In a filing, Eagle Materials Inc revealed 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 $3.21 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.
Jefferies downgraded its Eagle Materials Inc [EXP] rating to a Hold from a a Buy in a research note published on December 16, 2024; the price target was decreased to $310 from $330. A number of analysts have revised their coverage, including Loop Capital’s analysts, who decreased its forecast for the stock in late November from “a Buy” to “a Hold”. Loop Capital also remained covering EXP and has increased its forecast on January 08, 2024 with a “Buy” recommendation from previously “Hold” rating. JP Morgan revised its rating on December 12, 2023. It rated EXP as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of EXP
On Friday, Eagle Materials Inc [NYSE:EXP] saw its stock fall -0.76% to $248.30. Over the last five days, the stock has lost -9.15%. Eagle Materials Inc shares have risen nearly 22.41% since the year began. Nevertheless, the stocks have risen 23.20% over the past one year. While a 52-week high of $321.93 was reached on 11/25/24, a 52-week low of $195.93 was recorded on 01/04/24. SMA at 50 days reached $293.72, while 200 days put it at $261.46.
Levels Of Support And Resistance For EXP Stock
The 24-hour chart illustrates a support level at 245.60, which if violated will result in even more drops to 242.90. On the upside, there is a resistance level at 252.43. A further resistance level may holdings at 256.56. The Relative Strength Index (RSI) on the 14-day chart is 17.42, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -25.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.79%. Stochastics %K at 1.32% 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 2024-11-29, dropping by -0.14 million shares to a total of 0.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.08 million shares. There was a decline of -14.35%, which implies that there is a negative sentiment for the stock.
