Minerals Technologies, Inc.’s filing revealed that its Group President MONAGLE DJ III unloaded Company’s shares for reported $87459.0 on Mar 22 ’24. In the deal valued at $74.12 per share,1,180 shares were sold. As a result of this transaction, MONAGLE DJ III now holds 81,031 shares worth roughly $6.42 million.
Then, Hastings Jonathan J sold 12,922 shares, generating $923,644 in total proceeds. Upon selling the shares at $71.48, the Senior Vice President now owns 53,862 shares.
Before that, MONAGLE DJ III sold 14,598 shares. Minerals Technologies, Inc. shares valued at $993,803 were divested by the Group President at a price of $68.08 per share. As a result of the transaction, MONAGLE DJ III now holds 76,720 shares, worth roughly $6.08 million.
Seaport Research Partners upgraded its Minerals Technologies, Inc. [MTX] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Sidoti’s analysts, who increased its forecast for the stock in mid October from “a Neutral” to “a Buy”. CL King also remained covering MTX and has increased its forecast on July 31, 2023 with a “Buy” recommendation from previously “Neutral” rating. Sidoti revised its rating on February 03, 2023. It rated MTX as “a Neutral” which previously was an “a Buy”.
Price Performance Review of MTX
On Tuesday, Minerals Technologies, Inc. [NYSE:MTX] saw its stock jump 0.79% to $79.20. Over the last five days, the stock has gained 8.66%. Minerals Technologies, Inc. shares have risen nearly 11.06% since the year began. Nevertheless, the stocks have risen 29.39% over the past one year. While a 52-week high of $78.70 was reached on 05/07/24, a 52-week low of $48.61 was recorded on 01/18/24. SMA at 50 days reached $73.30, while 200 days put it at $64.12. A total of 0.22 million shares were traded, compared to the trading of 0.22 million shares in the previous session.
Levels Of Support And Resistance For MTX Stock
The 24-hour chart illustrates a support level at 78.68, which if violated will result in even more drops to 78.16. On the upside, there is a resistance level at 79.85. A further resistance level may holdings at 80.51. The Relative Strength Index (RSI) on the 14-day chart is 69.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.40, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.80%. Stochastics %K at 93.48% indicates the stock is a selling.
