Compass Minerals International Inc’s recent filing unveils that its Director Reece Joseph E acquired Company’s shares for reported $0.11 million on Jan 22 ’24. In the deal valued at $21.24 per share,5,000 shares were bought. As a result of this transaction, Reece Joseph E now holds 16,000 shares worth roughly $0.21 million.
Then, Standen James D. bought 3,503 shares, generating $94,056 in total proceeds. Upon buying the shares at $26.85, the Chief Commercial Officer now owns 30,000 shares.
Loop Capital upgraded its Compass Minerals International Inc [CMP] rating to a Buy from a a Hold in a research note published on April 26, 2024; the price target was decreased to $23 from $26. A number of analysts have revised their coverage, including Loop Capital’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Hold”. JP Morgan also remained covering CMP and has increased its forecast on November 20, 2023 with a “Neutral” recommendation from previously “an Underweight” rating. BTIG Research started covering the stock on July 19, 2023. It rated CMP as “a Neutral”.
Price Performance Review of CMP
On Friday, Compass Minerals International Inc [NYSE:CMP] saw its stock jump 3.33% to $13.04. Over the last five days, the stock has lost -3.12%. Compass Minerals International Inc shares have fallen nearly -48.50% since the year began. Nevertheless, the stocks have fallen -58.86% over the past one year. While a 52-week high of $39.78 was reached on 01/02/24, a 52-week low of $11.85 was recorded on 04/25/24. SMA at 50 days reached $17.58, while 200 days put it at $24.79. A total of 0.95 million shares were traded, compared to the trading of 14396.0 shares in the previous session.
Levels Of Support And Resistance For CMP Stock
The 24-hour chart illustrates a support level at 12.72, which if violated will result in even more drops to 12.39. On the upside, there is a resistance level at 13.61. A further resistance level may holdings at 14.17. The Relative Strength Index (RSI) on the 14-day chart is 34.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.04%. Stochastics %K at 20.58% indicates the stock is a holding.
The most recent change occurred on July 17, 2023 when Loop Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $58 price target.
