Pulse Biosciences Inc’s filing revealed that its Director DUGGAN ROBERT W acquired Company’s shares for reported $0.16 million on Dec 12 ’23. In the deal valued at $9.15 per share,17,999 shares were bought. As a result of this transaction, DUGGAN ROBERT W now holds 36,984,179 shares worth roughly $281.08 million.
Then, DUGGAN ROBERT W bought 90,118 shares, generating $843,504 in total proceeds. Upon buying the shares at $9.36, the Director now owns 36,966,180 shares.
Before that, DUGGAN ROBERT W bought 116,656 shares. Pulse Biosciences Inc shares valued at $1,112,898 were divested by the Director at a price of $9.54 per share. As a result of the transaction, DUGGAN ROBERT W now holds 36,876,062 shares, worth roughly $280.26 million.
Stephens initiated its Pulse Biosciences Inc [PLSE] rating to an Overweight in a research note published on July 27, 2021; the price target was $28. A number of analysts have revised their coverage, including Maxim Group’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. H.C. Wainwright also remained covering PLSE and reiterated its “Buy” recommendation on January 26, 2021. H.C. Wainwright revised its rating on May 12, 2020. It rated PLSE as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PLSE
On Tuesday, Pulse Biosciences Inc [NASDAQ:PLSE] saw its stock fall -1.68% to $7.60. Over the last five days, the stock has gained 3.12%. Pulse Biosciences Inc shares have fallen nearly -37.91% since the year began. Nevertheless, the stocks have risen 0.86% over the past one year. While a 52-week high of $13.62 was reached on 01/02/24, a 52-week low of $3.78 was recorded on 04/25/24. SMA at 50 days reached $8.47, while 200 days put it at $7.47. A total of 0.23 million shares were traded, compared to the trading of 0.17 million shares in the previous session.
Levels Of Support And Resistance For PLSE Stock
The 24-hour chart illustrates a support level at 7.40, which if violated will result in even more drops to 7.19. On the upside, there is a resistance level at 7.83. A further resistance level may holdings at 8.05. The Relative Strength Index (RSI) on the 14-day chart is 48.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.93%. Stochastics %K at 61.46% indicates the stock is a holding.
