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The Attractiveness of Investing In Compass Pathways Plc ADR (CMPS) is Growing

Compass Pathways Plc ADR’s recent filing unveils that its 10% Owner Goldsmith George Jay unloaded Company’s shares for reported $95307.0 on Apr 17 ’24. In the deal valued at $8.78 per share,10,850 shares were sold. As a result of this transaction, Goldsmith George Jay now holds 3,973,400 shares worth roughly $32.78 million.

Then, Goldsmith George Jay sold 10,850 shares, generating $95,307 in total proceeds. Upon selling the shares at $8.78, the 10% Owner now owns 3,975,673 shares.

Before that, Malievskaia Ekaterina sold 10,850 shares. Compass Pathways Plc ADR shares valued at $95,307 were divested by the 10% Owner at a price of $8.78 per share. As a result of the transaction, Malievskaia Ekaterina now holds 3,975,673 shares, worth roughly $32.8 million.

Morgan Stanley initiated its Compass Pathways Plc ADR [CMPS] rating to an Overweight in a research note published on April 01, 2024; the price target was $30. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. Loop Capital started covering the stock on November 01, 2022. It rated CMPS as “a Buy”.

Price Performance Review of CMPS

On Tuesday, Compass Pathways Plc ADR [NASDAQ:CMPS] saw its stock fall -1.32% to $8.25. Over the last five days, the stock has lost -6.04%. Compass Pathways Plc ADR shares have fallen nearly -5.71% since the year began. Nevertheless, the stocks have fallen -7.92% over the past one year. While a 52-week high of $12.75 was reached on 02/28/24, a 52-week low of $5.01 was recorded on 01/19/24. SMA at 50 days reached $9.89, while 200 days put it at $8.48. A total of 0.36 million shares were traded, compared to the trading of 0.36 million shares in the previous session.

Levels Of Support And Resistance For CMPS Stock

The 24-hour chart illustrates a support level at 8.09, which if violated will result in even more drops to 7.93. On the upside, there is a resistance level at 8.53. A further resistance level may holdings at 8.81. The Relative Strength Index (RSI) on the 14-day chart is 37.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.26%. Stochastics %K at 7.48% indicates the stock is a buying.

The most recent change occurred on October 29, 2021 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $50 price target.

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