Clearside Biomedical Inc’s recent filing unveils that its Chief Medical Officer Chong Ngai Hang Victor acquired Company’s shares for reported $24910.0 on Jun 24 ’24. In the deal valued at $1.06 per share,23,500 shares were bought. As a result of this transaction, Chong Ngai Hang Victor now holds 63,500 shares worth roughly $83820.0.
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Then, YERXA BENJAMIN R bought 7,813 shares, generating $10,235 in total proceeds. Upon buying the shares at $1.31, the Director now owns 17,957 shares.
Before that, Gibney Anthony S bought 93,290 shares. Clearside Biomedical Inc shares valued at $121,277 were divested by the Director at a price of $1.30 per share. As a result of the transaction, Gibney Anthony S now holds 100,000 shares, worth roughly $0.13 million.
Chardan Capital Markets initiated its Clearside Biomedical Inc [CLSD] rating to a Buy in a research note published on August 21, 2024; the price target was $6. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in late June with a ‘”an Outperform”‘ rating. H.C. Wainwright started covering the stock on July 29, 2021. It rated CLSD as “a Buy”.
Price Performance Review of CLSD
On Monday, Clearside Biomedical Inc [NASDAQ:CLSD] saw its stock jump 14.78% to $1.32. Over the last five days, the stock has gained 10.92%. Clearside Biomedical Inc shares have risen nearly 12.82% since the year began. Nevertheless, the stocks have risen 65.00% over the past one year. While a 52-week high of $2.12 was reached on 03/12/24, a 52-week low of $0.65 was recorded on 09/05/24. SMA at 50 days reached $1.1645, while 200 days put it at $1.2840.
Levels Of Support And Resistance For CLSD Stock
The 24-hour chart illustrates a support level at 1.2000, which if violated will result in even more drops to 1.0800. On the upside, there is a resistance level at 1.3800. A further resistance level may holdings at 1.4400. The Relative Strength Index (RSI) on the 14-day chart is 55.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0855, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.00%. Stochastics %K at 26.11% indicates the stock is a holding.
How much short interest is there in Clearside Biomedical Inc?
A steep rise in short interest was recorded in Clearside Biomedical Inc stocks on 2024-09-30, dropping by 73954.0 shares to a total of 0.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 0.34 million shares. There was a decline of -28.31%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 13, 2020 when ROTH Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $8 price target.
