In a filing, Rocket Pharmaceuticals Inc revealed its Officer Militello John acquired Company’s shares for reported $15245.0 on Oct 31 ’24. In the deal valued at $16.62 per share,917 shares were bought.
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Then, White Mark Andrew bought 3,080 shares, generating $51,205 in total proceeds.
Before that, Militello John sold 1,064 shares. Rocket Pharmaceuticals Inc shares valued at $19,688 were divested by the insider at a price of $18.50 per share. As a result of the transaction, Militello John now holds 51,451 shares, worth roughly $0.87 million.
Scotiabank initiated its Rocket Pharmaceuticals Inc [RCKT] rating to a Sector outperform in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in early April with a ‘”a Neutral”‘ rating. Cantor Fitzgerald began covering RCKT with “an Overweight” recommendation on October 24, 2023. Morgan Stanley started covering the stock on February 01, 2023. It rated RCKT as “an Overweight”.
Price Performance Review of RCKT
On Friday, Rocket Pharmaceuticals Inc [NASDAQ:RCKT] saw its stock jump 1.98% to $16.98. Over the last five days, the stock has lost -0.35%. Rocket Pharmaceuticals Inc shares have fallen nearly -43.34% since the year began. Nevertheless, the stocks have fallen -10.63% over the past one year. While a 52-week high of $32.53 was reached on 02/27/24, a 52-week low of $15.98 was recorded on 10/03/24. SMA at 50 days reached $18.20, while 200 days put it at $22.80.
Levels Of Support And Resistance For RCKT Stock
The 24-hour chart illustrates a support level at 16.74, which if violated will result in even more drops to 16.49. On the upside, there is a resistance level at 17.14. A further resistance level may holdings at 17.29. The Relative Strength Index (RSI) on the 14-day chart is 44.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.25%. Stochastics %K at 18.08% indicates the stock is a buying.
How much short interest is there in Rocket Pharmaceuticals Inc?
A steep rise in short interest was recorded in Rocket Pharmaceuticals Inc stocks on 2024-10-15, growing by 0.25 million shares to a total of 11.52 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 11.26 million shares. There was a rise of 2.2%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 08, 2022 when Canaccord Genuity began covering the stock and recommended ‘”a Buy”‘ rating along with a $53 price target.
