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UBS analysts upgrades a Neutral rating for Calumet Inc (CLMT)

Calumet Inc’s recently made public that its Officer Mawer Stephen P acquired Company’s shares for reported $46671.0 on Mar 24 ’25. In the deal valued at $12.77 per share,3,655 shares were bought.

Then, Mawer Stephen P sold 3,655 shares, generating $46,199 in total proceeds. Upon selling the shares at $12.64, the Director now owns 196,898 shares.

Before that, Mawer Stephen P bought 3,655 shares. Calumet Inc shares valued at $45,800 were divested by the Officer at a price of $12.53 per share.

UBS upgraded its Calumet Inc [CLMT] rating to a Neutral from a a Sell in a research note published on March 17, 2025; the price target was decreased to $12 from $15. A number of analysts have revised their coverage, including TD Cowen’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Hold”. UBS also remained covering CLMT and has decreased its forecast on February 04, 2025 with a “Sell” recommendation from previously “Neutral” rating. TD Cowen maintained its rating on November 11, 2024. It rated CLMT as “a Buy”.

Price Performance Review of CLMT

On Monday, Calumet Inc [NASDAQ:CLMT] saw its stock fall -0.39% to $12.67. Over the last five days, the stock has lost -3.94%. Calumet Inc shares have fallen nearly -42.46% since the year began. Nevertheless, the stocks have fallen -12.07% over the past one year. While a 52-week high of $25.29 was reached on 01/06/25, a 52-week low of $9.97 was recorded on 03/11/25. SMA at 50 days reached $15.36, while 200 days put it at $17.62.

Levels Of Support And Resistance For CLMT Stock

The 24-hour chart illustrates a support level at 12.40, which if violated will result in even more drops to 12.14. On the upside, there is a resistance level at 12.96. A further resistance level may holdings at 13.26. The Relative Strength Index (RSI) on the 14-day chart is 41.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 24.71%. Stochastics %K at 76.70% indicates the stock is a holding.

How much short interest is there in Calumet Inc?

A steep rise in short interest was recorded in Calumet Inc stocks on 2025-02-28, growing by 2.14 million shares to a total of 9.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 7.52 million shares. There was a rise of 22.18%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on October 17, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $27.

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