BeiGene Ltd ADR’s filing revealed that its Chief Executive Officer OYLER JOHN unloaded Company’s shares for reported $1.77 million on Apr 11 ’24. In the deal valued at $146.73 per share,12,084 shares were sold. As a result of this transaction, OYLER JOHN now holds 0 shares worth roughly $0.0.
Then, OYLER JOHN sold 26,716 shares, generating $3,977,861 in total proceeds. Upon selling the shares at $148.89, the Chief Executive Officer now owns 12,084 shares.
Before that, OYLER JOHN sold 11,200 shares. BeiGene Ltd ADR shares valued at $1,724,078 were divested by the Chief Executive Officer at a price of $153.94 per share. As a result of the transaction, OYLER JOHN now holds 38,800 shares, worth roughly $5.39 million.
A number of analysts have revised their coverage, including Macquarie’s analysts, who began to cover the stock in mid September with a ‘”an Outperform”‘ rating. Jefferies began covering BGNE with “Buy” recommendation on August 17, 2023. Citigroup started covering the stock on July 17, 2023. It rated BGNE as “a Buy”.
Price Performance Review of BGNE
On Tuesday, BeiGene Ltd ADR [NASDAQ:BGNE] saw its stock jump 6.15% to $138.99. Over the last five days, the stock has gained 3.69%. BeiGene Ltd ADR shares have fallen nearly -22.94% since the year began. Nevertheless, the stocks have fallen -46.22% over the past one year. While a 52-week high of $266.67 was reached on 03/13/24, a 52-week low of $126.97 was recorded on 04/19/24. SMA at 50 days reached $154.39, while 200 days put it at $176.87. A total of 0.2 million shares were traded, compared to the trading of 0.15 million shares in the previous session.
Levels Of Support And Resistance For BGNE Stock
The 24-hour chart illustrates a support level at 135.04, which if violated will result in even more drops to 131.09. On the upside, there is a resistance level at 142.58. A further resistance level may holdings at 146.17. The Relative Strength Index (RSI) on the 14-day chart is 41.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.67%. Stochastics %K at 21.57% indicates the stock is a holding.
