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TD Cowen’s latest rating for STOK stock

Stoke Therapeutics Inc’s recent filing unveils that its CHIEF MEDICAL OFFICER Ticho Barry unloaded Company’s shares for reported $0.11 million on May 01 ’24. In the deal valued at $11.37 per share,10,000 shares were sold. As a result of this transaction, Ticho Barry now holds 2,485 shares worth roughly $29869.7.

Then, Skorpios Trust sold 3,600,000 shares, generating $41,760,000 in total proceeds. Upon selling the shares at $11.60, the 10% Owner now owns 10,843,681 shares.

Before that, Nash Huw M. sold 61,329 shares. Stoke Therapeutics Inc shares valued at $811,212 were divested by the COO & CBO at a price of $13.23 per share. As a result of the transaction, Nash Huw M. now holds 0 shares, worth roughly $0.0.

TD Cowen upgraded its Stoke Therapeutics Inc [STOK] rating to an Outperform from a a Market perform in a research note published recently. TD Cowen also remained covering STOK and has decreased its forecast on July 25, 2023 with a “Market perform” recommendation from previously “an Outperform” rating. BofA Securities revised its rating on May 01, 2023. It rated STOK as “a Neutral” which previously was an “an Underperform”.

Price Performance Review of STOK

On Friday, Stoke Therapeutics Inc [NASDAQ:STOK] saw its stock jump 2.82% to $12.02. Over the last five days, the stock has lost -3.14%. Stoke Therapeutics Inc shares have risen nearly 128.52% since the year began. Nevertheless, the stocks have risen 26.66% over the past one year. While a 52-week high of $16.40 was reached on 03/27/24, a 52-week low of $3.35 was recorded on 02/13/24. SMA at 50 days reached $9.90, while 200 days put it at $6.17. A total of 0.53 million shares were traded, compared to the trading of 0.7 million shares in the previous session.

Levels Of Support And Resistance For STOK Stock

The 24-hour chart illustrates a support level at 11.54, which if violated will result in even more drops to 11.05. On the upside, there is a resistance level at 12.55. A further resistance level may holdings at 13.09. The Relative Strength Index (RSI) on the 14-day chart is 55.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.89%. Stochastics %K at 38.29% indicates the stock is a holding.

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