The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Tscan Therapeutics Inc shares valued at $1,575 were purchased by BARBERICH TIMOTHY J on Dec 19 ’23. At $4.97 per share, BARBERICH TIMOTHY J acquired 317 shares. The insider’s holdings grew to 67,027 shares worth approximately $0.45 million following the completion of this transaction.
Also, BARBERICH TIMOTHY J purchased 28,830 shares, netting a total of over 140,881 in proceeds. Following the buying of shares at $4.89 each, the insider now holds 66,710 shares.
Before that, Klencke Barbara had added 5,000 shares to its account. In a trade valued at $25,400, the Director bought Tscan Therapeutics Inc shares for $5.08 each. Upon closing the transaction, the insider’s holdings increased to 5,000 shares, worth approximately $0.2 million.
As published in their initiating research note from Wedbush on June 22, 2023, Tscan Therapeutics Inc [TCRX] has been an Outperform and the price target has been revised to $8.
Analyzing TCRX Stock Performance
During the last five days, there has been a drop of approximately -6.64%. Over the course of the year, Tscan Therapeutics Inc shares have jumped approximately 15.78%. Shares of the company reached a 52-week high of $9.00 on 03/27/24 and a 52-week low of $4.64 on 01/25/24. A 50-day SMA is recorded $6.96, while a 200-day SMA reached $4.57. Nevertheless, trading volume fell to 1.64 million shares from 0.12 million shares the previous day.
Support And Resistance Levels for Tscan Therapeutics Inc (TCRX)
According to the 24-hour chart, there is a support level at 6.43, which, if violated, would cause prices to drop to 6.12. In the upper region, resistance lies at 7.21. The next price resistance is at 7.68. RSI (Relative Strength Index) is 42.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.21, which suggests the price will decrease in the coming days. Percent R is at 90.06%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
