Seres Therapeutics Inc’s recently made public that its CEO and President Shaff Eric D. unloaded Company’s shares for reported $12473.0 on Feb 16 ’24. In the deal valued at $1.08 per share,11,549 shares were sold. As a result of this transaction, Shaff Eric D. now holds 135,321 shares worth roughly $86605.44.
Then, Ege David S. sold 5,010 shares, generating $5,411 in total proceeds. Upon selling the shares at $1.08, the insider now owns 73,856 shares.
Before that, von Moltke Lisa sold 4,400 shares. Seres Therapeutics Inc shares valued at $4,752 were divested by the insider at a price of $1.08 per share. As a result of the transaction, von Moltke Lisa now holds 16,988 shares, worth roughly $10872.32.
A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in late April with a ‘”a Neutral”‘ rating. Goldman also remained covering MCRB and has decreased its forecast on July 23, 2021 with a “Sell” recommendation from previously “Neutral” rating.
Price Performance Review of MCRB
On Tuesday, Seres Therapeutics Inc [NASDAQ:MCRB] saw its stock jump 2.95% to $0.64. Over the last five days, the stock has lost -10.33%. Seres Therapeutics Inc shares have fallen nearly -54.56% since the year began. Nevertheless, the stocks have fallen -89.15% over the past one year. While a 52-week high of $6.87 was reached on 01/09/24, a 52-week low of $0.61 was recorded on 04/16/24. SMA at 50 days reached $0.9098, while 200 days put it at $2.0106. A total of 4.16 million shares were traded, compared to the trading of 3.85 million shares in the previous session.
Levels Of Support And Resistance For MCRB Stock
The 24-hour chart illustrates a support level at 0.6088, which if violated will result in even more drops to 0.5816. On the upside, there is a resistance level at 0.6616. A further resistance level may holdings at 0.6872. The Relative Strength Index (RSI) on the 14-day chart is 30.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0816, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.94%. Stochastics %K at 10.28% indicates the stock is a buying.