KD Logo

An Analysis of Calumet Inc (CLMT)’s Potential Price Growth

Calumet Inc’s recently made public that its Director Sajkowski Daniel J unloaded Company’s shares for reported $75377.0 on Dec 04 ’24. In the deal valued at $21.12 per share,3,569 shares were sold. As a result of this transaction, Sajkowski Daniel J now holds 161,959 shares worth roughly $3.5 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, Sheets Daniel L sold 3,569 shares, generating $75,377 in total proceeds. Upon selling the shares at $21.12, the Director now owns 66,824 shares.

Before that, Straumins Jennifer sold 75,000 shares. Calumet Inc shares valued at $1,623,750 were divested by the Director at a price of $21.65 per share. As a result of the transaction, Straumins Jennifer now holds 1,213,529 shares, worth roughly $26.21 million.

TD Cowen reiterated its Calumet Inc [CLMT] rating to a Buy in a research note published on November 11, 2024; the price target was $26. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid October has reiterated a ‘”a Buy”‘ rating for it. TD Cowen also remained covering CLMT and reiterated its “Buy” recommendation on August 12, 2024. Goldman revised its rating on August 18, 2022. It rated CLMT as “a Buy” which previously was an “a Neutral”.

Price Performance Review of CLMT

On Tuesday, Calumet Inc [NASDAQ:CLMT] saw its stock jump 7.04% to $21.60. Over the last five days, the stock has gained 0.09%. Calumet Inc shares have risen nearly 20.87% since the year began. Nevertheless, the stocks have risen 27.28% over the past one year. While a 52-week high of $25.29 was reached on 10/17/24, a 52-week low of $9.97 was recorded on 08/05/24. SMA at 50 days reached $21.26, while 200 days put it at $17.20.

Levels Of Support And Resistance For CLMT Stock

The 24-hour chart illustrates a support level at 20.42, which if violated will result in even more drops to 19.24. On the upside, there is a resistance level at 22.21. A further resistance level may holdings at 22.82. The Relative Strength Index (RSI) on the 14-day chart is 51.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.86%. Stochastics %K at 28.39% indicates the stock is a holding.

How much short interest is there in Calumet Inc?

A steep rise in short interest was recorded in Calumet Inc stocks on 2024-11-29, dropping by 83033.0 shares to a total of 5.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 5.45 million shares. There was a decline of -1.55%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on February 28, 2022 when Cowen resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $20.

Most Popular