Hexcel Corp’s recently made public that its insider Merlot Thierry unloaded Company’s shares for reported $0.61 million on Aug 30 ’24. In the deal valued at $63.19 per share,9,611 shares were sold. As a result of this transaction, Merlot Thierry now holds 46,371 shares worth roughly $2.34 million.
Then, Lehman Gail E sold 4,800 shares, generating $303,744 in total proceeds. Upon selling the shares at $63.28, the insider now owns 12,547 shares.
Before that, Lehman Gail E bought 4,800 shares. Hexcel Corp shares valued at $303,744 were divested by the Officer at a price of $63.28 per share.
Wells Fargo downgraded its Hexcel Corp [HXL] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in mid December from “a Sector perform” to “an Outperform”. Vertical Research also remained covering HXL and has decreased its forecast on October 10, 2024 with a “Hold” recommendation from previously “Buy” rating. RBC Capital Mkts revised its rating on August 14, 2024. It rated HXL as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of HXL
On Monday, Hexcel Corp [NYSE:HXL] saw its stock fall -3.07% to $50.50. Over the last five days, the stock has lost -2.66%. Hexcel Corp shares have fallen nearly -19.46% since the year began. Nevertheless, the stocks have fallen -18.42% over the past one year. While a 52-week high of $73.58 was reached on 01/23/25, a 52-week low of $45.28 was recorded on 04/07/25. SMA at 50 days reached $57.83, while 200 days put it at $61.61.
Levels Of Support And Resistance For HXL Stock
The 24-hour chart illustrates a support level at 49.38, which if violated will result in even more drops to 48.27. On the upside, there is a resistance level at 51.64. A further resistance level may holdings at 52.78. The Relative Strength Index (RSI) on the 14-day chart is 39.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.09%. Stochastics %K at 57.70% indicates the stock is a holding.
How much short interest is there in Hexcel Corp?
A steep rise in short interest was recorded in Hexcel Corp stocks on 2025-03-31, dropping by 13081.0 shares to a total of 3.36 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.37 million shares. There was a decline of -0.39%, which implies that there is a negative sentiment for the stock.
