The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Zurn Elkay Water Solutions Corp shares valued at $1,720,152 were purchased by SUDHANSHU CHHABRA on Sep 12 ’24. At $32.55 per share, SUDHANSHU CHHABRA acquired 52,851 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, JAHNKE TIMOTHY J sold 15,600 shares, netting a total of over 515,276 in proceeds. Following the sale of shares at $33.03 each, the insider now holds 385,017 shares.
Before that, JAHNKE TIMOTHY J had added 15,600 shares to its account. In a trade valued at $514,787, the Director bought Zurn Elkay Water Solutions Corp shares for $33.00 each.
As published in their initiating research note from Exane BNP Paribas on March 12, 2024, Zurn Elkay Water Solutions Corp [ZWS] has been an Outperform and the price target has been revised to $40. Analysts at Mizuho downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early February. As of December 19, 2023, Stifel has decreased its “Buy” rating to a “Hold” for ZWS. Earlier on December 13, 2023, KeyBanc Capital Markets downgraded its rating. Their new recommendation was “a Sector weight” for ZWS stock which previously was a “an Overweight”.
Analyzing ZWS Stock Performance
During the last five days, there has been a surge of approximately 6.81%. Over the course of the year, Zurn Elkay Water Solutions Corp shares have jumped approximately 10.44%. Shares of the company reached a 52-week high of $34.58 on 04/01/24 and a 52-week low of $27.55 on 01/09/24. A 50-day SMA is recorded $31.04, while a 200-day SMA reached $30.91. Nevertheless, trading volume fell to 1.47 million shares from 1.66 million shares the previous day.
Support And Resistance Levels for Zurn Elkay Water Solutions Corp (ZWS)
According to the 24-hour chart, there is a support level at 32.15, which, if violated, would cause prices to drop to 31.83. In the upper region, resistance lies at 32.76. The next price resistance is at 33.04. RSI (Relative Strength Index) is 57.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.70, which suggests the price will decrease in the coming days. Percent R is at 32.30%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
