Myers Industries Inc’s filing revealed that its Interim President & CEO Basque Dave acquired Company’s shares for reported $62050.0 on Dec 09 ’24. In the deal valued at $12.41 per share,5,000 shares were bought. As a result of this transaction, Basque Dave now holds 39,152 shares worth roughly $0.43 million.
Then, Basque Dave bought 5,000 shares, generating $60,650 in total proceeds. Upon buying the shares at $12.13, the Interim President & CEO now owns 34,152 shares.
Before that, Basque Dave bought 5,000 shares. Myers Industries Inc shares valued at $56,650 were divested by the Interim President & CEO at a price of $11.33 per share. As a result of the transaction, Basque Dave now holds 29,152 shares, worth roughly $0.32 million.
KeyBanc Capital Markets downgraded its Myers Industries Inc [MYE] rating to a Sector weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who decreased its forecast for the stock in early March from “an Outperform” to “a Market perform”. KeyBanc Capital Markets also remained covering MYE and has increased its forecast on December 18, 2020 with a “an Overweight” recommendation from previously “Sector weight” rating. Cowen revised its rating on August 27, 2019. It rated MYE as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of MYE
On Monday, Myers Industries Inc [NYSE:MYE] saw its stock fall -1.35% to $10.93. Over the last five days, the stock has lost -4.12%. Myers Industries Inc shares have fallen nearly -44.09% since the year began. Nevertheless, the stocks have fallen -44.57% over the past one year. While a 52-week high of $23.63 was reached on 03/22/24, a 52-week low of $10.35 was recorded on 11/20/24. SMA at 50 days reached $11.86, while 200 days put it at $15.17.
Levels Of Support And Resistance For MYE Stock
The 24-hour chart illustrates a support level at 10.79, which if violated will result in even more drops to 10.65. On the upside, there is a resistance level at 11.09. A further resistance level may holdings at 11.25. The Relative Strength Index (RSI) on the 14-day chart is 37.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.33%. Stochastics %K at 10.29% indicates the stock is a buying.
How much short interest is there in Myers Industries Inc?
A steep rise in short interest was recorded in Myers Industries Inc stocks on 2024-12-13, growing by 0.16 million shares to a total of 1.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.12 million shares. There was a rise of 12.73%, which implies that there is a positive sentiment for the stock.
