KD Logo

Akoya Biosciences Inc [AKYA] Shares Fall Approximately -51.90% Over the Year

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Akoya Biosciences Inc shares valued at $37,243 were sold by McKelligon Brian on Mar 20 ’24. At $4.97 per share, McKelligon Brian sold 7,500 shares. The insider’s holdings dropped to 231,868 shares worth approximately $0.65 million following the completion of this transaction.

Also, McKelligon Brian sold 7,500 shares, netting a total of over 37,035 in proceeds. Following the sale of shares at $4.94 each, the insider now holds 224,368 shares.

Before that, McKelligon Brian had sold 7,500 shares from its account. In a trade valued at $33,566, the President and CEO traded Akoya Biosciences Inc shares for $4.48 each. Upon closing the transaction, the insider’s holdings decreased to 7,500 shares, worth approximately $0.43 million.

As published in their initiating research note from Guggenheim on December 14, 2023, Akoya Biosciences Inc [AKYA] has been a Neutral. As of February 02, 2023, UBS has initiated its “Buy” rating for AKYA. Earlier on November 03, 2022, CapitalOne initiated its rating. Their recommendation was “an Overweight” for AKYA stock.

Analyzing AKYA Stock Performance

During the last five days, there has been a drop of approximately -32.12%. Over the course of the year, Akoya Biosciences Inc shares have dropped approximately -42.83%. Shares of the company reached a 52-week high of $6.31 on 03/04/24 and a 52-week low of $2.75 on 05/15/24. A 50-day SMA is recorded $4.31, while a 200-day SMA reached $4.67. Nevertheless, trading volume fell to 0.68 million shares from 2.21 million shares the previous day.

Support And Resistance Levels for Akoya Biosciences Inc (AKYA)

According to the 24-hour chart, there is a support level at 2.72, which, if violated, would cause prices to drop to 2.65. In the upper region, resistance lies at 2.89. The next price resistance is at 2.99. RSI (Relative Strength Index) is 24.57 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.61, which suggests the price will decrease in the coming days. Percent R is at 97.89%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

Most Popular

[the_ad id="945"]