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H.B. Fuller Company (FUL) Becoming More Attractive for Investors

H.B. Fuller Company’s recently made public that its Executive Vice President, EA Cai Zhiwei unloaded Company’s shares for reported $0.35 million on Apr 29 ’24. In the deal valued at $75.15 per share,4,645 shares were sold. As a result of this transaction, Cai Zhiwei now holds 30,663 shares worth roughly $2.29 million.

Then, Weaver Nathan D. sold 7,292 shares, generating $573,478 in total proceeds. Upon selling the shares at $78.64, the Sr. VP, Human Resources now owns 4,803 shares.

Before that, East James J. sold 22,316 shares. H.B. Fuller Company shares valued at $1,746,577 were divested by the Executive Vice President, HHC at a price of $78.27 per share. As a result of the transaction, East James J. now holds 0 shares, worth roughly $0.0.

Vertical Research initiated its H.B. Fuller Company [FUL] rating to a Buy in a research note published on March 19, 2024; the price target was $88. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid October from “an Outperform” to “a Neutral”. Citigroup began covering FUL with “Neutral” recommendation on September 11, 2023. Citigroup revised its rating on February 03, 2023. It rated FUL as “a Buy” which previously was an “a Neutral”.

Price Performance Review of FUL

On Tuesday, H.B. Fuller Company [NYSE:FUL] saw its stock fall -0.85% to $74.71. Over the last five days, the stock has lost -1.84%. H.B. Fuller Company shares have fallen nearly -8.23% since the year began. Nevertheless, the stocks have risen 12.91% over the past one year. While a 52-week high of $84.31 was reached on 03/28/24, a 52-week low of $62.57 was recorded on 04/25/24. SMA at 50 days reached $78.15, while 200 days put it at $74.67. A total of 0.36 million shares were traded, compared to the trading of 0.27 million shares in the previous session.

Levels Of Support And Resistance For FUL Stock

The 24-hour chart illustrates a support level at 74.25, which if violated will result in even more drops to 73.79. On the upside, there is a resistance level at 75.21. A further resistance level may holdings at 75.71. The Relative Strength Index (RSI) on the 14-day chart is 40.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.06%. Stochastics %K at 25.35% indicates the stock is a holding.

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