In a filing, Savara Inc revealed its Director RAMSAY DAVID A acquired Company’s shares for reported $0.29 million on Nov 18 ’24. In the deal valued at $2.88 per share,100,000 shares were bought. As a result of this transaction, RAMSAY DAVID A now holds 2,323,642 shares worth roughly $6.88 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, Pauls Matthew sold 84,000 shares, generating $395,900 in total proceeds. Upon selling the shares at $4.71, the CHIEF EXECUTIVE OFFICER now owns 1,302,674 shares.
Before that, Lowrance David L sold 10,000 shares. Savara Inc shares valued at $47,131 were divested by the CHIEF FINANCIAL OFFICER at a price of $4.71 per share. As a result of the transaction, Lowrance David L now holds 342,355 shares, worth roughly $1.01 million.
Evercore ISI downgraded its Savara Inc [SVRA] rating to an In-line from a an Outperform in a research note published on November 13, 2024; the price target was decreased to $5 from $7. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in mid February with a ‘”a Mkt outperform”‘ rating. Guggenheim began covering SVRA with “Buy” recommendation on November 07, 2023. Jefferies revised its rating on May 16, 2023. It rated SVRA as “a Buy” which previously was an “a Hold”.
Price Performance Review of SVRA
On Monday, Savara Inc [NASDAQ:SVRA] saw its stock fall -0.67% to $2.96. Over the last five days, the stock has lost -27.27%. Savara Inc shares have fallen nearly -37.02% since the year began. Nevertheless, the stocks have fallen -17.89% over the past one year. While a 52-week high of $5.70 was reached on 03/05/24, a 52-week low of $2.83 was recorded on 11/18/24. SMA at 50 days reached $3.85, while 200 days put it at $4.40.
Levels Of Support And Resistance For SVRA Stock
The 24-hour chart illustrates a support level at 2.85, which if violated will result in even more drops to 2.74. On the upside, there is a resistance level at 3.04. A further resistance level may holdings at 3.11. The Relative Strength Index (RSI) on the 14-day chart is 31.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.20%. Stochastics %K at 9.44% indicates the stock is a buying.
How much short interest is there in Savara Inc?
A steep rise in short interest was recorded in Savara Inc stocks on 2024-10-31, growing by 1.46 million shares to a total of 13.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 11.7 million shares. There was a rise of 11.12%, which implies that there is a positive sentiment for the stock.
