In a filing, Zurn Elkay Water Solutions Corp revealed its Director JAHNKE TIMOTHY J unloaded Company’s shares for reported $0.75 million on Oct 16 ’24. In the deal valued at $37.59 per share,20,000 shares were sold. As a result of this transaction, JAHNKE TIMOTHY J now holds 345,017 shares worth roughly $12.41 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, JAHNKE TIMOTHY J bought 20,000 shares, generating $751,094 in total proceeds.
Before that, JAHNKE TIMOTHY J sold 10,035 shares. Zurn Elkay Water Solutions Corp shares valued at $351,225 were divested by the Director at a price of $35.00 per share. As a result of the transaction, JAHNKE TIMOTHY J now holds 374,982 shares, worth roughly $13.49 million.
Exane BNP Paribas initiated its Zurn Elkay Water Solutions Corp [ZWS] rating to an Outperform in a research note published on March 12, 2024; the price target was $40. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Neutral”. Stifel also remained covering ZWS and has decreased its forecast on December 19, 2023 with a “Hold” recommendation from previously “Buy” rating. KeyBanc Capital Markets revised its rating on December 13, 2023. It rated ZWS as “a Sector weight” which previously was an “an Overweight”.
Price Performance Review of ZWS
On Friday, Zurn Elkay Water Solutions Corp [NYSE:ZWS] saw its stock fall -0.91% to $35.97. Over the last five days, the stock has lost -3.82%. Zurn Elkay Water Solutions Corp shares have risen nearly 22.31% since the year began. Nevertheless, the stocks have risen 41.67% over the past one year. While a 52-week high of $38.11 was reached on 10/16/24, a 52-week low of $25.09 was recorded on 01/09/24. SMA at 50 days reached $34.17, while 200 days put it at $31.91.
Levels Of Support And Resistance For ZWS Stock
The 24-hour chart illustrates a support level at 35.69, which if violated will result in even more drops to 35.41. On the upside, there is a resistance level at 36.47. A further resistance level may holdings at 36.97. The Relative Strength Index (RSI) on the 14-day chart is 52.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.31%. Stochastics %K at 23.97% indicates the stock is a holding.
How much short interest is there in Zurn Elkay Water Solutions Corp?
A steep rise in short interest was recorded in Zurn Elkay Water Solutions Corp stocks on 2024-10-15, growing by 2.77 million shares to a total of 7.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 5.18 million shares. There was a rise of 34.84%, which implies that there is a positive sentiment for the stock.
