Celanese Corp’s recently made public that its Former Officer Kelly Thomas Francis acquired Company’s shares for reported $1.42 million on May 09 ’25. In the deal valued at $51.06 per share,27,872 shares were bought.
Then, MOORTHY GANESH bought 1,000 shares, generating $53,290 in total proceeds. Upon buying the shares at $53.29, the Director now owns 3,000 shares.
Before that, Sutton Scott McDougald bought 7,450 shares. Celanese Corp shares valued at $407,119 were divested by the Director at a price of $54.65 per share. As a result of the transaction, Sutton Scott McDougald now holds 15,000 shares, worth roughly $0.77 million.
KeyBanc Capital Markets upgraded its Celanese Corp [CE] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Alembic Global Advisors’s analysts, who increased its forecast for the stock in mid March from “a Neutral” to “an Overweight”. Vertical Research also remained covering CE and has increased its forecast on March 06, 2025 with a “Hold” recommendation from previously “Sell” rating. RBC Capital Mkts revised its rating on February 20, 2025. It rated CE as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of CE
On Friday, Celanese Corp [NYSE:CE] saw its stock fall -0.97% to $51.21. Over the last five days, the stock has gained 11.45%. Celanese Corp shares have fallen nearly -26.01% since the year began. Nevertheless, the stocks have fallen -68.53% over the past one year. While a 52-week high of $169.49 was reached on 01/27/25, a 52-week low of $36.29 was recorded on 04/09/25. SMA at 50 days reached $49.05, while 200 days put it at $86.67.
Levels Of Support And Resistance For CE Stock
The 24-hour chart illustrates a support level at 50.22, which if violated will result in even more drops to 49.22. On the upside, there is a resistance level at 52.70. A further resistance level may holdings at 54.18. The Relative Strength Index (RSI) on the 14-day chart is 60.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.76, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.93%. Stochastics %K at 90.02% indicates the stock is a selling.
