Emcor Group, Inc’s recently made public that its Director Altmeyer John W unloaded Company’s shares for reported $0.81 million on Feb 28 ’25. In the deal valued at $404.95 per share,2,000 shares were sold. As a result of this transaction, Altmeyer John W now holds 35,615 shares worth roughly $13.27 million.
Then, Altmeyer John W bought 2,000 shares, generating $805,420 in total proceeds.
Before that, Walker-Lee Robin A sold 1,300 shares. Emcor Group, Inc shares valued at $482,027 were divested by the Director at a price of $370.79 per share. As a result of the transaction, Walker-Lee Robin A now holds 8,637 shares, worth roughly $3.22 million.
Northcoast initiated its Emcor Group, Inc [EME] rating to a Buy in a research note published on November 22, 2024; the price target was $600. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in late November with a ‘”a Sell”‘ rating. Stifel began covering EME with “Buy” recommendation on November 15, 2024. KeyBanc Capital Markets started covering the stock on January 10, 2024. It rated EME as “a Sector weight”.
Price Performance Review of EME
On Tuesday, Emcor Group, Inc [NYSE:EME] saw its stock jump 3.17% to $372.60. Over the last five days, the stock has lost -3.99%. Emcor Group, Inc shares have fallen nearly -17.91% since the year began. Nevertheless, the stocks have risen 14.35% over the past one year. While a 52-week high of $545.29 was reached on 01/22/25, a 52-week low of $313.48 was recorded on 03/10/25. SMA at 50 days reached $446.62, while 200 days put it at $424.26.
Levels Of Support And Resistance For EME Stock
The 24-hour chart illustrates a support level at 361.74, which if violated will result in even more drops to 350.87. On the upside, there is a resistance level at 381.73. A further resistance level may holdings at 390.85. The Relative Strength Index (RSI) on the 14-day chart is 35.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -23.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.81%. Stochastics %K at 14.72% indicates the stock is a buying.
