Insiders are Gradually Selling Summit Materials, Inc. (NYSE:SUM)

According to the latest Filings, Summit Materials, Inc. (NYSE:SUM) have decreased their position in the stock by -78.22% over the past 6 months.  Insiders now own 0.10% of total outstanding shares.

TECHNICAL INDICATORS

Summit Materials, Inc. (NYSE:SUM) stands 3.09% away from its 50-day simple moving average and also 17.88% away from the 200-day average.  Recently, the equity stands -3.73% away from the 52-week high and 60.02% from the 52-week low.  The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 52.80.

RECOMMENDATIONS

The consensus analysts recommendation at this point stands at 1.60 for Summit Materials, Inc..  This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. Further, analysts have a 12 month target price of $32.64 on company shares.  This is according to the analysts polled by Thomson Reuters which have recently published research reports on the firm. 

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