Crane NXT Co’s recently made public that its Former Affiliate Gallo Kurt F. acquired Company’s shares for reported $0.33 million on Dec 04 ’24. In the deal valued at $63.26 per share,5,168 shares were bought.
Then, Gallo Kurt F. bought 4,832 shares, generating $297,014 in total proceeds.
Before that, Gallo Kurt F. bought 5,000 shares. Crane NXT Co shares valued at $293,636 were divested by the Former Affiliate at a price of $58.73 per share.
Robert W. Baird initiated its Crane NXT Co [CXT] rating to an Outperform in a research note published on October 17, 2024; the price target was $77. A number of analysts have revised their coverage, including Northland Capital’s analysts, who began to cover the stock in early April with a ‘”an Outperform”‘ rating. UBS began covering CXT with “Neutral” recommendation on August 29, 2023. Oppenheimer started covering the stock on June 13, 2023. It rated CXT as “an Outperform”.
Price Performance Review of CXT
On Tuesday, Crane NXT Co [NYSE:CXT] saw its stock jump 1.36% to $57.58. Over the last five days, the stock has lost -1.81%. Crane NXT Co shares have risen nearly 1.25% since the year began. Nevertheless, the stocks have fallen -2.80% over the past one year. While a 52-week high of $64.80 was reached on 06/21/24, a 52-week low of $52.89 was recorded on 11/04/24. SMA at 50 days reached $57.87, while 200 days put it at $59.04.
Levels Of Support And Resistance For CXT Stock
The 24-hour chart illustrates a support level at 56.76, which if violated will result in even more drops to 55.95. On the upside, there is a resistance level at 58.00. A further resistance level may holdings at 58.43. The Relative Strength Index (RSI) on the 14-day chart is 43.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.85%. Stochastics %K at 10.04% indicates the stock is a buying.
How much short interest is there in Crane NXT Co?
A steep rise in short interest was recorded in Crane NXT Co stocks on 2024-11-29, growing by 0.41 million shares to a total of 4.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.61 million shares. There was a rise of 10.22%, which implies that there is a positive sentiment for the stock.
