Stepan Co’s recently made public that its Former Officer Behrens Scott R. acquired Company’s shares for reported $98090.0 on Nov 25 ’24. In the deal valued at $77.48 per share,1,266 shares were bought.
Then, Behrens Scott R. bought 1,250 shares, generating $95,371 in total proceeds.
Before that, Behrens Scott R. bought 250 shares. Stepan Co shares valued at $19,419 were divested by the Former Officer and Director at a price of $77.68 per share.
CL King upgraded its Stepan Co [SCL] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Seaport Global Securities’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Neutral”. Seaport Global Securities also remained covering SCL and has increased its forecast on April 02, 2020 with a “Buy” recommendation from previously “Neutral” rating. CL King started covering the stock on March 18, 2020. It rated SCL as “a Neutral”.
Price Performance Review of SCL
On Friday, Stepan Co [NYSE:SCL] saw its stock jump 0.47% to $63.87. Over the last five days, the stock has gained 5.99%. Stepan Co shares have fallen nearly -1.28% since the year began. Nevertheless, the stocks have fallen -27.81% over the past one year. While a 52-week high of $95.33 was reached on 01/02/25, a 52-week low of $59.70 was recorded on 01/10/25. SMA at 50 days reached $71.36, while 200 days put it at $78.55.
Levels Of Support And Resistance For SCL Stock
The 24-hour chart illustrates a support level at 63.22, which if violated will result in even more drops to 62.57. On the upside, there is a resistance level at 64.39. A further resistance level may holdings at 64.91. The Relative Strength Index (RSI) on the 14-day chart is 37.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.19%. Stochastics %K at 50.72% indicates the stock is a holding.
How much short interest is there in Stepan Co?
A steep rise in short interest was recorded in Stepan Co stocks on 2024-12-31, growing by 79956.0 shares to a total of 0.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.35 million shares. There was a rise of 18.64%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 11, 2018 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $94 price target.
