Mirum Pharmaceuticals Inc’s recently made public that its SVP, GLOBAL CONTROLLER Howe Jolanda unloaded Company’s shares for reported $0.12 million on Nov 14 ’24. In the deal valued at $47.10 per share,2,500 shares were sold. As a result of this transaction, Howe Jolanda now holds 2,426 shares worth roughly $0.11 million.
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Then, Heron Patrick J bought 115 shares, generating $4,301 in total proceeds. Upon buying the shares at $37.40, the Director now owns 162,308 shares.
Before that, Heron Patrick J bought 230 shares. Mirum Pharmaceuticals Inc shares valued at $9,563 were divested by the Director at a price of $41.58 per share. As a result of the transaction, Heron Patrick J now holds 162,193 shares, worth roughly $7.15 million.
Stifel initiated its Mirum Pharmaceuticals Inc [MIRM] rating to a Buy in a research note published on April 17, 2024; the price target was $48. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who remained covering the stock and in mid December has reiterated a ‘”a Buy”‘ rating for it. Morgan Stanley started covering the stock on November 13, 2023. It rated MIRM as “an Overweight”.
Price Performance Review of MIRM
On Tuesday, Mirum Pharmaceuticals Inc [NASDAQ:MIRM] saw its stock jump 1.82% to $44.10. Over the last five days, the stock has lost -3.26%. Mirum Pharmaceuticals Inc shares have risen nearly 49.39% since the year began. Nevertheless, the stocks have risen 34.21% over the past one year. While a 52-week high of $48.89 was reached on 11/14/24, a 52-week low of $23.14 was recorded on 04/25/24. SMA at 50 days reached $41.61, while 200 days put it at $34.57.
Levels Of Support And Resistance For MIRM Stock
The 24-hour chart illustrates a support level at 43.14, which if violated will result in even more drops to 42.19. On the upside, there is a resistance level at 45.04. A further resistance level may holdings at 45.99. The Relative Strength Index (RSI) on the 14-day chart is 52.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.46%. Stochastics %K at 48.88% indicates the stock is a holding.
How much short interest is there in Mirum Pharmaceuticals Inc?
A steep rise in short interest was recorded in Mirum Pharmaceuticals Inc stocks on 2024-11-29, dropping by -0.13 million shares to a total of 6.72 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 6.85 million shares. There was a decline of -1.9%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 24, 2023 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $50 price target.
