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Regenxbio Inc’s latest rating changes from various analysts

Regenxbio Inc’s filing revealed that its President and CEO Mills Kenneth T. unloaded Company’s shares for reported $0.27 million on Apr 15 ’24. In the deal valued at $18.19 per share,15,000 shares were sold. As a result of this transaction, Mills Kenneth T. now holds 408,035 shares worth roughly $6.26 million.

Then, Mills Kenneth T. sold 15,000 shares, generating $327,942 in total proceeds. Upon selling the shares at $21.86, the President and CEO now owns 408,035 shares.

Before that, PAKOLA STEVE sold 12,878 shares. Regenxbio Inc shares valued at $365,220 were divested by the Chief Medical Officer at a price of $28.36 per share. As a result of the transaction, PAKOLA STEVE now holds 107,192 shares, worth roughly $1.65 million.

H.C. Wainwright initiated its Regenxbio Inc [RGNX] rating to a Buy in a research note published on March 11, 2024; the price target was $36. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in early March from “a Sector perform” to “an Outperform”. Leerink Partners also remained covering RGNX and has increased its forecast on March 06, 2024 with a “an Outperform” recommendation from previously “Market perform” rating.

Price Performance Review of RGNX

On Tuesday, Regenxbio Inc [NASDAQ:RGNX] saw its stock fall -4.36% to $15.35. Over the last five days, the stock has lost -3.46%. Regenxbio Inc shares have fallen nearly -14.48% since the year began. Nevertheless, the stocks have fallen -20.71% over the past one year. While a 52-week high of $28.80 was reached on 03/05/24, a 52-week low of $11.83 was recorded on 02/02/24. SMA at 50 days reached $19.70, while 200 days put it at $17.76. A total of 0.36 million shares were traded, compared to the trading of 0.29 million shares in the previous session.

Levels Of Support And Resistance For RGNX Stock

The 24-hour chart illustrates a support level at 15.12, which if violated will result in even more drops to 14.88. On the upside, there is a resistance level at 15.80. A further resistance level may holdings at 16.24. The Relative Strength Index (RSI) on the 14-day chart is 26.27, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.95%. Stochastics %K at 15.59% indicates the stock is a buying.

The most recent change occurred on November 01, 2023 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $35 price target.

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