Koppers Holdings Inc’s recently made public that its CEO BALL M LEROY unloaded Company’s shares for reported $0.15 million on Aug 29 ’24. In the deal valued at $38.35 per share,3,803 shares were sold. As a result of this transaction, BALL M LEROY now holds 315,129 shares worth roughly $11.49 million.
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Then, BALL M LEROY bought 3,803 shares, generating $145,839 in total proceeds.
Before that, BALL M LEROY sold 4,000 shares. Koppers Holdings Inc shares valued at $156,240 were divested by the CEO at a price of $39.06 per share. As a result of the transaction, BALL M LEROY now holds 318,932 shares, worth roughly $11.63 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 1.17% to $36.45. Over the last five days, the stock has lost -5.57%. Koppers Holdings Inc shares have fallen nearly -28.84% since the year began. Nevertheless, the stocks have fallen -2.23% over the past one year. While a 52-week high of $58.23 was reached on 02/29/24, a 52-week low of $33.80 was recorded on 08/05/24. SMA at 50 days reached $37.47, while 200 days put it at $45.86.
Levels Of Support And Resistance For KOP Stock
The 24-hour chart illustrates a support level at 35.88, which if violated will result in even more drops to 35.30. On the upside, there is a resistance level at 36.86. A further resistance level may holdings at 37.27. The Relative Strength Index (RSI) on the 14-day chart is 41.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.03%. Stochastics %K at 7.26% indicates the stock is a buying.
How much short interest is there in Koppers Holdings Inc?
A steep rise in short interest was recorded in Koppers Holdings Inc stocks on 2024-08-15, growing by 1734.0 shares to a total of 0.21 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 0.2 million shares. There was a rise of 0.84%, which implies that there is a positive sentiment for the stock.
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.
