In a filing, MSA Safety Inc revealed its CEO Vartanian Nishan J. unloaded Company’s shares for reported $2.04 million on May 02 ’24. In the deal valued at $185.29 per share,11,000 shares were sold. As a result of this transaction, Vartanian Nishan J. now holds 56,800 shares worth roughly $10.68 million.
Then, Vartanian Nishan J. sold 4,099 shares, generating $761,385 in total proceeds. Upon selling the shares at $185.75, the CEO now owns 67,800 shares.
Before that, Buck Jonathan D. sold 305 shares. MSA Safety Inc shares valued at $56,578 were divested by the Chief Accounting Officer at a price of $185.50 per share. As a result of the transaction, Buck Jonathan D. now holds 3,506 shares, worth roughly $0.66 million.
William Blair upgraded its MSA Safety Inc [MSA] rating to an Outperform from a a Mkt perform 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 early December from “a Neutral” to “a Buy”. Sidoti also remained covering MSA and has increased its forecast on March 24, 2020 with a “Buy” recommendation from previously “Neutral” rating. William Blair started covering the stock on January 10, 2019. It rated MSA as “a Mkt perform”.
Price Performance Review of MSA
On Tuesday, MSA Safety Inc [NYSE:MSA] saw its stock jump 1.49% to $187.98. Over the last five days, the stock has gained 4.20%. MSA Safety Inc shares have risen nearly 11.34% since the year began. Nevertheless, the stocks have risen 40.08% over the past one year. While a 52-week high of $196.02 was reached on 04/05/24, a 52-week low of $133.18 was recorded on 01/17/24. SMA at 50 days reached $187.48, while 200 days put it at $172.69. A total of 0.23 million shares were traded, compared to the trading of 0.13 million shares in the previous session.
Levels Of Support And Resistance For MSA Stock
The 24-hour chart illustrates a support level at 185.60, which if violated will result in even more drops to 183.21. On the upside, there is a resistance level at 189.98. A further resistance level may holdings at 191.97. The Relative Strength Index (RSI) on the 14-day chart is 52.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.91%. Stochastics %K at 46.58% indicates the stock is a holding.
