Citigroup gives a Buy recommendation for Warrior Met Coal Inc (HCC)

Warrior Met Coal Inc’s filing revealed that its CHIEF OPERATING OFFICER Richardson Jack K. acquired Company’s shares for reported $84270.0 on May 22 ’25. In the deal valued at $46.43 per share,1,815 shares were bought. As a result of this transaction, Richardson Jack K. now holds 188,933 shares worth roughly $8.96 million.

Then, SCHELLER WALTER J sold 1,222 shares, generating $91,711 in total proceeds. Upon selling the shares at $75.05, the CHIEF EXECUTIVE OFFICER now owns 332,599 shares.

Before that, SCHELLER WALTER J sold 6,664 shares. Warrior Met Coal Inc shares valued at $499,933 were divested by the CHIEF EXECUTIVE OFFICER at a price of $75.02 per share. As a result of the transaction, SCHELLER WALTER J now holds 333,821 shares, worth roughly $15.84 million.

Citigroup upgraded its Warrior Met Coal Inc [HCC] rating to a Buy from a a Neutral in a research note published on April 11, 2024; the price target was increased to $75 from $60. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid January with a ‘”a Neutral”‘ rating. B. Riley Securities also remained covering HCC and has increased its forecast on September 23, 2022 with a “Buy” recommendation from previously “Neutral” rating. BMO Capital Markets revised its rating on August 04, 2022. It rated HCC as “a Market perform” which previously was an “an Outperform”.

Price Performance Review of HCC

On Friday, Warrior Met Coal Inc [NYSE:HCC] saw its stock jump 1.82% to $47.44. Over the last five days, the stock has gained 4.38%. Warrior Met Coal Inc shares have fallen nearly -12.54% since the year began. Nevertheless, the stocks have fallen -27.27% over the past one year. While a 52-week high of $75.53 was reached on 01/23/25, a 52-week low of $38.00 was recorded on 04/07/25. SMA at 50 days reached $46.85, while 200 days put it at $55.02.

Levels Of Support And Resistance For HCC Stock

The 24-hour chart illustrates a support level at 46.99, which if violated will result in even more drops to 46.53. On the upside, there is a resistance level at 48.06. A further resistance level may holdings at 48.67. The Relative Strength Index (RSI) on the 14-day chart is 52.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.07%. Stochastics %K at 68.50% indicates the stock is a holding.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.