Innospec Inc’s recent filing unveils that its Director Poccia Claudia unloaded Company’s shares for reported $35964.0 on Nov 22 ’24. In the deal valued at $119.88 per share,300 shares were sold. As a result of this transaction, Poccia Claudia now holds 3,879 shares worth roughly $0.43 million.
Then, Blackmore Milton C sold 1,035 shares, generating $127,222 in total proceeds. Upon selling the shares at $122.92, the Director now owns 9,028 shares.
Before that, Cleminson Ian sold 6,602 shares. Innospec Inc shares valued at $749,987 were divested by the VP & CFO at a price of $113.60 per share. As a result of the transaction, Cleminson Ian now holds 16,394 shares, worth roughly $1.8 million.
Seaport Research Partners initiated its Innospec Inc [IOSP] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including CL King’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. KeyBanc Capital Markets also remained covering IOSP and has decreased its forecast on April 12, 2019 with a “Sector weight” recommendation from previously “an Overweight” rating. Johnson Rice revised its rating on April 24, 2018. It rated IOSP as “a Buy” which previously was an “a Accumulate”.
Price Performance Review of IOSP
On Friday, Innospec Inc [NASDAQ:IOSP] saw its stock jump 0.49% to $109.71. Over the last five days, the stock has lost -5.31%. Innospec Inc shares have fallen nearly -10.98% since the year began. Nevertheless, the stocks have fallen -9.75% over the past one year. While a 52-week high of $133.71 was reached on 05/10/24, a 52-week low of $103.97 was recorded on 09/11/24. SMA at 50 days reached $115.42, while 200 days put it at $119.42.
Levels Of Support And Resistance For IOSP Stock
The 24-hour chart illustrates a support level at 108.11, which if violated will result in even more drops to 106.51. On the upside, there is a resistance level at 111.38. A further resistance level may holdings at 113.06. The Relative Strength Index (RSI) on the 14-day chart is 32.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.77%. Stochastics %K at 9.12% indicates the stock is a buying.
How much short interest is there in Innospec Inc?
A steep rise in short interest was recorded in Innospec Inc stocks on 2024-11-29, growing by 52519.0 shares to a total of 0.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.23 million shares. There was a rise of 18.83%, which implies that there is a positive sentiment for the stock.
