KD Logo

Sera Prognostics Inc (SERA) gets rating Downgrade from Citigroup

In a filing, Sera Prognostics Inc revealed its Chief Scientific Officer Boniface John J. unloaded Company’s shares for reported $0.22 million on Mar 28 ’24. In the deal valued at $9.04 per share,24,474 shares were sold. As a result of this transaction, Boniface John J. now holds 139,771 shares worth roughly $1.33 million.

Then, Boniface John J. sold 52,662 shares, generating $506,608 in total proceeds. Upon selling the shares at $9.62, the Chief Scientific Officer now owns 139,771 shares.

Before that, Lindgardt Zhenya sold 38,899 shares. Sera Prognostics Inc shares valued at $364,484 were divested by the Chief Executive Officer at a price of $9.37 per share. As a result of the transaction, Lindgardt Zhenya now holds 908,104 shares, worth roughly $8.61 million.

Citigroup downgraded its Sera Prognostics Inc [SERA] rating to a Neutral from a a Buy in a research note published on March 30, 2022; the price target was decreased to $4 from $18. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid November with a ‘”an Outperform”‘ rating.

Price Performance Review of SERA

On Tuesday, Sera Prognostics Inc [NASDAQ:SERA] saw its stock fall -4.44% to $9.48. Over the last five days, the stock has lost -18.91%. Sera Prognostics Inc shares have risen nearly 58.53% since the year began. Nevertheless, the stocks have risen 165.55% over the past one year. While a 52-week high of $12.35 was reached on 05/01/24, a 52-week low of $1.52 was recorded on 01/10/24. SMA at 50 days reached $9.65, while 200 days put it at $5.21. A total of 0.31 million shares were traded, compared to the trading of 0.11 million shares in the previous session.

Levels Of Support And Resistance For SERA Stock

The 24-hour chart illustrates a support level at 8.99, which if violated will result in even more drops to 8.50. On the upside, there is a resistance level at 10.00. A further resistance level may holdings at 10.52. The Relative Strength Index (RSI) on the 14-day chart is 44.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.21%. Stochastics %K at 25.26% indicates the stock is a holding.

Most Popular

[the_ad id="945"]