The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Celanese Corp shares valued at $1,423,284 were purchased by Kelly Thomas Francis on May 09 ’25. At $51.06 per share, Kelly Thomas Francis acquired 27,872 shares.
Also, MOORTHY GANESH purchased 1,000 shares, netting a total of over 53,290 in proceeds. Following the buying of shares at $53.29 each, the insider now holds 3,000 shares.
Before that, Sutton Scott McDougald had added 7,450 shares to its account. In a trade valued at $407,119, the Director bought Celanese Corp shares for $54.65 each. Upon closing the transaction, the insider’s holdings increased to 7,450 shares, worth approximately $0.79 million.
As published in a research note from KeyBanc Capital Markets on March 21, 2025, Celanese Corp [CE] has been rated up from a Sector weight to an Overweight and the price target has been revised to $76. Analysts at Alembic Global Advisors upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in mid March. As of March 06, 2025, Vertical Research has increased its “Sell” rating to a “Hold” for CE. Earlier on February 20, 2025, RBC Capital Mkts downgraded its rating. Their new recommendation was “a Sector perform” for CE stock which previously was a “an Outperform”.
Analyzing CE Stock Performance
During the last five days, there has been a surge of approximately 8.36%. Over the course of the year, Celanese Corp shares have dropped approximately -24.14%. Shares of the company reached a 52-week high of $75.84 on 01/27/25 and a 52-week low of $36.29 on 04/09/25. A 50-day SMA is recorded $49.34, while a 200-day SMA reached $85.41.
Support And Resistance Levels for Celanese Corp (CE)
According to the 24-hour chart, there is a support level at 51.79, which, if violated, would cause prices to drop to 51.08. In the upper region, resistance lies at 53.47. The next price resistance is at 54.43. RSI (Relative Strength Index) is 60.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.40, which suggests the price will increase in the coming days. Percent R is at 35.10%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
