Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Radius Recycling Inc shares valued at $175,680 were sold by Heiskell Steven on Nov 07 ’24. At $19.52 per share, Heiskell Steven sold 9,000 shares. The insider’s holdings dropped to 121,017 shares worth approximately $3.52 million following the completion of this transaction.
Also, Heiskell Steven purchased 9,000 shares, netting a total of over 175,500 in proceeds.
Before that, Vaughn James Matthew had sold 1,379 shares from its account. In a trade valued at $22,933, the SVP, GC, CCO, Corp. Secretary traded Radius Recycling Inc shares for $16.63 each. Upon closing the transaction, the insider’s holdings decreased to 1,379 shares, worth approximately $0.44 million.
As published in their initiating research note from Goldman on December 02, 2024, Radius Recycling Inc [RDUS] has been a Neutral and the price target has been revised to $22. Analysts at Seaport Research Partners upgraded the stock from ‘”a Sell”‘ to ‘”a Neutral”‘ outlook in a report released in late May. As of February 28, 2024, Seaport Research Partners has decreased its “Neutral” rating to a “Sell” for RDUS. Earlier on December 14, 2023, Seaport Research Partners initiated its rating. Their recommendation was “a Neutral” for RDUS stock.
Analyzing RDUS Stock Performance
During the last five days, there has been a surge of approximately 0.31%. Over the course of the year, Radius Recycling Inc shares have jumped approximately 91.06%. Shares of the company reached a 52-week high of $29.18 on 03/27/25 and a 52-week low of $10.57 on 01/08/25. A 50-day SMA is recorded $16.10, while a 200-day SMA reached $16.46.
Support And Resistance Levels for Radius Recycling Inc (RDUS)
According to the 24-hour chart, there is a support level at 29.00, which, if violated, would cause prices to drop to 28.92. In the upper region, resistance lies at 29.17. The next price resistance is at 29.26. RSI (Relative Strength Index) is 87.74 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.58, which suggests the price will increase in the coming days. Percent R is at 0.60%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
