Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Mueller Water Products Inc shares valued at $263,287 were sold by THOMAS LYDIA W on Nov 18 ’24. At $24.40 per share, THOMAS LYDIA W sold 10,791 shares. The insider’s holdings dropped to 136,405 shares worth approximately $3.39 million following the completion of this transaction.
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, THOMAS LYDIA W purchased 10,791 shares, netting a total of over 263,287 in proceeds.
Before that, Healy Brian C. had added 1,125 shares to its account. In a trade valued at $24,739, the Director bought Mueller Water Products Inc shares for $21.99 each. Upon closing the transaction, the insider’s holdings increased to 1,125 shares, worth approximately $0.12 million.
As published in a research note from TD Cowen on August 09, 2024, Mueller Water Products Inc [MWA] has been rated down from a Buy to a Hold and the price target has been revised to $20 from $19. Analysts at Oppenheimer upgraded the stock from ‘”a Perform”‘ to ‘”an Outperform”‘ outlook in a report released in mid April. As of August 04, 2023, Northcoast has decreased its “Buy” rating to a “Neutral” for MWA. Earlier on May 05, 2023, TD Cowen upgraded its rating. Their new recommendation was “an Outperform” for MWA stock which previously was a “a Market perform”.
Analyzing MWA Stock Performance
During the last five days, there has been a drop of approximately -0.76%. Over the course of the year, Mueller Water Products Inc shares have jumped approximately 72.36%. Shares of the company reached a 52-week high of $26.28 on 11/11/24 and a 52-week low of $13.49 on 02/06/24. A 50-day SMA is recorded $22.39, while a 200-day SMA reached $18.90. Nevertheless, trading volume fell to 1.11 million shares from 0.63 million shares the previous day.
Support And Resistance Levels for Mueller Water Products Inc (MWA)
According to the 24-hour chart, there is a support level at 24.42, which, if violated, would cause prices to drop to 24.02. In the upper region, resistance lies at 25.04. The next price resistance is at 25.26. RSI (Relative Strength Index) is 64.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.35, which suggests the price will decrease in the coming days. Percent R is at 31.65%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.