In a filing, SPX Technologies Inc revealed its Former Officer Within 90 Days Nurkin John Webster acquired Company’s shares for reported $1.26 million on Sep 19 ’24. In the deal valued at $161.87 per share,7,805 shares were bought.
Then, Nurkin John Webster bought 11,735 shares, generating $1,795,455 in total proceeds.
Before that, Nurkin John Webster bought 11,232 shares. SPX Technologies Inc shares valued at $1,696,118 were divested by the Former Officer at a price of $151.01 per share.
Sidoti downgraded its SPX Technologies Inc [SPXC] rating to a Neutral from a a Buy in a research note published on December 06, 2024; the price target was decreased to $175 from $187. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in late November with a ‘”an Outperform”‘ rating. Oppenheimer also remained covering SPXC and has decreased its forecast on July 18, 2024 with a “Perform” recommendation from previously “an Outperform” rating. UBS revised its rating on July 05, 2023. It rated SPXC as “a Neutral” which previously was an “a Buy”.
Price Performance Review of SPXC
On Tuesday, SPX Technologies Inc [NYSE:SPXC] saw its stock jump 0.65% to $146.67. Over the last five days, the stock has lost -4.16%. SPX Technologies Inc shares have risen nearly 45.20% since the year began. Nevertheless, the stocks have risen 45.69% over the past one year. While a 52-week high of $183.83 was reached on 11/25/24, a 52-week low of $95.00 was recorded on 01/09/24. SMA at 50 days reached $162.18, while 200 days put it at $146.27.
Levels Of Support And Resistance For SPXC Stock
The 24-hour chart illustrates a support level at 145.31, which if violated will result in even more drops to 143.95. On the upside, there is a resistance level at 147.45. A further resistance level may holdings at 148.22. The Relative Strength Index (RSI) on the 14-day chart is 33.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.86%. Stochastics %K at 13.73% indicates the stock is a buying.
How much short interest is there in SPX Technologies Inc?
A steep rise in short interest was recorded in SPX Technologies Inc stocks on 2024-11-29, growing by 0.14 million shares to a total of 0.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.58 million shares. There was a rise of 19.31%, which implies that there is a positive sentiment for the stock.
