Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. GeneDx Holdings Corp shares valued at $69,808 were sold by Stueland Katherine on Apr 29 ’24. At $11.04 per share, Stueland Katherine sold 6,325 shares. The insider’s holdings dropped to 75,869 shares worth approximately $1.46 million following the completion of this transaction.
Also, Feeley Kevin sold 1,104 shares, netting a total of over 12,185 in proceeds. Following the sale of shares at $11.04 each, the insider now holds 30,836 shares.
Before that, Stueland Katherine had sold 8,559 shares from its account. In a trade valued at $90,661, the CHIEF EXECUTIVE OFFICER traded GeneDx Holdings Corp shares for $10.59 each. Upon closing the transaction, the insider’s holdings decreased to 8,559 shares, worth approximately $1.29 million.
Analyzing WGS Stock Performance
During the last five days, there has been a drop of approximately -7.89%. Over the course of the year, GeneDx Holdings Corp shares have jumped approximately 600.73%. Shares of the company reached a 52-week high of $21.71 on 05/03/24 and a 52-week low of $2.47 on 01/02/24. A 50-day SMA is recorded $11.02, while a 200-day SMA reached $5.53. Nevertheless, trading volume fell to 0.31 million shares from 0.62 million shares the previous day.
Support And Resistance Levels for GeneDx Holdings Corp (WGS)
According to the 24-hour chart, there is a support level at 18.46, which, if violated, would cause prices to drop to 17.64. In the upper region, resistance lies at 20.43. The next price resistance is at 21.58. RSI (Relative Strength Index) is 74.09 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.19, which suggests the price will increase in the coming days. Percent R is at 19.71%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
