Neogenomics Inc.’s filing revealed that its Director TETRAULT LYNN A. unloaded Company’s shares for reported $97579.0 on Mar 04 ’24. In the deal valued at $15.97 per share,6,112 shares were sold. As a result of this transaction, TETRAULT LYNN A. now holds 50,062 shares worth roughly $0.67 million.
Then, Olivo Alicia C sold 2,587 shares, generating $38,713 in total proceeds. Upon selling the shares at $14.96, the General Counsel now owns 34,866 shares.
Before that, Olivo Alicia C sold 2,669 shares. Neogenomics Inc. shares valued at $49,083 were divested by the General Counsel at a price of $18.39 per share. As a result of the transaction, Olivo Alicia C now holds 37,140 shares, worth roughly $0.5 million.
BTIG Research reiterated its Neogenomics Inc. [NEO] rating to a Buy in a research note published on December 29, 2023; the price target was $21. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in late August from “an Equal-weight” to “an Overweight”. Raymond James also remained covering NEO and has decreased its forecast on May 16, 2023 with a “Mkt perform” recommendation from previously “an Outperform” rating. BTIG Research revised its rating on May 09, 2023. It rated NEO as “a Buy” which previously was an “a Neutral”.
Price Performance Review of NEO
On Monday, Neogenomics Inc. [NASDAQ:NEO] saw its stock fall -0.81% to $13.42. Over the last five days, the stock has lost -2.40%. Neogenomics Inc. shares have fallen nearly -17.06% since the year began. Nevertheless, the stocks have fallen -15.49% over the past one year. While a 52-week high of $21.22 was reached on 02/23/24, a 52-week low of $11.03 was recorded on 04/22/24. SMA at 50 days reached $15.07, while 200 days put it at $15.46. A total of 0.8 million shares were traded, compared to the trading of 0.77 million shares in the previous session.
Levels Of Support And Resistance For NEO Stock
The 24-hour chart illustrates a support level at 13.28, which if violated will result in even more drops to 13.14. On the upside, there is a resistance level at 13.62. A further resistance level may holdings at 13.82. The Relative Strength Index (RSI) on the 14-day chart is 33.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.41%. Stochastics %K at 7.52% indicates the stock is a buying.
