GE HealthCare Technologies Inc’s recent filing unveils that its Ch. Supply Chain & Serv. Ofc. Stacherski Kenneth R. unloaded Company’s shares for reported $1.58 million on Aug 14 ’24. In the deal valued at $83.22 per share,19,008 shares were sold. As a result of this transaction, Stacherski Kenneth R. now holds 38,541 shares worth roughly $3.55 million.
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Then, Kenneth Stacherski bought 19,008 shares, generating $1,572,774 in total proceeds.
Before that, Jan Makela bought 33,096 shares. GE HealthCare Technologies Inc shares valued at $2,753,587 were divested by the Officer at a price of $83.20 per share.
BTIG Research upgraded its GE HealthCare Technologies Inc [GEHC] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in early September with a ‘”a Neutral”‘ rating. Stifel began covering GEHC with “Buy” recommendation on August 06, 2024. Goldman started covering the stock on May 30, 2024. It rated GEHC as “a Neutral”.
Price Performance Review of GEHC
On Tuesday, GE HealthCare Technologies Inc [NASDAQ:GEHC] saw its stock jump 1.46% to $92.21. Over the last five days, the stock has gained 6.24%. GE HealthCare Technologies Inc shares have risen nearly 19.26% since the year began. Nevertheless, the stocks have risen 43.34% over the past one year. While a 52-week high of $94.50 was reached on 03/08/24, a 52-week low of $62.35 was recorded on 01/24/24. SMA at 50 days reached $84.42, while 200 days put it at $82.05.
Levels Of Support And Resistance For GEHC Stock
The 24-hour chart illustrates a support level at 90.56, which if violated will result in even more drops to 88.91. On the upside, there is a resistance level at 93.10. A further resistance level may holdings at 93.99. The Relative Strength Index (RSI) on the 14-day chart is 73.72, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.23, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.41%. Stochastics %K at 93.10% indicates the stock is a selling.
How much short interest is there in GE HealthCare Technologies Inc?
A steep rise in short interest was recorded in GE HealthCare Technologies Inc stocks on 2024-08-30, dropping by -1.85 million shares to a total of 10.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 11.86 million shares. There was a decline of -18.47%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 15, 2024 when HSBC Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $100 price target.
