KD Logo

UBS upgrades Certara Inc (CERT) rating to a Buy

In a filing, Certara Inc revealed its PRESIDENT, DRUG DEV SOLUTIONS SMITH PATRICK F unloaded Company’s shares for reported $59661.0 on Oct 07 ’24. In the deal valued at $11.03 per share,5,409 shares were sold. As a result of this transaction, SMITH PATRICK F now holds 50,091 shares worth roughly $0.53 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, SMITH PATRICK F bought 5,409 shares, generating $59,661 in total proceeds.

Before that, Pedersen Leif E sold 51,224 shares. Certara Inc shares valued at $578,319 were divested by the PRESIDENT, CHIEF COMMERCAL OFF at a price of $11.29 per share. As a result of the transaction, Pedersen Leif E now holds 99,704 shares, worth roughly $1.06 million.

UBS upgraded its Certara Inc [CERT] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who increased its forecast for the stock in early April from “a Sector weight” to “an Overweight”. JMP Securities began covering CERT with “Mkt perform” recommendation on April 04, 2024. Leerink Partners started covering the stock on February 26, 2024. It rated CERT as “a Market perform”.

Price Performance Review of CERT

On Tuesday, Certara Inc [NASDAQ:CERT] saw its stock fall -2.66% to $10.60. Over the last five days, the stock has gained 2.81%. Certara Inc shares have fallen nearly -39.74% since the year began. Nevertheless, the stocks have fallen -21.48% over the past one year. While a 52-week high of $19.87 was reached on 03/08/24, a 52-week low of $9.99 was recorded on 10/24/24. SMA at 50 days reached $10.97, while 200 days put it at $14.79.

Levels Of Support And Resistance For CERT Stock

The 24-hour chart illustrates a support level at 10.40, which if violated will result in even more drops to 10.21. On the upside, there is a resistance level at 10.93. A further resistance level may holdings at 11.27. The Relative Strength Index (RSI) on the 14-day chart is 45.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.80%. Stochastics %K at 60.38% indicates the stock is a holding.

How much short interest is there in Certara Inc?

A steep rise in short interest was recorded in Certara Inc stocks on 2024-10-15, dropping by -0.25 million shares to a total of 4.08 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 4.33 million shares. There was a decline of -6.01%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 07, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $17 price target.

Most Popular