Columbus Mckinnon Corp’s recent filing unveils that its Director STEPHENS CHRISTOPHER J acquired Company’s shares for reported $0.1 million on Feb 13 ’25. In the deal valued at $20.27 per share,5,000 shares were bought. As a result of this transaction, STEPHENS CHRISTOPHER J now holds 11,014 shares worth roughly $ 0.23 million.
Then, COLELLA GERARD G bought 5,500 shares, generating $112,585 in total proceeds. Upon buying the shares at $20.47, the Director now owns 5,500 shares.
Before that, STEPHENS CHRISTOPHER J bought 1,000 shares. Columbus Mckinnon Corp shares valued at $37,340 were divested by the Director at a price of $37.34 per share. As a result of the transaction, STEPHENS CHRISTOPHER J now holds 6,014 shares, worth roughly $0.12 million.
DA Davidson downgraded its Columbus Mckinnon Corp [CMCO] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in early June with a ‘”an Overweight”‘ rating. JP Morgan also remained covering CMCO and has decreased its forecast on May 26, 2022 with a “Neutral” recommendation from previously “an Overweight” rating. Craig Hallum revised its rating on May 25, 2022. It rated CMCO as “a Hold” which previously was an “a Buy”.
Price Performance Review of CMCO
On Friday, Columbus Mckinnon Corp [NASDAQ:CMCO] saw its stock fall -0.10% to $20.48. Over the last five days, the stock has lost -40.20%. Columbus Mckinnon Corp shares have fallen nearly -45.01% since the year began. Nevertheless, the stocks have fallen -49.89% over the past one year. While a 52-week high of $45.84 was reached on 01/22/25, a 52-week low of $19.55 was recorded on 02/12/25. SMA at 50 days reached $35.72, while 200 days put it at $35.95.
Levels Of Support And Resistance For CMCO Stock
The 24-hour chart illustrates a support level at 19.92, which if violated will result in even more drops to 19.37. On the upside, there is a resistance level at 21.06. A further resistance level may holdings at 21.65. The Relative Strength Index (RSI) on the 14-day chart is 17.17, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.79%. Stochastics %K at 4.03% indicates the stock is a buying.
How much short interest is there in Columbus Mckinnon Corp?
A steep rise in short interest was recorded in Columbus Mckinnon Corp stocks on 2025-01-31, growing by 37876.0 shares to a total of 0.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 0.49 million shares. There was a rise of 7.2%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 07, 2021 when JP Morgan began covering the stock and recommended ‘”an Overweight”‘ rating along with a $64 price target.
