Krystal Biotech Inc’s filing revealed that its President and CEO Krishnan Krish S unloaded Company’s shares for reported $4.39 million on Jun 11 ’24. In the deal valued at $175.77 per share,25,000 shares were sold. As a result of this transaction, Krishnan Krish S now holds 1,587,262 shares worth roughly $297.56 million.
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Then, Krishnan Suma sold 25,000 shares, generating $4,394,161 in total proceeds. Upon selling the shares at $175.77, the President, R&D now owns 1,587,262 shares.
Before that, Krishnan Suma sold 25,000 shares. Krystal Biotech Inc shares valued at $4,393,901 were divested by the President, R&D at a price of $175.76 per share. As a result of the transaction, Krishnan Suma now holds 1,525,882 shares, worth roughly $286.06 million.
Citigroup downgraded its Krystal Biotech Inc [KRYS] rating to a Neutral from a a Buy in a research note published on August 06, 2024; the price target was increased to $204 from $195. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in mid November with a ‘”a Buy”‘ rating. Cantor Fitzgerald began covering KRYS with “an Overweight” recommendation on October 24, 2023. Citigroup started covering the stock on October 12, 2023. It rated KRYS as “a Buy”.
Price Performance Review of KRYS
On Tuesday, Krystal Biotech Inc [NASDAQ:KRYS] saw its stock jump 1.66% to $187.47. Over the last five days, the stock has gained 4.96%. Krystal Biotech Inc shares have risen nearly 51.11% since the year began. Nevertheless, the stocks have risen 57.60% over the past one year. While a 52-week high of $219.34 was reached on 07/26/24, a 52-week low of $93.95 was recorded on 02/22/24. SMA at 50 days reached $187.50, while 200 days put it at $150.22.
Levels Of Support And Resistance For KRYS Stock
The 24-hour chart illustrates a support level at 184.88, which if violated will result in even more drops to 182.28. On the upside, there is a resistance level at 189.36. A further resistance level may holdings at 191.25. The Relative Strength Index (RSI) on the 14-day chart is 46.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.44%. Stochastics%K at 36.44% indicates the stock is a holding.
How much short interest is there in Krystal Biotech Inc?
A steep rise in short interest was recorded in Krystal Biotech Inc stocks on
The most recent change occurred on September 07, 2023 when Berenberg began covering the stock and recommended ‘”a Buy”‘ rating along with a $154 price target.
