Keeping an Eye on iSpecimen Inc. (ISPC) After Insider Trading Activity

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In a filing, iSpecimen Inc. revealed its CEO, CFO and Treasurer Curley Tracy acquired Company’s shares for reported $5500.0 on May 31. In the deal valued at $1.25 per share,4,400 shares were bought. As a result of this transaction, Curley Tracy now holds 49,541 shares worth roughly $ 35174.11.

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Price Performance Review of ISPC

On Friday, iSpecimen Inc. [NASDAQ:ISPC] saw its stock fall -18.29% to $0.71. On the same session, the stock had its day’s lowest price of $0.70, but rose to a high of $0.87. Over the last five days, the stock has lost -30.97%. iSpecimen Inc. shares have fallen nearly -48.29% since the year began. Nevertheless, the stocks have fallen -67.53% over the past one year. While a 52-week high of $2.58 was reached on 04/21/23, a 52-week low of $0.83 was recorded on 09/01/23. SMA at 50 days reached $1.2950, while 200 days put it at $1.4345. A total of 90894.0 shares were traded, compared to the trading of 11200.0 shares in the previous session.

Levels Of Support And Resistance For ISPC Stock

The 24-hour chart illustrates a support level at 0.6507, which if violated will result in even more drops to 0.5903. On the upside, there is a resistance level at 0.8207. A further resistance level may holdings at 0.9303. The Relative Strength Index (RSI) on the 14-day chart is 20.09, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2430, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.31%. Stochastics %K at 6.06% indicates the stock is a buying.

How much short interest is there in iSpecimen Inc.?

A steep rise in short interest was recorded in iSpecimen Inc. stocks on Aug 14, 2023, growing by 14860.0 shares to a total of 26240.0 shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 11380.0 shares. There was a rise of 56.63%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 0.43% of the overall stock float, the days-to-cover ratio (short ratio) rose to 0.69.

iSpecimen Inc. [ISPC] – Who Are The Largest Shareholders?

In filings from The Vanguard Group, Inc., it is revealed that the company now owns 162,904 shares, or roughly 1.80% of the outstanding ISPC shares.. At present, Schonfeld Strategic Advisors LLC is holding 20,200 shares valued at $31108.0. Claro Advisors LLC owned 17,305 shares of the company at the time of its most recent 13F filing, worth $26650.0.

According to FactSet, iSpecimen Inc.’s share price will average $5.00 in the next year, based on opinions of analysts polled by the firm. This is up nearly 474.71 percent from its previous closing price of $0.87. Analysts expect iSpecimen Inc. stock to reach the higher price of $5.00, while the lowest price estimate is $5.00. However, 1 analyst have rated ISPC stock as a Buy in their predictions for 2023.

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