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Mueller Water Products Inc (MWA) Becoming More Attractive for Investors

Mueller Water Products Inc’s recently made public that its Director Healy Brian C. acquired Company’s shares for reported $24890.0 on Jan 06 ’25. In the deal valued at $22.32 per share,1,115 shares were bought. As a result of this transaction, Healy Brian C. now holds 6,140 shares worth roughly $0.14 million.

Then, Smith Suzanne G sold 26,138 shares, generating $653,306 in total proceeds. Upon selling the shares at $24.99, the VP and CAO now owns 9,378 shares.

Before that, Smith Suzanne G bought 26,138 shares. Mueller Water Products Inc shares valued at $653,306 were divested by the Officer at a price of $24.99 per share.

TD Cowen downgraded its Mueller Water Products Inc [MWA] rating to a Hold from a a Buy in a research note published on August 09, 2024; the price target was increased to $20 from $19. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who increased its forecast for the stock in mid April from “a Perform” to “an Outperform”. Northcoast also remained covering MWA and has decreased its forecast on August 04, 2023 with a “Neutral” recommendation from previously “Buy” rating. TD Cowen revised its rating on May 05, 2023. It rated MWA as “an Outperform” which previously was an “a Market perform”.

Price Performance Review of MWA

On Tuesday, Mueller Water Products Inc [NYSE:MWA] saw its stock jump 2.79% to $23.58. Over the last five days, the stock has gained 6.07%. Mueller Water Products Inc shares have risen nearly 4.80% since the year began. Nevertheless, the stocks have risen 69.03% over the past one year. While a 52-week high of $26.28 was reached on 01/21/25, a 52-week low of $13.49 was recorded on 01/13/25. SMA at 50 days reached $23.93, while 200 days put it at $20.48.

Levels Of Support And Resistance For MWA Stock

The 24-hour chart illustrates a support level at 23.25, which if violated will result in even more drops to 22.92. On the upside, there is a resistance level at 23.81. A further resistance level may holdings at 24.05. The Relative Strength Index (RSI) on the 14-day chart is 58.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.75%. Stochastics %K at 90.64% indicates the stock is a selling.

How much short interest is there in Mueller Water Products Inc?

A steep rise in short interest was recorded in Mueller Water Products Inc stocks on 2024-12-31, growing by 71333.0 shares to a total of 2.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.67 million shares. There was a rise of 2.6%, which implies that there is a positive sentiment for the stock.

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