Custom Truck One Source Inc’s filing revealed that its 10% Owner PE One Source Holdings, LLC acquired Company’s shares for reported $32.57 million on Jan 30 ’25. In the deal valued at $4.00 per share,8,143,635 shares were bought. As a result of this transaction, PE One Source Holdings, LLC now holds 156,743,635 shares worth roughly $ 786.85 million.
Then, PLATINUM EQUITY, LLC bought 8,143,635 shares, generating $32,574,540 in total proceeds. Upon buying the shares at $4.00, the 10% Owner now owns 156,743,635 shares.
Before that, ECP ControlCo, LLC sold 2,354,109 shares. Custom Truck One Source Inc shares valued at $8,051,053 were divested by the 10% Owner at a price of $3.42 per share. As a result of the transaction, ECP ControlCo, LLC now holds 23,384,879 shares, worth roughly $117.39 million.
DA Davidson initiated its Custom Truck One Source Inc [CTOS] rating to a Buy in a research note published on February 16, 2023; the price target was $12. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in mid December with a ‘”a Neutral”‘ rating. Deutsche Bank began covering CTOS with “Buy” recommendation on March 30, 2022. Robert W. Baird started covering the stock on January 14, 2022. It rated CTOS as “an Outperform”.
Price Performance Review of CTOS
On Friday, Custom Truck One Source Inc [NYSE:CTOS] saw its stock fall -2.71% to $5.02. Over the last five days, the stock has lost -0.79%. Custom Truck One Source Inc shares have risen nearly 4.37% since the year began. Nevertheless, the stocks have fallen -23.82% over the past one year. While a 52-week high of $7.00 was reached on 01/24/25, a 52-week low of $3.03 was recorded on 01/10/25. SMA at 50 days reached $5.05, while 200 days put it at $4.49.
Levels Of Support And Resistance For CTOS Stock
The 24-hour chart illustrates a support level at 4.95, which if violated will result in even more drops to 4.89. On the upside, there is a resistance level at 5.15. A further resistance level may holdings at 5.28. The Relative Strength Index (RSI) on the 14-day chart is 48.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.38%. Stochastics %K at 57.20% indicates the stock is a holding.
How much short interest is there in Custom Truck One Source Inc?
A steep rise in short interest was recorded in Custom Truck One Source Inc stocks on 2025-01-31, growing by 33262.0 shares to a total of 4.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 4.16 million shares. There was a rise of 0.79%, which implies that there is a positive sentiment for the stock.
