In a filing, Mister Car Wash Inc revealed its Director Rogers Veronica unloaded Company’s shares for reported $48625.0 on Dec 06 ’24. In the deal valued at $7.78 per share,6,250 shares were sold. As a result of this transaction, Rogers Veronica now holds 18,401 shares worth roughly $0.13 million.
Then, Rogers Veronica bought 6,250 shares, generating $48,610 in total proceeds.
Before that, Hartmann Markus sold 545 shares. Mister Car Wash Inc shares valued at $4,360 were divested by the General Counsel at a price of $8.00 per share. As a result of the transaction, Hartmann Markus now holds 6,292 shares, worth roughly $44106.92.
Stephens initiated its Mister Car Wash Inc [MCW] rating to an Equal-weight in a research note published on January 14, 2025; the price target was $8. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early May from “a Neutral” to “an Overweight”. Mizuho began covering MCW with “Buy” recommendation on March 19, 2024. JP Morgan started covering the stock on February 16, 2024. It rated MCW as “a Neutral”.
Price Performance Review of MCW
On Tuesday, Mister Car Wash Inc [NASDAQ:MCW] saw its stock fall -1.27% to $7.01. Over the last five days, the stock has lost -1.27%. Mister Car Wash Inc shares have fallen nearly -3.84% since the year began. Nevertheless, the stocks have fallen -17.14% over the past one year. While a 52-week high of $9.45 was reached on 01/02/25, a 52-week low of $5.84 was recorded on 01/10/25. SMA at 50 days reached $7.65, while 200 days put it at $7.05.
Levels Of Support And Resistance For MCW Stock
The 24-hour chart illustrates a support level at 6.95, which if violated will result in even more drops to 6.88. On the upside, there is a resistance level at 7.11. A further resistance level may holdings at 7.21. The Relative Strength Index (RSI) on the 14-day chart is 38.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.00%. Stochastics %K at 27.78% indicates the stock is a holding.
How much short interest is there in Mister Car Wash Inc?
A steep rise in short interest was recorded in Mister Car Wash Inc stocks on 2024-12-13, dropping by -1.0 million shares to a total of 9.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 10.19 million shares. There was a decline of -10.89%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 10, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $11 price target.
