Columbus Mckinnon Corp’s filing revealed that its President & CEO Wilson David J. acquired Company’s shares for reported $0.22 million on Feb 14 ’25. In the deal valued at $20.50 per share,10,857 shares were bought. As a result of this transaction, Wilson David J. now holds 141,358 shares worth roughly $2.67 million.
Then, STEPHENS CHRISTOPHER J bought 5,000 shares, generating $101,350 in total proceeds. Upon buying the shares at $20.27, the Director now owns 11,014 shares.
Before that, COLELLA GERARD G bought 5,500 shares. Columbus Mckinnon Corp shares valued at $112,585 were divested by the Director at a price of $20.47 per share. As a result of the transaction, COLELLA GERARD G now holds 5,500 shares, worth roughly $0.1 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 DA Davidson’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Neutral”. JP Morgan began covering CMCO with “an Overweight” recommendation on June 04, 2024. JP Morgan revised its rating on May 26, 2022. It rated CMCO as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of CMCO
On Friday, Columbus Mckinnon Corp [NASDAQ:CMCO] saw its stock fall -5.88% to $18.90. Over the last five days, the stock has lost -7.80%. Columbus Mckinnon Corp shares have fallen nearly -49.25% since the year began. Nevertheless, the stocks have fallen -54.08% 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 02/21/25. SMA at 50 days reached $34.17, while 200 days put it at $35.52.
Levels Of Support And Resistance For CMCO Stock
The 24-hour chart illustrates a support level at 18.38, which if violated will result in even more drops to 17.85. On the upside, there is a resistance level at 19.91. A further resistance level may holdings at 20.91. The Relative Strength Index (RSI) on the 14-day chart is 16.38, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.76%. Stochastics %K at 3.27% indicates the stock is a buying.
