In a filing, Watts Water Technologies, Inc. revealed its Chief Accounting Officer Halloran Virginia A unloaded Company’s shares for reported $0.29 million on Mar 15 ’24. In the deal valued at $202.82 per share,1,407 shares were sold. As a result of this transaction, Halloran Virginia A now holds 13,537 shares worth roughly $2.83 million.
Then, Halloran Virginia A sold 1,520 shares, generating $307,207 in total proceeds. Upon selling the shares at $202.11, the Chief Accounting Officer now owns 14,818 shares.
Before that, Noonan Joseph T sold 1,813 shares. Watts Water Technologies, Inc. shares valued at $373,732 were divested by the Director at a price of $206.14 per share. As a result of the transaction, Noonan Joseph T now holds 713 shares, worth roughly $0.15 million.
Deutsche Bank downgraded its Watts Water Technologies, Inc. [WTS] rating to a Hold from a a Buy in a research note published on January 11, 2023; the price target was decreased to $150 from $155. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in mid August with a ‘”a Buy”‘ rating. Northcoast began covering WTS with “Neutral” recommendation on July 15, 2022. Stifel revised its rating on December 15, 2020. It rated WTS as “a Hold” which previously was an “a Buy”.
Price Performance Review of WTS
On Tuesday, Watts Water Technologies, Inc. [NYSE:WTS] saw its stock fall -0.56% to $209.01. Over the last five days, the stock has gained 5.32%. Watts Water Technologies, Inc. shares have risen nearly 0.32% since the year began. Nevertheless, the stocks have risen 20.56% over the past one year. While a 52-week high of $219.52 was reached on 02/12/24, a 52-week low of $156.85 was recorded on 01/09/24. SMA at 50 days reached $204.48, while 200 days put it at $193.59. A total of 0.27 million shares were traded, compared to the trading of 93000.0 shares in the previous session.
Levels Of Support And Resistance For WTS Stock
The 24-hour chart illustrates a support level at 207.12, which if violated will result in even more drops to 205.24. On the upside, there is a resistance level at 212.30. A further resistance level may holdings at 215.59. The Relative Strength Index (RSI) on the 14-day chart is 59.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.37, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 29.78%. Stochastics %K at 78.06% indicates the stock is a holding.
