Mettler-Toledo International, Inc’s recently made public that its Head of Process Analytics Keller Gerry unloaded Company’s shares for reported $0.18 million on Dec 03 ’24. In the deal valued at $1254.09 per share,140 shares were sold. As a result of this transaction, Keller Gerry now holds 6 shares worth roughly $7772.58.
Then, FINNEY ELISHA W sold 76 shares, generating $99,693 in total proceeds. Upon selling the shares at $1311.75, the Director now owns 240 shares.
Before that, FINNEY ELISHA W bought 76 shares. Mettler-Toledo International, Inc shares valued at $99,693 were divested by the Officer at a price of $1311.75 per share.
Evercore ISI upgraded its Mettler-Toledo International, Inc [MTD] rating to an Outperform from a an In-line in a research note published on January 02, 2025; the price target was increased to $1450 from $1375. Citigroup also remained covering MTD and has increased its forecast on December 11, 2024 with a “Neutral” recommendation from previously “Sell” rating. Wells Fargo started covering the stock on August 28, 2024. It rated MTD as “an Equal weight”.
Price Performance Review of MTD
On Friday, Mettler-Toledo International, Inc [NYSE:MTD] saw its stock fall -0.16% to $1295.43. Over the last five days, the stock has gained 6.97%. Mettler-Toledo International, Inc shares have risen nearly 5.86% since the year began. Nevertheless, the stocks have risen 11.39% over the past one year. While a 52-week high of $1546.93 was reached on 01/17/25, a 52-week low of $1133.46 was recorded on 01/13/25. SMA at 50 days reached $1,252.42, while 200 days put it at $1,353.41.
Levels Of Support And Resistance For MTD Stock
The 24-hour chart illustrates a support level at 1,286.51, which if violated will result in even more drops to 1,277.59. On the upside, there is a resistance level at 1,311.15. A further resistance level may holdings at 1,326.87. The Relative Strength Index (RSI) on the 14-day chart is 60.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 39.97, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.61%. Stochastics %K at 79.37% indicates the stock is a holding.
How much short interest is there in Mettler-Toledo International, Inc?
A steep rise in short interest was recorded in Mettler-Toledo International, Inc stocks on 2024-12-31, growing by 2971.0 shares to a total of 0.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.32 million shares. There was a rise of 0.91%, which implies that there is a positive sentiment for the stock.
