In a filing, Avidity Biosciences Inc revealed its Chief Human Resources Officer McCarthy Teresa unloaded Company’s shares for reported $1.21 million on Oct 16 ’24. In the deal valued at $48.52 per share,25,000 shares were sold. As a result of this transaction, McCarthy Teresa now holds 94,018 shares worth roughly $4.74 million.
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, LEVIN ARTHUR A bought 22,500 shares, generating $1,048,500 in total proceeds.
Before that, Thompson Tamar sold 30,000 shares. Avidity Biosciences Inc shares valued at $1,349,259 were divested by the Director at a price of $44.98 per share. As a result of the transaction, Thompson Tamar now holds 0 shares, worth roughly $0.0.
Goldman initiated its Avidity Biosciences Inc [RNA] rating to a Buy in a research note published on September 24, 2024; the price target was $59. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in late August with a ‘”an Overweight”‘ rating. BofA Securities began covering RNA with “Buy” recommendation on May 03, 2024. Cantor Fitzgerald started covering the stock on March 14, 2024. It rated RNA as “an Overweight”.
Price Performance Review of RNA
On Friday, Avidity Biosciences Inc [NASDAQ:RNA] saw its stock jump 3.98% to $50.45. Over the last five days, the stock has gained 8.26%. Avidity Biosciences Inc shares have risen nearly 457.46% since the year began. Nevertheless, the stocks have risen 786.64% over the past one year. While a 52-week high of $49.60 was reached on 10/18/24, a 52-week low of $4.82 was recorded on 01/02/24. SMA at 50 days reached $44.39, while 200 days put it at $30.90.
Levels Of Support And Resistance For RNA Stock
The 24-hour chart illustrates a support level at 48.57, which if violated will result in even more drops to 46.70. On the upside, there is a resistance level at 51.55. A further resistance level may holdings at 52.66. The Relative Strength Index (RSI) on the 14-day chart is 63.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.29, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.31%. Stochastics %K at 91.08% indicates the stock is a selling.
How much short interest is there in Avidity Biosciences Inc?
A steep rise in short interest was recorded in Avidity Biosciences Inc stocks on 2024-09-30, growing by 3.97 million shares to a total of 14.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 10.81 million shares. There was a rise of 26.84%, which implies that there is a positive sentiment for the stock.
