In a filing, Vulcan Materials Co revealed its Senior Vice President Clement David P unloaded Company’s shares for reported $0.25 million on Nov 25 ’24. In the deal valued at $285.95 per share,887 shares were sold. As a result of this transaction, Clement David P now holds 773 shares worth roughly $0.17 million.
Then, DAVID P CLEMENT bought 887 shares, generating $253,638 in total proceeds.
Before that, Perkins Jerry F Jr sold 1,657 shares. Vulcan Materials Co shares valued at $481,491 were divested by the Senior Vice President at a price of $290.58 per share. As a result of the transaction, Perkins Jerry F Jr now holds 8,883 shares, worth roughly $1.96 million.
A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early November with a ‘”a Buy”‘ rating. JP Morgan also remained covering VMC and has decreased its forecast on March 22, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Wolfe Research revised its rating on March 08, 2024. It rated VMC as “a Peer perform” which previously was an “an Outperform”.
Price Performance Review of VMC
On Friday, Vulcan Materials Co [NYSE:VMC] saw its stock fall -6.07% to $220.90. Over the last five days, the stock has lost -10.68%. Vulcan Materials Co shares have fallen nearly -14.12% since the year began. Nevertheless, the stocks have fallen -16.64% over the past one year. While a 52-week high of $298.31 was reached on 02/18/25, a 52-week low of $225.36 was recorded on 03/07/25. SMA at 50 days reached $261.39, while 200 days put it at $258.29.
Levels Of Support And Resistance For VMC Stock
The 24-hour chart illustrates a support level at 215.17, which if violated will result in even more drops to 209.45. On the upside, there is a resistance level at 230.16. A further resistance level may holdings at 239.42. The Relative Strength Index (RSI) on the 14-day chart is 22.84, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -15.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.44%. Stochastics %K at 13.44% indicates the stock is a buying.
