Ceco Environmental Corp.’s filing revealed that its Director WALLMAN RICHARD F acquired Company’s shares for reported $0.11 million on May 01 ’24. In the deal valued at $21.95 per share,5,000 shares were bought. As a result of this transaction, WALLMAN RICHARD F now holds 191,853 shares worth roughly $4.31 million.
Then, WALLMAN RICHARD F bought 50,000 shares, generating $989,195 in total proceeds. Upon buying the shares at $19.78, the Director now owns 185,853 shares.
Before that, SIEGEL LAURIE bought 2,500 shares. Ceco Environmental Corp. shares valued at $49,664 were divested by the Director at a price of $19.87 per share. As a result of the transaction, SIEGEL LAURIE now holds 7,906 shares, worth roughly $0.18 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 Friday, Ceco Environmental Corp. [NASDAQ:CECO] saw its stock fall -2.26% to $22.45. Over the last five days, the stock has lost -11.33%. Ceco Environmental Corp. shares have risen nearly 10.70% since the year began. Nevertheless, the stocks have risen 91.88% over the past one year. While a 52-week high of $25.82 was reached on 04/29/24, a 52-week low of $10.68 was recorded on 03/05/24. SMA at 50 days reached $22.69, while 200 days put it at $18.47. A total of 0.55 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 21.65, which if violated will result in even more drops to 20.84. On the upside, there is a resistance level at 23.46. A further resistance level may holdings at 24.46. The Relative Strength Index (RSI) on the 14-day chart is 45.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.87%. Stochastics %K at 42.53% indicates the stock is a holding.
