Ceco Environmental Corp.’s recently made public 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 $4.43 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 $4.41 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 2.85% to $23.83. Over the last five days, the stock has gained 1.66%. Ceco Environmental Corp. shares have risen nearly 17.50% since the year began. Nevertheless, the stocks have risen 88.83% 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 $22.17, while 200 days put it at $18.05. 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 23.32, which if violated will result in even more drops to 22.82. On the upside, there is a resistance level at 24.17. A further resistance level may holdings at 24.52. The Relative Strength Index (RSI) on the 14-day chart is 58.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.35%. Stochastics %K at 54.22% indicates the stock is a holding.
