Construction Partners Inc’s filing revealed that its Chief Accounting Officer Andrews Todd Keith unloaded Company’s shares for reported $0.5 million on Dec 20 ’24. In the deal valued at $91.84 per share,5,489 shares were sold. As a result of this transaction, Andrews Todd Keith now holds 17,394 shares worth roughly $1.52 million.
Then, Todd K. Andrews bought 5,489 shares, generating $504,088 in total proceeds.
Before that, Andrews Todd Keith sold 2,511 shares. Construction Partners Inc shares valued at $240,704 were divested by the Chief Accounting Officer at a price of $95.86 per share. As a result of the transaction, Andrews Todd Keith now holds 19,339 shares, worth roughly $1.68 million.
Sidoti downgraded its Construction Partners Inc [ROAD] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Neutral”. Sidoti started covering the stock on June 01, 2022. It rated ROAD as “a Buy”.
Price Performance Review of ROAD
On Friday, Construction Partners Inc [NASDAQ:ROAD] saw its stock fall -3.49% to $87.12. Over the last five days, the stock has lost -0.80%. Construction Partners Inc shares have fallen nearly -1.51% since the year began. Nevertheless, the stocks have risen 112.54% over the past one year. While a 52-week high of $103.69 was reached on 01/06/25, a 52-week low of $39.79 was recorded on 01/07/25. SMA at 50 days reached $92.40, while 200 days put it at $68.53.
Levels Of Support And Resistance For ROAD Stock
The 24-hour chart illustrates a support level at 85.68, which if violated will result in even more drops to 84.25. On the upside, there is a resistance level at 88.67. A further resistance level may holdings at 90.23. The Relative Strength Index (RSI) on the 14-day chart is 40.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.98%. Stochastics %K at 30.49% indicates the stock is a holding.
How much short interest is there in Construction Partners Inc?
A steep rise in short interest was recorded in Construction Partners Inc stocks on 2024-10-31, growing by 6875.0 shares to a total of 1.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.88 million shares. There was a rise of 0.36%, which implies that there is a positive sentiment for the stock.
