Mister Car Wash Inc’s filing revealed that its Chief Innovation Officer Matheny Joseph Duane unloaded Company’s shares for reported $0.6 million on Jan 28 ’25. In the deal valued at $8.05 per share,74,304 shares were sold. As a result of this transaction, Matheny Joseph Duane now holds 81,206 shares worth roughly $0.65 million.
Then, Rogers Veronica sold 6,250 shares, generating $48,625 in total proceeds. Upon selling the shares at $7.78, the Director now owns 18,401 shares.
Before that, Rogers Veronica bought 6,250 shares. Mister Car Wash Inc shares valued at $48,610 were divested by the Director at a price of $7.78 per share.
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 Friday, Mister Car Wash Inc [NASDAQ:MCW] saw its stock fall -3.02% to $8.02. Over the last five days, the stock has gained 3.22%. Mister Car Wash Inc shares have risen nearly 10.01% since the year began. Nevertheless, the stocks have fallen -3.61% over the past one year. While a 52-week high of $9.45 was reached on 01/30/25, a 52-week low of $5.84 was recorded on 01/10/25. SMA at 50 days reached $7.53, while 200 days put it at $7.08.
Levels Of Support And Resistance For MCW Stock
The 24-hour chart illustrates a support level at 7.89, which if violated will result in even more drops to 7.77. On the upside, there is a resistance level at 8.19. A further resistance level may holdings at 8.36. The Relative Strength Index (RSI) on the 14-day chart is 65.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.27%. Stochastics %K at 83.32% indicates the stock is a selling.
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 2025-01-15, growing by 0.92 million shares to a total of 10.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 9.28 million shares. There was a rise of 8.99%, which implies that there is a positive 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.
