In a filing, Carpenter Technology Corp. revealed its VP, Contr & Ch Acctg Officer SOCCI ELIZABETH A unloaded Company’s shares for reported $81892.0 on May 06 ’24. In the deal valued at $102.11 per share,802 shares were sold. As a result of this transaction, SOCCI ELIZABETH A now holds 11,509 shares worth roughly $1.18 million.
Then, KAROL STEVEN E sold 31,000 shares, generating $3,117,608 in total proceeds. Upon selling the shares at $100.57, the Director now owns 244,126 shares.
Before that, MCLANE CHARLES DOUGLAS JR sold 3,791 shares. Carpenter Technology Corp. shares valued at $251,798 were divested by the Director at a price of $66.42 per share. As a result of the transaction, MCLANE CHARLES DOUGLAS JR now holds 6,459 shares, worth roughly $0.66 million.
Northcoast downgraded its Carpenter Technology Corp. [CRS] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Northcoast’s analysts, who began to cover the stock in late August with a ‘”a Buy”‘ rating. Cowen also remained covering CRS and has increased its forecast on September 12, 2022 with a “an Outperform” recommendation from previously “Market perform” rating. JP Morgan revised its rating on February 11, 2022. It rated CRS as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of CRS
On Tuesday, Carpenter Technology Corp. [NYSE:CRS] saw its stock jump 0.62% to $102.54. Over the last five days, the stock has gained 19.65%. Carpenter Technology Corp. shares have risen nearly 44.83% since the year began. Nevertheless, the stocks have risen 103.98% over the past one year. While a 52-week high of $104.85 was reached on 05/03/24, a 52-week low of $44.40 was recorded on 02/06/24. SMA at 50 days reached $75.44, while 200 days put it at $67.48. A total of 1.21 million shares were traded, compared to the trading of 0.68 million shares in the previous session.
Levels Of Support And Resistance For CRS Stock
The 24-hour chart illustrates a support level at 100.72, which if violated will result in even more drops to 98.91. On the upside, there is a resistance level at 104.30. A further resistance level may holdings at 106.07. The Relative Strength Index (RSI) on the 14-day chart is 83.03, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 14.22, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.92%. Stochastics %K at 92.69% indicates the stock is a selling.
