Container Store Group Inc’s recently made public that its CEO & PRESIDENT Malhotra Satish acquired Company’s shares for reported $30359.0 on Nov 13 ’23. In the deal valued at $1.82 per share,16,715 shares were bought. As a result of this transaction, Malhotra Satish now holds 754,653 shares worth roughly $0.67 million.
Then, Malhotra Satish bought 12,417 shares, generating $30,307 in total proceeds. Upon buying the shares at $2.44, the CEO & PRESIDENT now owns 737,938 shares.
Before that, Jordan Robert E bought 30,000 shares. Container Store Group Inc shares valued at $70,506 were divested by the Director at a price of $2.35 per share. As a result of the transaction, Jordan Robert E now holds 224,059 shares, worth roughly $0.2 million.
Lake Street downgraded its Container Store Group Inc [TCS] rating to a Hold from a a Buy in a research note published on August 02, 2023; the price target was decreased to $3.50 from $5. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in mid April with a ‘”a Buy”‘ rating. Goldman also remained covering TCS and has increased its forecast on November 09, 2020 with a “Neutral” recommendation from previously “Sell” rating. Goldman revised its rating on August 04, 2020. It rated TCS as “a Sell” which previously was an “a Neutral”.
Price Performance Review of TCS
On Tuesday, Container Store Group Inc [NYSE:TCS] saw its stock jump 0.45% to $0.89. Over the last five days, the stock has gained 5.30%. Container Store Group Inc shares have fallen nearly -61.11% since the year began. Nevertheless, the stocks have fallen -69.95% over the past one year. While a 52-week high of $3.71 was reached on 01/05/24, a 52-week low of $0.83 was recorded on 04/30/24. SMA at 50 days reached $1.0584, while 200 days put it at $1.8155. A total of 0.26 million shares were traded, compared to the trading of 0.14 million shares in the previous session.
Levels Of Support And Resistance For TCS Stock
The 24-hour chart illustrates a support level at 0.8615, which if violated will result in even more drops to 0.8363. On the upside, there is a resistance level at 0.9204. A further resistance level may holdings at 0.9541. The Relative Strength Index (RSI) on the 14-day chart is 40.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0052, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.71%. Stochastics %K at 38.29% indicates the stock is a holding.
