Koppers Holdings Inc’s recently made public that its SVP, Chief Sustainability Offi Hyde Leslie S unloaded Company’s shares for reported $1.21 million on Mar 21 ’24. In the deal valued at $53.91 per share,22,403 shares were sold. As a result of this transaction, Hyde Leslie S now holds 55,658 shares worth roughly $2.47 million.
Then, BALL M LEROY sold 7,362 shares, generating $389,283 in total proceeds. Upon selling the shares at $52.88, the CEO now owns 320,718 shares.
Before that, Washington Kevin sold 1,323 shares. Koppers Holdings Inc shares valued at $69,571 were divested by the VP, External Relations at a price of $52.59 per share. As a result of the transaction, Washington Kevin now holds 6,404 shares, worth roughly $0.28 million.
Singular Research upgraded its Koppers Holdings Inc [KOP] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who remained covering the stock and in early May has reiterated a ‘”a Buy”‘ rating for it. Monness Crespi & Hardt also remained covering KOP and reiterated its “Buy” recommendation on January 29, 2021. Monness Crespi & Hardt maintained its rating on April 28, 2020. It rated KOP as “a Buy”.
Price Performance Review of KOP
On Tuesday, Koppers Holdings Inc [NYSE:KOP] saw its stock jump 2.97% to $44.40. Over the last five days, the stock has lost -13.42%. Koppers Holdings Inc shares have fallen nearly -13.32% since the year began. Nevertheless, the stocks have risen 33.86% over the past one year. While a 52-week high of $58.23 was reached on 02/29/24, a 52-week low of $28.45 was recorded on 05/07/24. SMA at 50 days reached $53.41, while 200 days put it at $45.55. A total of 0.25 million shares were traded, compared to the trading of 0.19 million shares in the previous session.
Levels Of Support And Resistance For KOP Stock
The 24-hour chart illustrates a support level at 43.03, which if violated will result in even more drops to 41.65. On the upside, there is a resistance level at 45.73. A further resistance level may holdings at 47.06. The Relative Strength Index (RSI) on the 14-day chart is 28.17, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.39%. Stochastics %K at 4.61% indicates the stock is a buying.
The most recent change occurred on February 28, 2020 when Monness Crespi & Hardt resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $35.
