In a filing, Amneal Pharmaceuticals Inc revealed its Director Kiely John unloaded Company’s shares for reported $0.14 million on Nov 22 ’24. In the deal valued at $8.38 per share,17,058 shares were sold. As a result of this transaction, Kiely John now holds 267,175 shares worth roughly $2.09 million.
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Then, Autor Deborah M. sold 33,229 shares, generating $277,130 in total proceeds. Upon selling the shares at $8.34, the Director now owns 53,402 shares.
Before that, Autor Deborah M. sold 6,771 shares. Amneal Pharmaceuticals Inc shares valued at $56,944 were divested by the Director at a price of $8.41 per share. As a result of the transaction, Autor Deborah M. now holds 86,631 shares, worth roughly $0.68 million.
JP Morgan upgraded its Amneal Pharmaceuticals Inc [AMRX] rating to a Neutral from a an Underweight in a research note published recently. Goldman also remained covering AMRX and has increased its forecast on March 08, 2021 with a “Buy” recommendation from previously “Sell” rating. Guggenheim revised its rating on December 14, 2020. It rated AMRX as “a Buy” which previously was an “a Neutral”.
Price Performance Review of AMRX
On Friday, Amneal Pharmaceuticals Inc [NASDAQ:AMRX] saw its stock fall -1.14% to $7.83. Over the last five days, the stock has lost -7.34%. Amneal Pharmaceuticals Inc shares have risen nearly 29.00% since the year began. Nevertheless, the stocks have risen 66.24% over the past one year. While a 52-week high of $9.48 was reached on 11/12/24, a 52-week low of $4.46 was recorded on 03/01/24. SMA at 50 days reached $8.50, while 200 days put it at $7.33.
Levels Of Support And Resistance For AMRX Stock
The 24-hour chart illustrates a support level at 7.74, which if violated will result in even more drops to 7.66. On the upside, there is a resistance level at 7.93. A further resistance level may holdings at 8.04. The Relative Strength Index (RSI) on the 14-day chart is 35.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.86%. Stochastics %K at 7.69% indicates the stock is a buying.
How much short interest is there in Amneal Pharmaceuticals Inc?
A steep rise in short interest was recorded in Amneal Pharmaceuticals Inc stocks on 2024-11-29, growing by 1.17 million shares to a total of 4.67 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.5 million shares. There was a rise of 25.11%, which implies that there is a positive sentiment for the stock.