Axalta Coating Systems Ltd’s recent filing unveils that its President, Global Refinish Weaver Troy D. unloaded Company’s shares for reported $0.39 million on Feb 10 ’25. In the deal valued at $37.57 per share,10,457 shares were sold. As a result of this transaction, Weaver Troy D. now holds 74,905 shares worth roughly $ 2.79 million.
Then, Troy Weaver bought 10,457 shares, generating $392,845 in total proceeds.
Wolfe Research upgraded its Axalta Coating Systems Ltd [AXTA] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Neutral”. KeyBanc Capital Markets also remained covering AXTA and has decreased its forecast on December 17, 2024 with a “Sector weight” recommendation from previously “an Overweight” rating. Evercore ISI started covering the stock on November 13, 2024. It rated AXTA as “an Outperform”.
Price Performance Review of AXTA
On Tuesday, Axalta Coating Systems Ltd [NYSE:AXTA] saw its stock jump 0.16% to $37.23. Over the last five days, the stock has lost -0.88%. Axalta Coating Systems Ltd shares have risen nearly 8.80% since the year began. Nevertheless, the stocks have risen 19.75% over the past one year. While a 52-week high of $41.65 was reached on 02/05/25, a 52-week low of $30.41 was recorded on 01/10/25. SMA at 50 days reached $36.43, while 200 days put it at $36.11.
Levels Of Support And Resistance For AXTA Stock
The 24-hour chart illustrates a support level at 37.01, which if violated will result in even more drops to 36.78. On the upside, there is a resistance level at 37.48. A further resistance level may holdings at 37.72. The Relative Strength Index (RSI) on the 14-day chart is 53.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.67%. Stochastics %K at 71.36% indicates the stock is a holding.
The most recent change occurred on March 01, 2024 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating .
