In a filing, Neogenomics Inc. revealed its Director TETRAULT LYNN A. unloaded Company’s shares for reported $97579.0 on Mar 04 ’24. In the deal valued at $15.97 per share,6,112 shares were sold. As a result of this transaction, TETRAULT LYNN A. now holds 50,062 shares worth roughly $0.78 million.
Then, Olivo Alicia C sold 2,587 shares, generating $38,713 in total proceeds. Upon selling the shares at $14.96, the General Counsel now owns 34,866 shares.
Before that, Olivo Alicia C sold 2,669 shares. Neogenomics Inc. shares valued at $49,083 were divested by the General Counsel at a price of $18.39 per share. As a result of the transaction, Olivo Alicia C now holds 37,140 shares, worth roughly $0.58 million.
A number of analysts have revised their coverage, including BTIG Research’s analysts, who remained covering the stock and in late December has reiterated a ‘”a Buy”‘ rating for it. Stephens also remained covering NEO and has increased its forecast on August 21, 2023 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Raymond James revised its rating on May 16, 2023. It rated NEO as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of NEO
On Monday, Neogenomics Inc. [NASDAQ:NEO] saw its stock jump 1.37% to $15.51. Over the last five days, the stock has gained 1.91%. Neogenomics Inc. shares have fallen nearly -4.14% since the year began. Nevertheless, the stocks have risen 7.34% over the past one year. While a 52-week high of $21.22 was reached on 02/23/24, a 52-week low of $11.03 was recorded on 04/22/24. SMA at 50 days reached $14.92, while 200 days put it at $15.34. A total of 0.56 million shares were traded, compared to the trading of 1.16 million shares in the previous session.
Levels Of Support And Resistance For NEO Stock
The 24-hour chart illustrates a support level at 15.31, which if violated will result in even more drops to 15.11. On the upside, there is a resistance level at 15.73. A further resistance level may holdings at 15.94. The Relative Strength Index (RSI) on the 14-day chart is 59.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 19.93%. Stochastics %K at 67.77% indicates the stock is a holding.
