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Analyzing Seres Therapeutics Inc (MCRB) After Recent Trading Activity

Seres Therapeutics Inc’s recent filing unveils 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 $0.1 million.

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 $12910.880000000001.

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 21.68% to $0.76. Over the last five days, the stock has gained 19.48%. Seres Therapeutics Inc shares have fallen nearly -45.71% since the year began. Nevertheless, the stocks have fallen -88.20% over the past one year. While a 52-week high of $6.73 was reached on 01/09/24, a 52-week low of $0.54 was recorded on 04/19/24. SMA at 50 days reached $0.8656, while 200 days put it at $1.9072. A total of 11.84 million shares were traded, compared to the trading of 4.22 million shares in the previous session.

Levels Of Support And Resistance For MCRB Stock

The 24-hour chart illustrates a support level at 0.6582, which if violated will result in even more drops to 0.5565. On the upside, there is a resistance level at 0.8323. A further resistance level may holdings at 0.9047. The Relative Strength Index (RSI) on the 14-day chart is 52.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0230, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.32%. Stochastics %K at 41.80% indicates the stock is a holding.

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