Koppers Holdings Inc’s recent filing unveils that its BOARD MEMBER AFFILIATE Tritch Stephen R acquired Company’s shares for reported $0.13 million on Nov 20 ’24. In the deal valued at $37.04 per share,3,533 shares were bought.
Then, Tritch Stephen R sold 3,533 shares, generating $131,004 in total proceeds. Upon selling the shares at $37.08, the Director now owns 47,737 shares.
Before that, BALL M LEROY sold 6,000 shares. Koppers Holdings Inc shares valued at $223,580 were divested by the CEO at a price of $37.26 per share. As a result of the transaction, BALL M LEROY now holds 314,325 shares, worth roughly $9.75 million.
Singular Research upgraded its Koppers Holdings Inc [KOP] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who remained covering the stock and in early May has reiterated a ‘”a Buy”‘ rating for it. Monness Crespi & Hardt also remained covering KOP and reiterated its “Buy” recommendation on January 29, 2021. Monness Crespi & Hardt maintained its rating on April 28, 2020. It rated KOP as “a Buy”.
Price Performance Review of KOP
On Friday, Koppers Holdings Inc [NYSE:KOP] saw its stock fall -1.08% to $31.01. Over the last five days, the stock has lost -8.28%. Koppers Holdings Inc shares have fallen nearly -39.46% since the year began. Nevertheless, the stocks have fallen -37.01% over the past one year. While a 52-week high of $58.23 was reached on 02/29/24, a 52-week low of $30.95 was recorded on 12/20/24. SMA at 50 days reached $36.06, while 200 days put it at $41.12.
Levels Of Support And Resistance For KOP Stock
The 24-hour chart illustrates a support level at 30.53, which if violated will result in even more drops to 30.04. On the upside, there is a resistance level at 31.61. A further resistance level may holdings at 32.20. The Relative Strength Index (RSI) on the 14-day chart is 24.45, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.69%. Stochastics %K at 4.41% indicates the stock is a buying.
How much short interest is there in Koppers Holdings Inc?
A steep rise in short interest was recorded in Koppers Holdings Inc stocks on 2024-11-29, growing by 53505.0 shares to a total of 0.35 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.3 million shares. There was a rise of 15.3%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 28, 2020 when Monness Crespi & Hardt resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $35.
