GRAIL Inc’s recently made public that its Chief Financial Officer Freidin Aaron unloaded Company’s shares for reported $0.43 million on Nov 18 ’24. In the deal valued at $14.02 per share,30,452 shares were sold. As a result of this transaction, Freidin Aaron now holds 268,277 shares worth roughly $5.19 million.
Then, Aaron Freidin bought 31,721 shares, generating $469,471 in total proceeds.
Before that, RAGUSA ROBERT P sold 123,454 shares. GRAIL Inc shares valued at $1,730,825 were divested by the Chief Executive Officer at a price of $14.02 per share. As a result of the transaction, RAGUSA ROBERT P now holds 612,661 shares, worth roughly $11.86 million.
Morgan Stanley initiated its GRAIL Inc [GRAL] rating to an Equal-weight in a research note published on November 27, 2024; the price target was $16. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid November with a ‘”a Peer perform”‘ rating. Guggenheim began covering GRAL with “Neutral” recommendation on October 17, 2024.
Price Performance Review of GRAL
On Tuesday, GRAIL Inc [NASDAQ:GRAL] saw its stock jump 3.36% to $19.36. Over the last five days, the stock has gained 9.50%. GRAIL Inc shares have risen nearly 41.73% since the year began.
Levels Of Support And Resistance For GRAL Stock
The 24-hour chart illustrates a support level at 18.53, which if violated will result in even more drops to 17.71. On the upside, there is a resistance level at 19.81. A further resistance level may holdings at 20.27. The Relative Strength Index (RSI) on the 14-day chart is 75.60, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.99, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.62%. Stochastics %K at 86.14% indicates the stock is a selling.
How much short interest is there in GRAIL Inc?
A steep rise in short interest was recorded in GRAIL Inc stocks on 2024-11-15, growing by 0.47 million shares to a total of 3.78 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.31 million shares. There was a rise of 12.4%, which implies that there is a positive sentiment for the stock.
