Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Celanese Corp shares valued at $53,290 were purchased by MOORTHY GANESH on Mar 12 ’25. At $53.29 per share, MOORTHY GANESH acquired 1,000 shares. The insider’s holdings grew to 3,000 shares worth approximately $0.13 million following the completion of this transaction.
Also, Sutton Scott McDougald purchased 7,450 shares, netting a total of over 407,119 in proceeds. Following the buying of shares at $54.65 each, the insider now holds 15,000 shares.
Before that, Murray Mark Christopher had added 2,353 shares to its account. In a trade valued at $128,110, the SVP – Acetyls bought Celanese Corp shares for $54.45 each. Upon closing the transaction, the insider’s holdings increased to 2,353 shares, worth approximately $0.61 million.
As published in a research note from KeyBanc Capital Markets on March 21, 2025, Celanese Corp [CE] has been rated up from a Sector weight to an Overweight and the price target has been revised to $76. Analysts at Alembic Global Advisors upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in mid March. As of March 06, 2025, Vertical Research has increased its “Sell” rating to a “Hold” for CE. Earlier on February 20, 2025, RBC Capital Mkts downgraded its rating. Their new recommendation was “a Sector perform” for CE stock which previously was a “an Outperform”.
Analyzing CE Stock Performance
During the last five days, there has been a drop of approximately -22.41%. Over the course of the year, Celanese Corp shares have dropped approximately -36.57%. Shares of the company reached a 52-week high of $75.84 on 01/27/25 and a 52-week low of $36.29 on 04/09/25. A 50-day SMA is recorded $57.56, while a 200-day SMA reached $96.58.
Support And Resistance Levels for Celanese Corp (CE)
According to the 24-hour chart, there is a support level at 38.38, which, if violated, would cause prices to drop to 32.86. In the upper region, resistance lies at 47.33. The next price resistance is at 50.76. RSI (Relative Strength Index) is 35.74 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -11.47, which suggests the price will decrease in the coming days. Percent R is at 69.00%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
