Balchem Corp’s filing revealed that its Former Director Lee Joyce J. acquired Company’s shares for reported $0.81 million on Nov 06 ’24. In the deal valued at $180.87 per share,4,476 shares were bought.
Then, Lee Joyce J. bought 2,000 shares, generating $350,000 in total proceeds.
Before that, van Gunsteren Job Leonard sold 7,750 shares. Balchem Corp shares valued at $1,395,412 were divested by the SVP and GM, Specialty Products at a price of $180.05 per share. As a result of the transaction, van Gunsteren Job Leonard now holds 8,540 shares, worth roughly $1.37 million.
Sidoti upgraded its Balchem Corp [BCPC] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Sidoti’s analysts, who decreased its forecast for the stock in late November from “a Buy” to “a Neutral”. Stephens also remained covering BCPC and has decreased its forecast on August 02, 2021 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Stephens revised its rating on February 22, 2021. It rated BCPC as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of BCPC
On Friday, Balchem Corp [NASDAQ:BCPC] saw its stock fall -0.22% to $160.15. Over the last five days, the stock has gained 3.85%. Balchem Corp shares have fallen nearly -1.75% since the year began. Nevertheless, the stocks have risen 16.85% over the past one year. While a 52-week high of $186.03 was reached on 01/02/25, a 52-week low of $135.84 was recorded on 01/13/25. SMA at 50 days reached $171.56, while 200 days put it at $164.63.
Levels Of Support And Resistance For BCPC Stock
The 24-hour chart illustrates a support level at 159.03, which if violated will result in even more drops to 157.90. On the upside, there is a resistance level at 161.80. A further resistance level may holdings at 163.44. The Relative Strength Index (RSI) on the 14-day chart is 41.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.06, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 49.23%. Stochastics %K at 51.65% indicates the stock is a holding.
How much short interest is there in Balchem Corp?
A steep rise in short interest was recorded in Balchem Corp stocks on 2024-12-31, growing by 42145.0 shares to a total of 0.48 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.44 million shares. There was a rise of 8.8%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 04, 2020 when H.C. Wainwright resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $126.
