Gritstone Bio Inc’s filing revealed that its PRESIDENT AND CEO Allen Andrew R unloaded Company’s shares for reported $18156.0 on May 16 ’24. In the deal valued at $0.75 per share,24,263 shares were sold. As a result of this transaction, Allen Andrew R now holds 985,360 shares worth roughly $49268.0.
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
Then, Jones Erin sold 13,749 shares, generating $10,288 in total proceeds. Upon selling the shares at $0.75, the EVP, CHIEF OPERATING OFFICER now owns 359,293 shares.
Before that, Jooss Karin sold 13,749 shares. Gritstone Bio Inc shares valued at $10,288 were divested by the insider at a price of $0.75 per share. As a result of the transaction, Jooss Karin now holds 683,526 shares, worth roughly $34176.3.
JMP Securities downgraded its Gritstone Bio Inc [GRTS] rating to a Mkt perform from a a Mkt outperform in a research note published recently. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in late February with a ‘”a Mkt outperform”‘ rating. Evercore ISI began covering GRTS with “an Outperform” recommendation on March 31, 2023. B. Riley Securities started covering the stock on March 28, 2023. It rated GRTS as “a Buy”.
Price Performance Review of GRTS
On Friday, Gritstone Bio Inc [NASDAQ:GRTS] saw its stock fall -18.04% to $0.05. Over the last five days, the stock has lost -73.21%. Gritstone Bio Inc shares have fallen nearly -97.50% since the year began. Nevertheless, the stocks have fallen -98.00% over the past one year. While a 52-week high of $3.17 was reached on 01/16/24, a 52-week low of $0.06 was recorded on 10/11/24. SMA at 50 days reached $0.4566, while 200 days put it at $1.2293.
Levels Of Support And Resistance For GRTS Stock
The 24-hour chart illustrates a support level at 0.0452, which if violated will result in even more drops to 0.0396. On the upside, there is a resistance level at 0.0605. A further resistance level may holdings at 0.0702. The Relative Strength Index (RSI) on the 14-day chart is 16.94, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2168, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.72%. Stochastics %K at 1.64% indicates the stock is a buying.
How much short interest is there in Gritstone Bio Inc?
A steep rise in short interest was recorded in Gritstone Bio Inc stocks on 2024-09-30, growing by 0.6 million shares to a total of 7.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 6.93 million shares. There was a rise of 8.02%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 31, 2022 when Piper Sandler began covering the stock and recommended ‘”an Overweight”‘ rating along with a $6 price target.
