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An Analysis of MKS Instruments, Inc. (MKSI)’s Potential Price Growth

In a filing, MKS Instruments, Inc. revealed its Director Mora Elizabeth unloaded Company’s shares for reported $33250.0 on Apr 01 ’24. In the deal valued at $133.00 per share,250 shares were sold. As a result of this transaction, Mora Elizabeth now holds 16,862 shares worth roughly $2.06 million.

Then, Burke Kathleen Flaherty sold 7,411 shares, generating $910,738 in total proceeds. Upon selling the shares at $122.89, the EVP, GC & Secretary now owns 42,999 shares.

Before that, Moloney Jacqueline F sold 250 shares. MKS Instruments, Inc. shares valued at $30,722 were divested by the Director at a price of $122.89 per share. As a result of the transaction, Moloney Jacqueline F now holds 9,161 shares, worth roughly $1.12 million.

The Benchmark Company upgraded its MKS Instruments, Inc. [MKSI] rating to a Buy from a a Hold 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 mid December from “a Sector weight” to “an Overweight”. The Benchmark Company also remained covering MKSI and has decreased its forecast on November 04, 2022 with a “Hold” recommendation from previously “Buy” rating. Loop Capital started covering the stock on February 23, 2022. It rated MKSI as “a Buy”.

Price Performance Review of MKSI

On Friday, MKS Instruments, Inc. [NASDAQ:MKSI] saw its stock jump 3.42% to $122.02. Over the last five days, the stock has gained 1.05%. MKS Instruments, Inc. shares have risen nearly 18.62% since the year began. Nevertheless, the stocks have risen 47.78% over the past one year. While a 52-week high of $135.51 was reached on 04/01/24, a 52-week low of $63.44 was recorded on 01/04/24. SMA at 50 days reached $123.24, while 200 days put it at $100.49. A total of 0.61 million shares were traded, compared to the trading of 0.67 million shares in the previous session.

Levels Of Support And Resistance For MKSI Stock

The 24-hour chart illustrates a support level at 120.84, which if violated will result in even more drops to 119.66. On the upside, there is a resistance level at 123.47. A further resistance level may holdings at 124.92. The Relative Strength Index (RSI) on the 14-day chart is 52.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.25, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.63%. Stochastics %K at 62.03% indicates the stock is a holding.

The most recent change occurred on January 26, 2022 when KeyBanc Capital Markets began covering the stock and recommended ‘”a Sector weight”‘ rating .

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