Carpenter Technology Corp’s recently made public that its Director ACOFF VIOLA L unloaded Company’s shares for reported $0.81 million on Mar 04 ’25. In the deal valued at $201.83 per share,4,000 shares were sold. As a result of this transaction, ACOFF VIOLA L now holds 0 shares worth roughly $0.0.
Then, VIOLA L. ACOFF bought 4,000 shares, generating $807,326 in total proceeds.
Before that, LAIN TIMOTHY sold 3,250 shares. Carpenter Technology Corp shares valued at $595,091 were divested by the SVP and CFO at a price of $183.10 per share. As a result of the transaction, LAIN TIMOTHY now holds 95,038 shares, worth roughly $14.56 million.
JP Morgan initiated its Carpenter Technology Corp [CRS] rating to an Overweight in a research note published on November 22, 2024; the price target was $220. A number of analysts have revised their coverage, including BTIG Research’s analysts, who remained covering the stock and in late July has reiterated a ‘”a Buy”‘ rating for it. BTIG Research began covering CRS with “Buy” recommendation on June 26, 2024. Deutsche Bank started covering the stock on June 25, 2024. It rated CRS as “a Buy”.
Price Performance Review of CRS
On Monday, Carpenter Technology Corp [NYSE:CRS] saw its stock jump 1.01% to $153.19. Over the last five days, the stock has lost -15.45%. Carpenter Technology Corp shares have fallen nearly -9.73% since the year began. Nevertheless, the stocks have risen 98.95% over the past one year. While a 52-week high of $213.66 was reached on 03/03/25, a 52-week low of $74.21 was recorded on 04/07/25. SMA at 50 days reached $189.63, while 200 days put it at $163.87.
Levels Of Support And Resistance For CRS Stock
The 24-hour chart illustrates a support level at 140.92, which if violated will result in even more drops to 128.66. On the upside, there is a resistance level at 163.14. A further resistance level may holdings at 173.10. The Relative Strength Index (RSI) on the 14-day chart is 31.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -23.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.65%. Stochastics %K at 11.00% indicates the stock is a buying.
How much short interest is there in Carpenter Technology Corp?
A steep rise in short interest was recorded in Carpenter Technology Corp stocks on 2025-03-14, growing by 0.8 million shares to a total of 3.63 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.84 million shares. There was a rise of 21.92%, which implies that there is a positive sentiment for the stock.
