In a filing, Sera Prognostics Inc revealed its Chief Scientific Officer Boniface John J. unloaded Company’s shares for reported $0.22 million on Mar 28 ’24. In the deal valued at $9.04 per share,24,474 shares were sold. As a result of this transaction, Boniface John J. now holds 139,771 shares worth roughly $1.39 million.
Then, Boniface John J. sold 52,662 shares, generating $506,608 in total proceeds. Upon selling the shares at $9.62, the Chief Scientific Officer now owns 139,771 shares.
Before that, Lindgardt Zhenya sold 38,899 shares. Sera Prognostics Inc shares valued at $364,484 were divested by the Chief Executive Officer at a price of $9.37 per share. As a result of the transaction, Lindgardt Zhenya now holds 908,104 shares, worth roughly $9.03 million.
Citigroup downgraded its Sera Prognostics Inc [SERA] rating to a Neutral from a a Buy in a research note published on March 30, 2022; the price target was decreased to $4 from $18. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid November with a ‘”an Outperform”‘ rating.
Price Performance Review of SERA
On Tuesday, Sera Prognostics Inc [NASDAQ:SERA] saw its stock jump 2.47% to $9.94. Over the last five days, the stock has gained 7.93%. Sera Prognostics Inc shares have risen nearly 66.22% since the year began. Nevertheless, the stocks have risen 169.38% over the past one year. While a 52-week high of $10.44 was reached on 03/11/24, a 52-week low of $1.52 was recorded on 01/10/24. SMA at 50 days reached $8.87, while 200 days put it at $4.52. A total of 0.51 million shares were traded, compared to the trading of 0.15 million shares in the previous session.
Levels Of Support And Resistance For SERA Stock
The 24-hour chart illustrates a support level at 9.58, which if violated will result in even more drops to 9.23. On the upside, there is a resistance level at 10.19. A further resistance level may holdings at 10.45. The Relative Strength Index (RSI) on the 14-day chart is 60.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.47%. Stochastics %K at 80.51% indicates the stock is a selling.
How much short interest is there in Sera Prognostics Inc?
A steep rise in short interest was recorded in Sera Prognostics Inc stocks on Mar 15, 2024, dropping by 1970.0 shares to a total of 0.12 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 0.12 million shares. There was a decline of -1.7%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 0.47% of the overall stock float, the days-to-cover ratio (short ratio) fell to 0.61.
