Delcath Systems Inc’s recent filing unveils that its Director Aharon Gil acquired Company’s shares for reported $0.1 million on Mar 19 ’24. In the deal valued at $3.72 per share,26,882 shares were bought. As a result of this transaction, Aharon Gil now holds 1,069,710 shares worth roughly $8.89 million.
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Then, SALAMON STEVEN A J bought 26,882 shares, generating $100,001 in total proceeds. Upon buying the shares at $3.72, the Director now owns 1,121,025 shares.
Before that, Vukovic Vojo bought 40,000 shares. Delcath Systems Inc shares valued at $120,000 were divested by the Chief Medical Officer at a price of $3.00 per share. As a result of the transaction, Vukovic Vojo now holds 100,000 shares, worth roughly $0.83 million.
Stephens initiated its Delcath Systems Inc [DCTH] rating to an Overweight in a research note published on May 14, 2024; the price target was $25. H.C. Wainwright began covering DCTH with “Buy” recommendation on December 10, 2021. Canaccord Genuity started covering the stock on March 09, 2021. It rated DCTH as “a Buy”.
Price Performance Review of DCTH
On Tuesday, Delcath Systems Inc [NASDAQ:DCTH] saw its stock jump 0.97% to $8.31. Over the last five days, the stock has gained 7.50%. Delcath Systems Inc shares have risen nearly 99.76% since the year began. Nevertheless, the stocks have risen 49.19% over the past one year. While a 52-week high of $8.50 was reached on 06/25/24, a 52-week low of $2.25 was recorded on 03/14/24. SMA at 50 days reached $6.50, while 200 days put it at $4.57. A total of 0.22 million shares were traded, compared to the trading of 0.23 million shares in the previous session.
Levels Of Support And Resistance For DCTH Stock
The 24-hour chart illustrates a support level at 8.08, which if violated will result in even more drops to 7.85. On the upside, there is a resistance level at 8.57. A further resistance level may holdings at 8.83. The Relative Strength Index (RSI) on the 14-day chart is 69.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.30%. Stochastics %K at 85.97% indicates the stock is a selling.
The most recent change occurred on January 05, 2021 when BTIG Research began covering the stock and recommended ‘”a Buy”‘ rating along with a $23 price target.
