KD Logo

Aldeyra Therapeutics Inc (ALDX) receives an Outperform rating from Oppenheimer

Aldeyra Therapeutics Inc’s recently made public that its 10% Owner PERCEPTIVE ADVISORS LLC acquired Company’s shares for reported $0.18 million on Apr 05 ’24. In the deal valued at $4.74 per share,37,712 shares were bought. As a result of this transaction, PERCEPTIVE ADVISORS LLC now holds 9,275,851 shares worth roughly $36.27 million.

Then, PERCEPTIVE ADVISORS LLC bought 140,281 shares, generating $655,112 in total proceeds. Upon buying the shares at $4.67, the 10% Owner now owns 9,238,139 shares.

Before that, PERCEPTIVE ADVISORS LLC bought 309,847 shares. Aldeyra Therapeutics Inc shares valued at $1,267,274 were divested by the 10% Owner at a price of $4.09 per share. As a result of the transaction, PERCEPTIVE ADVISORS LLC now holds 9,097,858 shares, worth roughly $35.57 million.

Oppenheimer upgraded its Aldeyra Therapeutics Inc [ALDX] rating to an Outperform from a a Perform in a research note published recently. H.C. Wainwright started covering the stock on February 08, 2021. It rated ALDX as “a Buy”.

Price Performance Review of ALDX

On Tuesday, Aldeyra Therapeutics Inc [NASDAQ:ALDX] saw its stock fall -0.51% to $3.91. Over the last five days, the stock has gained 1.03%. Aldeyra Therapeutics Inc shares have risen nearly 11.40% since the year began. Nevertheless, the stocks have fallen -60.98% over the past one year. While a 52-week high of $11.97 was reached on 04/05/24, a 52-week low of $1.42 was recorded on 03/15/24. SMA at 50 days reached $3.61, while 200 days put it at $4.50. A total of 0.45 million shares were traded, compared to the trading of 0.37 million shares in the previous session.

Levels Of Support And Resistance For ALDX Stock

The 24-hour chart illustrates a support level at 3.81, which if violated will result in even more drops to 3.70. On the upside, there is a resistance level at 4.10. A further resistance level may holdings at 4.28. The Relative Strength Index (RSI) on the 14-day chart is 52.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.83%. Stochastics %K at 23.72% indicates the stock is a holding.

The most recent change occurred on December 16, 2020 when Berenberg began covering the stock and recommended ‘”a Buy”‘ rating along with a $32 price target.

Most Popular

[the_ad id="945"]