Ceco Environmental Corp’s recent filing unveils that its Director WALLMAN RICHARD F acquired Company’s shares for reported $0.35 million on Feb 26 ’25. In the deal valued at $25.19 per share,14,000 shares were bought. As a result of this transaction, WALLMAN RICHARD F now holds 76,000 shares worth roughly $1.85 million.
Then, WALLMAN RICHARD F bought 1,000 shares, generating $25,150 in total proceeds. Upon buying the shares at $25.15, the Director now owns 207,117 shares.
Before that, WALLMAN RICHARD F bought 10,000 shares. Ceco Environmental Corp shares valued at $287,722 were divested by the Director at a price of $28.77 per share. As a result of the transaction, WALLMAN RICHARD F now holds 62,000 shares, worth roughly $1.51 million.
H.C. Wainwright downgraded its Ceco Environmental Corp [CECO] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in mid July has reiterated a ‘”a Buy”‘ rating for it. Northland Capital began covering CECO with “an Outperform” recommendation on January 17, 2024.
Price Performance Review of CECO
On Friday, Ceco Environmental Corp [NASDAQ:CECO] saw its stock jump 1.72% to $24.31. Over the last five days, the stock has gained 4.56%. Ceco Environmental Corp shares have fallen nearly -19.58% since the year began. Nevertheless, the stocks have risen 8.14% over the past one year. While a 52-week high of $35.16 was reached on 01/06/25, a 52-week low of $20.00 was recorded on 03/13/25. SMA at 50 days reached $26.54, while 200 days put it at $27.61.
Levels Of Support And Resistance For CECO Stock
The 24-hour chart illustrates a support level at 23.57, which if violated will result in even more drops to 22.84. On the upside, there is a resistance level at 24.74. A further resistance level may holdings at 25.18. The Relative Strength Index (RSI) on the 14-day chart is 47.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.80%. Stochastics %K at 67.83% indicates the stock is a holding.
How much short interest is there in Ceco Environmental Corp?
A steep rise in short interest was recorded in Ceco Environmental Corp stocks on 2025-02-28, growing by 0.41 million shares to a total of 2.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.83 million shares. There was a rise of 18.34%, which implies that there is a positive sentiment for the stock.
