Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Yield10 Bioscience Inc shares valued at $7,430 were sold by SCHULER JACK W on Dec 19 ’23. At $0.21 per share, SCHULER JACK W sold 36,000 shares. The insider’s holdings dropped to 1,566,956 shares worth approximately $0.52 million following the completion of this transaction.
Also, SCHULER JACK W sold 35,000 shares, netting a total of over 8,320 in proceeds. Following the sale of shares at $0.24 each, the insider now holds 1,602,956 shares.
Before that, SCHULER JACK W had sold 37,931 shares from its account. In a trade valued at $11,448, the 10% Owner traded Yield10 Bioscience Inc shares for $0.30 each. Upon closing the transaction, the insider’s holdings decreased to 37,931 shares, worth approximately $0.29 million.
As published in a research note from Lake Street on February 08, 2024, Yield10 Bioscience Inc [YTEN] has been rated down from a Buy to a Hold. Analysts at H.C. Wainwright started covering the stock with ‘”a Buy”‘ outlook in a report released in early September. As of August 27, 2020, National Securities has increased its “Neutral” rating to a “Buy” for YTEN. Earlier on November 18, 2019, National Securities downgraded its rating. Their new recommendation was “a Neutral” for YTEN stock which previously was a “a Buy”.
Analyzing YTEN Stock Performance
During the last five days, there has been a surge of approximately 7.04%. Over the course of the year, Yield10 Bioscience Inc shares have jumped approximately 39.16%. Shares of the company reached a 52-week high of $0.7190 on 03/21/24 and a 52-week low of $0.1850 on 01/26/24. A 50-day SMA is recorded $0.2900, while a 200-day SMA reached $0.5617. Nevertheless, trading volume fell to 1.23 million shares from 1.73 million shares the previous day.
Support And Resistance Levels for Yield10 Bioscience Inc (YTEN)
According to the 24-hour chart, there is a support level at 0.2968, which, if violated, would cause prices to drop to 0.2605. In the upper region, resistance lies at 0.3635. The next price resistance is at 0.3939. RSI (Relative Strength Index) is 51.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0033, which suggests the price will decrease in the coming days. Percent R is at 77.34%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
Is Yield10 Bioscience Inc subject to short interest?
Stocks of Yield10 Bioscience Inc saw a sharp steep in short interest on Mar 15, 2024 dropping by -0.11 million shares to 0.24 million. Data from Yahoo Finance shows that the short interest on Feb 15, 2024 was 0.35 million shares. A decline of -44.46% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.98 of the overall float, the days-to-cover ratio (short ratio) decline to 0.98.
