevertheless, the stocks have risen 21.14% over the past one year. While a 52-week high of $24.30 was reached on 01/02/24, a 52-week low of $15.59 was recorded on 02/27/24. SMA at 50 days reached $21.16, while 200 days put it at $21.26.
Levels Of Support And Resistance For MTUS Stock
The 24-hour chart illustrates a support level at 21.00, which if violated will result in even more drops to 20.51. On the upside, there is a resistance level at 21.82. A further resistance level may holdings at 22.16. The Relative Strength Index (RSI) on the 14-day chart is 49.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.82%. Stochastics %K at 21.04% indicates the stock is a holding.
