MSA Safety Inc’s filing revealed that its CEO Vartanian Nishan J. unloaded Company’s shares for reported $0.75 million on Jul 31 ’24. In the deal valued at $189.00 per share,3,945 shares were sold. As a result of this transaction, Vartanian Nishan J. now holds 31,953 shares worth roughly $5.4 million.
Then, NISHAN J VARTANIAN & PAMELA A bought 3,945 shares, generating $745,605 in total proceeds.
Before that, Vartanian Nishan J. sold 6,055 shares. MSA Safety Inc shares valued at $1,138,340 were divested by the CEO at a price of $188.00 per share. As a result of the transaction, Vartanian Nishan J. now holds 35,898 shares, worth roughly $6.06 million.
DA Davidson initiated its MSA Safety Inc [MSA] rating to a Buy in a research note published on December 19, 2024; the price target was $195. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid December with a ‘”a Hold”‘ rating. B. Riley Securities began covering MSA with “Buy” recommendation on November 05, 2024. William Blair revised its rating on June 12, 2023. It rated MSA as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of MSA
On Tuesday, MSA Safety Inc [NYSE:MSA] saw its stock jump 1.64% to $168.93. Over the last five days, the stock has lost -0.02%. MSA Safety Inc shares have risen nearly 0.07% since the year began. Nevertheless, the stocks have risen 1.10% over the past one year. While a 52-week high of $200.60 was reached on 07/16/24, a 52-week low of $160.02 was recorded on 01/17/24. SMA at 50 days reached $171.64, while 200 days put it at $180.43.
Levels Of Support And Resistance For MSA Stock
The 24-hour chart illustrates a support level at 166.26, which if violated will result in even more drops to 163.58. On the upside, there is a resistance level at 170.65. A further resistance level may holdings at 172.36. The Relative Strength Index (RSI) on the 14-day chart is 44.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.20%. Stochastics %K at 14.34% indicates the stock is a buying.
How much short interest is there in MSA Safety Inc?
A steep rise in short interest was recorded in MSA Safety Inc stocks on 2024-11-29, growing by 16389.0 shares to a total of 0.31 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.29 million shares. There was a rise of 5.27%, which implies that there is a positive sentiment for the stock.
