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Capricor Therapeutics Inc [NASDAQ: CAPR] Sees Decrease in Stock Value

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Capricor Therapeutics Inc shares valued at $14,999,998 were purchased by Nippon Shinyaku Co Ltd on Sep 20 ’24. At $5.36 per share, Nippon Shinyaku Co Ltd acquired 2,798,507 shares. The insider’s holdings grew to 7,090,351 shares worth approximately $145.42 million following the completion of this transaction.

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As published in their initiating research note from Oppenheimer on May 17, 2024, Capricor Therapeutics Inc [CAPR] has been an Outperform and the price target has been revised to $14. Analysts at Cantor Fitzgerald started covering the stock with ‘”an Overweight”‘ outlook in a report released in early January. As of October 26, 2022, Ladenburg Thalmann has initiated its “Buy” rating for CAPR. Earlier on December 26, 2018, Maxim Group downgraded its rating. Their new recommendation was “a Hold” for CAPR stock which previously was a “a Buy”.

Analyzing CAPR Stock Performance

During the last five days, there has been a surge of approximately 18.49%. Over the course of the year, Capricor Therapeutics Inc shares have jumped approximately 319.43%. Shares of the company reached a 52-week high of $23.40 on 10/15/24 and a 52-week low of $3.52 on 08/07/24. A 50-day SMA is recorded $8.43, while a 200-day SMA reached $5.92. Nevertheless, trading volume fell to 2.79 million shares from 3.7 million shares the previous day.

Support And Resistance Levels for Capricor Therapeutics Inc (CAPR)

According to the 24-hour chart, there is a support level at 19.12, which, if violated, would cause prices to drop to 17.73. In the upper region, resistance lies at 21.85. The next price resistance is at 23.19. RSI (Relative Strength Index) is 70.61 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.94, which suggests the price will increase in the coming days. Percent R is at 20.14%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

Which companies own the most shares of Capricor Therapeutics Inc (CAPR)?

On January 26, 2018, H.C. Wainwright assigned a price target of “a Buy” to the stock and reiterated coverage with a $8.60.

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