Terex Corp.’s recently made public that its Director RUSH ANDRA acquired Company’s shares for reported $0.12 million on Aug 02 ’24. In the deal valued at $54.36 per share,2,205 shares were bought. As a result of this transaction, RUSH ANDRA now holds 21,983 shares worth roughly $1.15 million.
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
Then, POSNER SCOTT sold 12,500 shares, generating $756,000 in total proceeds. Upon selling the shares at $60.48, the Senior V.P., Gen Counsel Sec. now owns 58,224 shares.
Before that, JOHNSTON STEPHEN sold 3,239 shares. Terex Corp. shares valued at $200,818 were divested by the VP CAO and Controller at a price of $62.00 per share. As a result of the transaction, JOHNSTON STEPHEN now holds 14,606 shares, worth roughly $0.76 million.
Raymond James initiated its Terex Corp. [TEX] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late June with a ‘”a Neutral”‘ rating. JP Morgan also remained covering TEX and has decreased its forecast on March 18, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Truist started covering the stock on March 14, 2024. It rated TEX as “a Buy”.
Price Performance Review of TEX
On Monday, Terex Corp. [NYSE:TEX] saw its stock jump 1.24% to $52.15. Over the last five days, the stock has lost -1.44%. Terex Corp. shares have fallen nearly -9.24% since the year began. Nevertheless, the stocks have fallen -0.36% over the past one year. While a 52-week high of $68.08 was reached on 07/26/24, a 52-week low of $43.70 was recorded on 09/11/24. SMA at 50 days reached $54.02, while 200 days put it at $57.58.
Levels Of Support And Resistance For TEX Stock
The 24-hour chart illustrates a support level at 51.22, which if violated will result in even more drops to 50.29. On the upside, there is a resistance level at 52.62. A further resistance level may holdings at 53.09. The Relative Strength Index (RSI) on the 14-day chart is 47.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.32%. Stochastics %K at 14.61% indicates the stock is a buying.
How much short interest is there in Terex Corp.?
A steep rise in short interest was recorded in Terex Corp. stocks on 2024-09-13, growing by 0.19 million shares to a total of 5.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 5.04 million shares. There was a rise of 3.65%, which implies that there is a positive sentiment for the stock.
