TELA Bio Inc’s recently made public that its Chief Business Officer Firestone Gregory A. acquired Company’s shares for reported $14688.0 on Dec 05 ’23. In the deal valued at $5.65 per share,2,600 shares were bought. As a result of this transaction, Firestone Gregory A. now holds 35,511 shares worth roughly $0.18 million.
Then, KOBLISH ANTONY bought 11,000 shares, generating $49,976 in total proceeds. Upon buying the shares at $4.54, the Chief Executive Officer now owns 303,634 shares.
Before that, Cuca Roberto bought 10,000 shares. TELA Bio Inc shares valued at $44,938 were divested by the COO and CFO at a price of $4.49 per share. As a result of the transaction, Cuca Roberto now holds 62,371 shares, worth roughly $0.31 million.
Lake Street initiated its TELA Bio Inc [TELA] rating to a Buy in a research note published on May 31, 2022; the price target was $17. A number of analysts have revised their coverage, including Piper Jaffray’s analysts, who began to cover the stock in early December with a ‘”an Overweight”‘ rating. JMP Securities began covering TELA with “Mkt outperform” recommendation on December 03, 2019. Jefferies started covering the stock on December 03, 2019. It rated TELA as “a Buy”.
Price Performance Review of TELA
On Tuesday, TELA Bio Inc [NASDAQ:TELA] saw its stock jump 5.74% to $4.97. Over the last five days, the stock has lost -1.00%. TELA Bio Inc shares have fallen nearly -24.92% since the year began. Nevertheless, the stocks have fallen -53.98% over the past one year. While a 52-week high of $11.26 was reached on 01/26/24, a 52-week low of $4.23 was recorded on 04/16/24. SMA at 50 days reached $6.05, while 200 days put it at $7.11. A total of 1.14 million shares were traded, compared to the trading of 0.34 million shares in the previous session.
Levels Of Support And Resistance For TELA Stock
The 24-hour chart illustrates a support level at 4.70, which if violated will result in even more drops to 4.42. On the upside, there is a resistance level at 5.13. A further resistance level may holdings at 5.28. The Relative Strength Index (RSI) on the 14-day chart is 38.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.50%. Stochastics %K at 17.57% indicates the stock is a buying.
The most recent change occurred on December 03, 2019 when Canaccord Genuity began covering the stock and recommended ‘”a Buy”‘ rating.
