Commercial Metals Co’s recently made public that its Director McPherson John R acquired Company’s shares for reported $0.1 million on Apr 04 ’25. In the deal valued at $40.42 per share,2,475 shares were bought. As a result of this transaction, McPherson John R now holds 15,141 shares worth roughly $0.63 million.
Then, MATT PETER R bought 6,100 shares, generating $294,630 in total proceeds. Upon buying the shares at $48.30, the President and CEO now owns 129,417 shares.
Before that, Smith Barbara bought 55,975 shares. Commercial Metals Co shares valued at $3,046,668 were divested by the Former Officer at a price of $54.43 per share.
UBS upgraded its Commercial Metals Co [CMC] rating to a Neutral from a a Sell in a research note published on January 10, 2025; the price target was decreased to $54 from $56. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Neutral”. UBS revised its rating on December 12, 2024. It rated CMC as “a Sell” which previously was an “a Buy”.
Price Performance Review of CMC
On Friday, Commercial Metals Co [NYSE:CMC] saw its stock jump 0.10% to $41.89. Over the last five days, the stock has gained 2.30%. Commercial Metals Co shares have fallen nearly -15.54% since the year began. Nevertheless, the stocks have fallen -26.79% over the past one year. While a 52-week high of $64.53 was reached on 02/18/25, a 52-week low of $37.92 was recorded on 04/04/25. SMA at 50 days reached $47.18, while 200 days put it at $52.67.
Levels Of Support And Resistance For CMC Stock
The 24-hour chart illustrates a support level at 40.53, which if violated will result in even more drops to 39.17. On the upside, there is a resistance level at 42.72. A further resistance level may holdings at 43.55. The Relative Strength Index (RSI) on the 14-day chart is 40.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.41%. Stochastics %K at 38.86% indicates the stock is a holding.
How much short interest is there in Commercial Metals Co?
A steep rise in short interest was recorded in Commercial Metals Co stocks on 2025-03-31, growing by 0.56 million shares to a total of 4.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.74 million shares. There was a rise of 13.1%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 02, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $75 price target.
