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 $4.92 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 $11.24 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 Friday, GRAIL Inc [NASDAQ:GRAL] saw its stock jump 7.06% to $18.35. Over the last five days, the stock has lost -17.19%. GRAIL Inc shares have risen nearly 34.33% since the year began.
Levels Of Support And Resistance For GRAL Stock
The 24-hour chart illustrates a support level at 16.89, which if violated will result in even more drops to 15.42. On the upside, there is a resistance level at 19.48. A further resistance level may holdings at 20.60. The Relative Strength Index (RSI) on the 14-day chart is 48.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.49%. Stochastics %K at 16.05% indicates the stock is a buying.
How much short interest is there in GRAIL Inc?
A steep rise in short interest was recorded in GRAIL Inc stocks on 2024-11-29, growing by 0.25 million shares to a total of 3.78 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.53 million shares. There was a rise of 6.51%, which implies that there is a positive sentiment for the stock.
