Following these proceedings, BofA Securities upgraded its James Hardie Industries plc ADR [JHX] rating to a Buy from a an Underperform in a research note published on March 27, 2025; the price target was decreased to $27.35 from $27.40. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in late March from “an Equal-weight” to “an Overweight”. Macquarie also remained covering JHX and has decreased its forecast on March 24, 2025 with a “Neutral” recommendation from previously “an Outperform” rating. Truist started covering the stock on December 10, 2024. It rated JHX as “a Buy”.
Price Performance Review of JHX
On Tuesday, James Hardie Industries plc ADR [NYSE:JHX] saw its stock jump 3.21% to $22.50. Over the last five days, the stock has gained 0.67%. James Hardie Industries plc ADR shares have fallen nearly -26.97% since the year began. Nevertheless, the stocks have fallen -34.36% over the past one year. While a 52-week high of $43.57 was reached on 01/21/25, a 52-week low of $19.72 was recorded on 04/09/25. SMA at 50 days reached $27.94, while 200 days put it at $32.91.
Levels Of Support And Resistance For JHX Stock
The 24-hour chart illustrates a support level at 22.04, which if violated will result in even more drops to 21.58. On the upside, there is a resistance level at 22.83. A further resistance level may holdings at 23.17. The Relative Strength Index (RSI) on the 14-day chart is 41.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.85%. Stochastics %K at 60.80% indicates the stock is a holding.
How much short interest is there in James Hardie Industries plc ADR?
A steep rise in short interest was recorded in James Hardie Industries plc ADR stocks on 2025-03-31, growing by 8.98 million shares to a total of 9.02 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 37251.0 shares. There was a rise of 99.59%, which implies that there is a positive sentiment for the stock.
