Comerica, Inc’s recently made public that its Executive Vice President Bailey Corey R unloaded Company’s shares for reported $0.13 million on Dec 02 ’24. In the deal valued at $71.36 per share,1,857 shares were sold. As a result of this transaction, Bailey Corey R now holds 25,817 shares worth roughly $1.79 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, Bailey Corey R bought 1,857 shares, generating $132,516 in total proceeds.
Before that, Fleming Allysun C sold 1,392 shares. Comerica, Inc shares valued at $95,804 were divested by the Executive Vice President at a price of $68.83 per share. As a result of the transaction, Fleming Allysun C now holds 8,730 shares, worth roughly $0.61 million.
Wells Fargo upgraded its Comerica, Inc [CMA] rating to an Equal weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early October from “a Neutral” to “an Underperform”. Wedbush also remained covering CMA and has increased its forecast on September 24, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Keefe Bruyette revised its rating on September 05, 2024. It rated CMA as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of CMA
On Friday, Comerica, Inc [NYSE:CMA] saw its stock fall -0.77% to $69.38. Over the last five days, the stock has lost -3.97%. Comerica, Inc shares have risen nearly 24.31% since the year began. Nevertheless, the stocks have risen 45.70% over the past one year. While a 52-week high of $73.45 was reached on 11/25/24, a 52-week low of $45.32 was recorded on 06/11/24. SMA at 50 days reached $65.18, while 200 days put it at $55.82.
Levels Of Support And Resistance For CMA Stock
The 24-hour chart illustrates a support level at 68.77, which if violated will result in even more drops to 68.15. On the upside, there is a resistance level at 70.12. A further resistance level may holdings at 70.85. The Relative Strength Index (RSI) on the 14-day chart is 53.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.11%. Stochastics %K at 63.91% indicates the stock is a holding.
How much short interest is there in Comerica, Inc?
A steep rise in short interest was recorded in Comerica, Inc stocks on 2024-11-15, growing by 69767.0 shares to a total of 4.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 4.52 million shares. There was a rise of 1.52%, which implies that there is a positive sentiment for the stock.
