The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Cass Information Systems Inc shares valued at $8,060 were purchased by Normile Michael James on Oct 21 ’24. At $40.30 per share, Normile Michael James acquired 200 shares. The insider’s holdings grew to 12,270 shares worth approximately $0.51 million following the completion of this transaction.
As published in a research note from Piper Sandler on February 12, 2024, Cass Information Systems Inc [CASS] has been rated up from a Neutral to an Overweight and the price target has been revised to $51 from $45. Analysts at Piper Sandler started covering the stock with ‘”a Neutral”‘ outlook in a report released in early December.
Analyzing CASS Stock Performance
During the last five days, there has been a surge of approximately 1.42%. Over the course of the year, Cass Information Systems Inc shares have jumped approximately 1.42%. Shares of the company reached a 52-week high of $41.71 on 01/08/25 and a 52-week low of $38.84 on 01/03/25. A 50-day SMA is recorded $43.37, while a 200-day SMA reached $42.66. Nevertheless, trading volume fell to 57165.0 shares from 94800.0 shares the previous day.
Support And Resistance Levels for Cass Information Systems Inc (CASS)
According to the 24-hour chart, there is a support level at 41.05, which, if violated, would cause prices to drop to 40.62. In the upper region, resistance lies at 41.82. The next price resistance is at 42.14. RSI (Relative Strength Index) is 44.84 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.15, which suggests the price will decrease in the coming days. Percent R is at 50.74%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
