Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Koppers Holdings Inc shares valued at $130,853 were purchased by Tritch Stephen R on Nov 20 ’24. At $37.04 per share, Tritch Stephen R acquired 3,533 shares.
Also, Tritch Stephen R sold 3,533 shares, netting a total of over 131,004 in proceeds. Following the sale of shares at $37.08 each, the insider now holds 47,737 shares.
Before that, BALL M LEROY had sold 6,000 shares from its account. In a trade valued at $223,580, the CEO traded Koppers Holdings Inc shares for $37.26 each. Upon closing the transaction, the insider’s holdings decreased to 6,000 shares, worth approximately $9.53 million.
As published in a research note from Singular Research on March 13, 2024, Koppers Holdings Inc [KOP] has been rated up from a Hold to a Buy and the price target has been revised to $67.50. Analysts at Monness Crespi & Hardt resumed the stock at ‘”a Buy”‘ outlook in a report released in early May. As of January 29, 2021, Monness Crespi & Hardt has reiterated its “Buy” rating for KOP. Earlier on April 28, 2020, Monness Crespi & Hardt resumed its rating. Their recommendation was “a Buy” for KOP stock.
Analyzing KOP Stock Performance
During the last five days, there has been a drop of approximately -6.42%. Over the course of the year, Koppers Holdings Inc shares have dropped approximately -6.42%. Shares of the company reached a 52-week high of $32.97 on 01/02/25 and a 52-week low of $29.62 on 01/07/25. A 50-day SMA is recorded $35.06, while a 200-day SMA reached $39.93. Nevertheless, trading volume fell to 0.13 million shares from 0.25 million shares the previous day.
Support And Resistance Levels for Koppers Holdings Inc (KOP)
According to the 24-hour chart, there is a support level at 29.91, which, if violated, would cause prices to drop to 29.50. In the upper region, resistance lies at 30.71. The next price resistance is at 31.10. RSI (Relative Strength Index) is 28.85 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.57, which suggests the price will decrease in the coming days. Percent R is at 79.07%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
