The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Liquidia Corp shares valued at $2,999,994 were purchased by Manning Paul B on Sep 12 ’24. At $8.90 per share, Manning Paul B acquired 337,078 shares. The insider’s holdings grew to 816,311 shares worth approximately $8.24 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Caligan Partners LP purchased 150,000 shares, netting a total of over 1,426,500 in proceeds. Following the buying of shares at $9.51 each, the insider now holds 6,994,997 shares.
Before that, Caligan Partners LP had sold 150,000 shares from its account. In a trade valued at $1,426,500, the Director traded Liquidia Corp shares for $9.51 each. Upon closing the transaction, the insider’s holdings decreased to 150,000 shares, worth approximately $69.07 million.
As published in a research note from Raymond James on August 19, 2024, Liquidia Corp [LQDA] has been rated up from an Outperform to a Strong buy. Analysts at Raymond James started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid August. As of June 25, 2024, Oppenheimer has initiated its “Perform” rating for LQDA. Earlier on January 05, 2024, Needham resumed its rating. Their recommendation was “a Buy” for LQDA stock.
Analyzing LQDA Stock Performance
During the last five days, there has been a drop of approximately -0.49%. Over the course of the year, Liquidia Corp shares have dropped approximately -16.13%. Shares of the company reached a 52-week high of $16.99 on 03/22/24 and a 52-week low of $8.26 on 08/19/24. A 50-day SMA is recorded $10.51, while a 200-day SMA reached $12.55. Nevertheless, trading volume fell to 0.66 million shares from 0.56 million shares the previous day.
Support And Resistance Levels for Liquidia Corp (LQDA)
According to the 24-hour chart, there is a support level at 9.93, which, if violated, would cause prices to drop to 9.78. In the upper region, resistance lies at 10.37. The next price resistance is at 10.65. RSI (Relative Strength Index) is 49.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.05, which suggests the price will decrease in the coming days. Percent R is at 55.91%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
