FMC Corp’s filing revealed that its Executive VP & Chief HRO Scanlan Jacqueline unloaded Company’s shares for reported $0.27 million on Nov 11 ’24. In the deal valued at $59.67 per share,4,529 shares were sold. As a result of this transaction, Scanlan Jacqueline now holds 28,649 shares worth roughly $1.53 million.
Then, Angeli Brian Paul sold 400 shares, generating $24,000 in total proceeds. Upon selling the shares at $60.00, the Ex. VP & Chief Marketing Off. now owns 5,879 shares.
Before that, Sandifer Andrew D bought 2,150 shares. FMC Corp shares valued at $127,323 were divested by the EVP and CFO at a price of $59.22 per share. As a result of the transaction, Sandifer Andrew D now holds 50,088 shares, worth roughly $2.68 million.
BofA Securities upgraded its FMC Corp [FMC] rating to a Neutral from a an Underperform in a research note published on January 14, 2025; the price target was decreased to $61 from $63. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late October with a ‘”a Neutral”‘ rating. Barclays began covering FMC with “an Equal weight” recommendation on June 26, 2024. Wolfe Research started covering the stock on March 01, 2024. It rated FMC as “a Peer perform”.
Price Performance Review of FMC
On Tuesday, FMC Corp [NYSE:FMC] saw its stock jump 2.82% to $53.51. Over the last five days, the stock has gained 7.73%. FMC Corp shares have risen nearly 10.08% since the year began. Nevertheless, the stocks have fallen -9.20% over the past one year. While a 52-week high of $68.72 was reached on 01/14/25, a 52-week low of $47.71 was recorded on 01/03/25. SMA at 50 days reached $55.24, while 200 days put it at $59.45.
Levels Of Support And Resistance For FMC Stock
The 24-hour chart illustrates a support level at 52.79, which if violated will result in even more drops to 52.08. On the upside, there is a resistance level at 53.93. A further resistance level may holdings at 54.36. The Relative Strength Index (RSI) on the 14-day chart is 55.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.84, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.19%. Stochastics %K at 82.52% indicates the stock is a selling.
How much short interest is there in FMC Corp?
A steep rise in short interest was recorded in FMC Corp stocks on 2024-12-31, growing by 0.56 million shares to a total of 6.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 5.77 million shares. There was a rise of 8.79%, which implies that there is a positive sentiment for the stock.
