Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. uniQure N.V. shares valued at $177,190 were sold by Kapusta Matthew C on Feb 26 ’24. At $6.35 per share, Kapusta Matthew C sold 27,904 shares. The insider’s holdings dropped to 440,839 shares worth approximately $2.21 million following the completion of this transaction.
Also, KLEMT CHRISTIAN sold 15,906 shares, netting a total of over 101,480 in proceeds. Following the sale of shares at $6.38 each, the insider now holds 116,948 shares.
Before that, CALOZ PIERRE had sold 9,455 shares from its account. In a trade valued at $61,174, the Chief Operating Officer traded uniQure N.V. shares for $6.47 each. Upon closing the transaction, the insider’s holdings decreased to 9,455 shares, worth approximately $0.43 million.
As published in a research note from Goldman on February 29, 2024, uniQure N.V. [QURE] has been rated down from a Buy to a Neutral and the price target has been revised to $8. Analysts at Mizuho downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of March 17, 2022, UBS has increased its “Neutral” rating to a “Buy” for QURE. Earlier on June 15, 2021, BTIG Research initiated its rating. Their recommendation was “a Buy” for QURE stock.
Analyzing QURE Stock Performance
During the last five days, there has been a drop of approximately -5.64%. Over the course of the year, uniQure N.V. shares have dropped approximately -25.85%. Shares of the company reached a 52-week high of $7.12 on 01/02/24 and a 52-week low of $4.76 on 03/15/24. A 50-day SMA is recorded $5.49, while a 200-day SMA reached $7.16. Nevertheless, trading volume fell to 1.01 million shares from 0.56 million shares the previous day.
Support And Resistance Levels for uniQure N.V. (QURE)
According to the 24-hour chart, there is a support level at 4.96, which, if violated, would cause prices to drop to 4.90. In the upper region, resistance lies at 5.07. The next price resistance is at 5.12. RSI (Relative Strength Index) is 42.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.08, which suggests the price will decrease in the coming days. Percent R is at 86.79%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
Is uniQure N.V. subject to short interest?
Stocks of uniQure N.V. saw a sharp rise in short interest on Mar 15, 2024 jumping by 0.88 million shares to 5.15 million. Data from Yahoo Finance shows that the short interest on Feb 15, 2024 was 4.27 million shares. A jump of 17.09% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.64 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.64.
