CryoPort Inc’s recent filing unveils that its Chief Executive Officer SHELTON JERRELL unloaded Company’s shares for reported $46154.0 on Mar 25 ’24. In the deal valued at $17.54 per share,2,631 shares were sold. As a result of this transaction, SHELTON JERRELL now holds 692,182 shares worth roughly $11.04 million.
Then, Sawicki Mark W sold 1,367 shares, generating $23,980 in total proceeds. Upon selling the shares at $17.54, the Chief Scientific Officer now owns 77,444 shares.
Before that, STEFANOVICH ROBERT sold 1,079 shares. CryoPort Inc shares valued at $18,928 were divested by the Chief Financial Officer at a price of $17.54 per share. As a result of the transaction, STEFANOVICH ROBERT now holds 128,333 shares, worth roughly $2.05 million.
B. Riley Securities downgraded its CryoPort Inc [CYRX] rating to a Neutral from a a Buy in a research note published on May 03, 2024; the price target was decreased to $19 from $22. Needham also remained covering CYRX and reiterated its “Buy” recommendation on March 13, 2024. Morgan Stanley started covering the stock on August 17, 2023. It rated CYRX as “an Equal-weight”.
Price Performance Review of CYRX
On Friday, CryoPort Inc [NASDAQ:CYRX] saw its stock fall -7.05% to $15.95. Over the last five days, the stock has lost -2.63%. CryoPort Inc shares have risen nearly 2.97% since the year began. Nevertheless, the stocks have fallen -23.94% over the past one year. While a 52-week high of $24.17 was reached on 04/04/24, a 52-week low of $9.00 was recorded on 03/13/24. SMA at 50 days reached $16.90, while 200 days put it at $14.73. A total of 0.53 million shares were traded, compared to the trading of 0.26 million shares in the previous session.
Levels Of Support And Resistance For CYRX Stock
The 24-hour chart illustrates a support level at 15.31, which if violated will result in even more drops to 14.67. On the upside, there is a resistance level at 17.00. A further resistance level may holdings at 18.05. The Relative Strength Index (RSI) on the 14-day chart is 42.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.77%. Stochastics %K at 58.86% indicates the stock is a holding.
