Radius Recycling Inc’s recently made public that its SVP & President, Recycling P&S Heiskell Steven unloaded Company’s shares for reported $0.18 million on Nov 07 ’24. In the deal valued at $19.52 per share,9,000 shares were sold. As a result of this transaction, Heiskell Steven now holds 121,017 shares worth roughly $1.33 million.
Then, Heiskell Steven bought 9,000 shares, generating $175,500 in total proceeds.
Before that, Vaughn James Matthew sold 1,379 shares. Radius Recycling Inc shares valued at $22,933 were divested by the SVP, GC, CCO, Corp. Secretary at a price of $16.63 per share. As a result of the transaction, Vaughn James Matthew now holds 15,028 shares, worth roughly $0.16 million.
Goldman initiated its Radius Recycling Inc [RDUS] rating to a Neutral in a research note published on December 02, 2024; the price target was $22. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who increased its forecast for the stock in late May from “a Sell” to “a Neutral”. Seaport Research Partners also remained covering RDUS and has decreased its forecast on February 28, 2024 with a “Sell” recommendation from previously “Neutral” rating. Seaport Research Partners started covering the stock on December 14, 2023. It rated RDUS as “a Neutral”.
Price Performance Review of RDUS
On Friday, Radius Recycling Inc [NASDAQ:RDUS] saw its stock fall -3.94% to $10.96. Over the last five days, the stock has lost -26.49%. Radius Recycling Inc shares have fallen nearly -27.99% since the year began. Nevertheless, the stocks have fallen -59.81% over the past one year. While a 52-week high of $28.02 was reached on 01/02/25, a 52-week low of $10.57 was recorded on 01/08/25. SMA at 50 days reached $17.50, while 200 days put it at $17.07.
Levels Of Support And Resistance For RDUS Stock
The 24-hour chart illustrates a support level at 10.60, which if violated will result in even more drops to 10.23. On the upside, there is a resistance level at 11.55. A further resistance level may holdings at 12.13. The Relative Strength Index (RSI) on the 14-day chart is 15.78, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.97%. Stochastics %K at 9.50% indicates the stock is a buying.
How much short interest is there in Radius Recycling Inc?
A steep rise in short interest was recorded in Radius Recycling Inc stocks on 2024-12-13, dropping by 16876.0 shares to a total of 0.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.5 million shares. There was a decline of -3.46%, which implies that there is a negative sentiment for the stock.
