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. Mueller Water Products Inc shares valued at $24,890 were purchased by Healy Brian C. on Jan 06 ’25. At $22.32 per share, Healy Brian C. acquired 1,115 shares. The insider’s holdings grew to 6,140 shares worth approximately $0.14 million following the completion of this transaction.
Also, Smith Suzanne G sold 26,138 shares, netting a total of over 653,306 in proceeds. Following the sale of shares at $24.99 each, the insider now holds 9,378 shares.
Before that, Smith Suzanne G had added 26,138 shares to its account. In a trade valued at $653,306, the Officer bought Mueller Water Products Inc shares for $24.99 each.
As published in a research note from TD Cowen on August 09, 2024, Mueller Water Products Inc [MWA] has been rated down from a Buy to a Hold and the price target has been revised to $20 from $19. Analysts at Oppenheimer upgraded the stock from ‘”a Perform”‘ to ‘”an Outperform”‘ outlook in a report released in mid April. As of August 04, 2023, Northcoast has decreased its “Buy” rating to a “Neutral” for MWA. Earlier on May 05, 2023, TD Cowen upgraded its rating. Their new recommendation was “an Outperform” for MWA stock which previously was a “a Market perform”.
Analyzing MWA Stock Performance
During the last five days, there has been a drop of approximately -1.78%. Over the course of the year, Mueller Water Products Inc shares have dropped approximately -1.78%. Shares of the company reached a 52-week high of $22.80 on 01/02/25 and a 52-week low of $21.58 on 01/08/25. A 50-day SMA is recorded $23.85, while a 200-day SMA reached $20.24. Nevertheless, trading volume fell to 1.7 million shares from 1.01 million shares the previous day.
Support And Resistance Levels for Mueller Water Products Inc (MWA)
According to the 24-hour chart, there is a support level at 21.74, which, if violated, would cause prices to drop to 21.39. In the upper region, resistance lies at 22.29. The next price resistance is at 22.49. RSI (Relative Strength Index) is 29.17 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.47, which suggests the price will decrease in the coming days. Percent R is at 79.69%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
