KD Logo

Analyzing Helius Medical Technologies Inc (HSDT) After Recent Trading Activity

Helius Medical Technologies Inc’s recent filing unveils that its President and CEO ANDREEFF DANE acquired Company’s shares for reported $40475.0 on Dec 14 ’23. In the deal valued at $8.10 per share,5,000 shares were bought. As a result of this transaction, ANDREEFF DANE now holds 16,512 shares worth roughly $47389.44.

Then, ANDREEFF DANE bought 2,006 shares, generating $12,935 in total proceeds. Upon buying the shares at $6.45, the President and CEO now owns 13,685 shares.

Before that, ANDREEFF DANE bought 2,000 shares. Helius Medical Technologies Inc shares valued at $12,741 were divested by the President and CEO at a price of $6.37 per share. As a result of the transaction, ANDREEFF DANE now holds 12,551 shares, worth roughly $36021.37.

Noble Capital Markets initiated its Helius Medical Technologies Inc [HSDT] rating to an Outperform in a research note published on March 24, 2021; the price target was $20.

Price Performance Review of HSDT

On Friday, Helius Medical Technologies Inc [NASDAQ:HSDT] saw its stock jump 7.89% to $2.87. Over the last five days, the stock has lost -36.22%. Helius Medical Technologies Inc shares have fallen nearly -64.30% since the year began. Nevertheless, the stocks have fallen -61.86% over the past one year. While a 52-week high of $14.44 was reached on 02/06/24, a 52-week low of $2.50 was recorded on 05/03/24. SMA at 50 days reached $5.36, while 200 days put it at $7.13. A total of 12.24 million shares were traded, compared to the trading of 0.2 million shares in the previous session.

Levels Of Support And Resistance For HSDT Stock

The 24-hour chart illustrates a support level at 2.28, which if violated will result in even more drops to 1.68. On the upside, there is a resistance level at 3.54. A further resistance level may holdings at 4.20. The Relative Strength Index (RSI) on the 14-day chart is 20.54, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.00%. Stochastics %K at 8.43% indicates the stock is a buying.

Most Popular

[the_ad id="945"]