Capricor Therapeutics Inc’s recent filing unveils that its 10% Owner Nippon Shinyaku Co Ltd acquired Company’s shares for reported $15.0 million on Sep 20 ’24. In the deal valued at $5.36 per share,2,798,507 shares were bought. As a result of this transaction, Nippon Shinyaku Co Ltd now holds 7,090,351 shares worth roughly $70.55 million.
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Then, Musket David B bought 410 shares, generating $1,128 in total proceeds. Upon buying the shares at $2.75, the Director now owns 31,536 shares.
Before that, COLLIER EARL M JR bought 10,000 shares. Capricor Therapeutics Inc shares valued at $28,300 were divested by the Director at a price of $2.83 per share. As a result of the transaction, COLLIER EARL M JR now holds 26,856 shares, worth roughly $0.27 million.
Oppenheimer initiated its Capricor Therapeutics Inc [CAPR] rating to an Outperform in a research note published on May 17, 2024; the price target was $14. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in early January with a ‘”an Overweight”‘ rating. Ladenburg Thalmann began covering CAPR with “Buy” recommendation on October 26, 2022. Maxim Group revised its rating on December 26, 2018. It rated CAPR as “a Hold” which previously was an “a Buy”.
Price Performance Review of CAPR
On Friday, Capricor Therapeutics Inc [NASDAQ:CAPR] saw its stock fall -0.40% to $9.95. Over the last five days, the stock has gained 97.03%. Capricor Therapeutics Inc shares have risen nearly 103.48% since the year began. Nevertheless, the stocks have risen 68.64% over the past one year. While a 52-week high of $12.87 was reached on 09/25/24, a 52-week low of $2.68 was recorded on 08/07/24. SMA at 50 days reached $4.80, while 200 days put it at $5.03.
Levels Of Support And Resistance For CAPR Stock
The 24-hour chart illustrates a support level at 9.23, which if violated will result in even more drops to 8.52. On the upside, there is a resistance level at 10.48. A further resistance level may holdings at 11.02. The Relative Strength Index (RSI) on the 14-day chart is 85.04, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.86, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 33.11%. Stochastics %K at 68.59% indicates the stock is a holding.
How much short interest is there in Capricor Therapeutics Inc?
A steep rise in short interest was recorded in Capricor Therapeutics Inc stocks on 2024-09-13, growing by 0.53 million shares to a total of 7.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 7.0 million shares. There was a rise of 7.03%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 26, 2018 when H.C. Wainwright resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $8.60.
