Eagle Materials Inc’s filing revealed that its President (American Gypsum) Cribbs Eric unloaded Company’s shares for reported $0.32 million on Nov 25 ’24. In the deal valued at $319.64 per share,1,000 shares were sold. As a result of this transaction, Cribbs Eric now holds 12,937 shares worth roughly $3.69 million.
Then, Kesler Dale Craig sold 5,000 shares, generating $1,550,192 in total proceeds. Upon selling the shares at $310.04, the EVP and CFO now owns 60,488 shares.
Before that, Cribbs Eric bought 1,000 shares. Eagle Materials Inc shares valued at $319,550 were divested by the Officer at a price of $319.55 per share.
Loop Capital downgraded its Eagle Materials Inc [EXP] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. JP Morgan also remained covering EXP and has increased its forecast on December 12, 2023 with a “Neutral” recommendation from previously “an Underweight” rating. JP Morgan revised its rating on July 06, 2023. It rated EXP as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of EXP
On Monday, Eagle Materials Inc [NYSE:EXP] saw its stock fall -3.95% to $284.98. Over the last five days, the stock has lost -6.15%. Eagle Materials Inc shares have risen nearly 40.49% since the year began. Nevertheless, the stocks have risen 51.46% over the past one year. While a 52-week high of $321.93 was reached on 11/25/24, a 52-week low of $184.68 was recorded on 01/04/24. SMA at 50 days reached $297.31, while 200 days put it at $260.93.
Levels Of Support And Resistance For EXP Stock
The 24-hour chart illustrates a support level at 280.00, which if violated will result in even more drops to 275.03. On the upside, there is a resistance level at 294.44. A further resistance level may holdings at 303.91. The Relative Strength Index (RSI) on the 14-day chart is 34.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.69%. Stochastics %K at 13.83% indicates the stock is a buying.
How much short interest is there in Eagle Materials Inc?
A steep rise in short interest was recorded in Eagle Materials Inc stocks on 2024-11-15, dropping by -0.27 million shares to a total of 0.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 1.21 million shares. There was a decline of -28.05%, which implies that there is a negative sentiment for the stock.
