In a filing, enGene Holdings Inc revealed its 10% Owner FONDS DE SOLIDARITE DES TRAVAI unloaded Company’s shares for reported $0.72 million on Apr 22 ’24. In the deal valued at $15.00 per share,47,854 shares were sold. As a result of this transaction, FONDS DE SOLIDARITE DES TRAVAI now holds 3,036,153 shares worth roughly $45.33 million.
Then, FONDS DE SOLIDARITE DES TRAVAI sold 100 shares, generating $1,500 in total proceeds. Upon selling the shares at $15.00, the 10% Owner now owns 3,084,007 shares.
Before that, FONDS DE SOLIDARITE DES TRAVAI sold 4,575 shares. enGene Holdings Inc shares valued at $68,671 were divested by the 10% Owner at a price of $15.01 per share. As a result of the transaction, FONDS DE SOLIDARITE DES TRAVAI now holds 3,084,107 shares, worth roughly $46.05 million.
Wells Fargo initiated its enGene Holdings Inc [ENGN] rating to an Overweight in a research note published on April 22, 2024; the price target was $30. A number of analysts have revised their coverage, including Guggenheim’s analysts, who began to cover the stock in mid April with a ‘”a Buy”‘ rating. UBS began covering ENGN with “Buy” recommendation on March 28, 2024. Morgan Stanley started covering the stock on March 08, 2024. It rated ENGN as “an Overweight”.
Price Performance Review of ENGN
On Tuesday, enGene Holdings Inc [NASDAQ:ENGN] saw its stock fall -3.62% to $14.93. Over the last five days, the stock has lost -6.10%. enGene Holdings Inc shares have risen nearly 61.76% since the year began. Nevertheless, the stocks have risen 43.56% over the past one year.
Levels Of Support And Resistance For ENGN Stock
The 24-hour chart illustrates a support level at 14.45, which if violated will result in even more drops to 13.98. On the upside, there is a resistance level at 15.45. A further resistance level may holdings at 15.98. The Relative Strength Index (RSI) on the 14-day chart is 43.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.98%. Stochastics %K at 58.17% indicates the stock is a holding.
The most recent change occurred on February 20, 2024 when Leerink Partners began covering the stock and recommended ‘”an Outperform”‘ rating along with a $31 price target.
