In a filing, Clearside Biomedical Inc revealed its Chief Medical Officer Chong Ngai Hang Victor acquired Company’s shares for reported $36500.0 on Nov 01 ’24. In the deal valued at $1.00 per share,36,500 shares were bought. As a result of this transaction, Chong Ngai Hang Victor now holds 100,000 shares worth roughly $87000.0.
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Then, Chong Ngai Hang Victor bought 23,500 shares, generating $24,910 in total proceeds. Upon buying the shares at $1.06, the Chief Medical Officer now owns 63,500 shares.
Before that, YERXA BENJAMIN R bought 7,813 shares. Clearside Biomedical Inc shares valued at $10,235 were divested by the Director at a price of $1.31 per share. As a result of the transaction, YERXA BENJAMIN R now holds 17,957 shares, worth roughly $15622.59.
Chardan Capital Markets initiated its Clearside Biomedical Inc [CLSD] rating to a Buy in a research note published on August 21, 2024; the price target was $6. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in late June with a ‘”an Outperform”‘ rating. H.C. Wainwright started covering the stock on July 29, 2021. It rated CLSD as “a Buy”.
Price Performance Review of CLSD
On Friday, Clearside Biomedical Inc [NASDAQ:CLSD] saw its stock fall -6.20% to $0.87. Over the last five days, the stock has lost -14.48%. Clearside Biomedical Inc shares have fallen nearly -25.44% since the year began. Nevertheless, the stocks have fallen -12.77% over the past one year. While a 52-week high of $2.12 was reached on 03/12/24, a 52-week low of $0.92 was recorded on 12/20/24. SMA at 50 days reached $1.0672, while 200 days put it at $1.2190.
Levels Of Support And Resistance For CLSD Stock
The 24-hour chart illustrates a support level at 0.8056, which if violated will result in even more drops to 0.7389. On the upside, there is a resistance level at 0.9344. A further resistance level may holdings at 0.9965. The Relative Strength Index (RSI) on the 14-day chart is 29.02, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0775, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.15%. Stochastics %K at 19.28% indicates the stock is a buying.
How much short interest is there in Clearside Biomedical Inc?
A steep rise in short interest was recorded in Clearside Biomedical Inc stocks on 2024-10-31, growing by 1.5 million shares to a total of 1.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.26 million shares. There was a rise of 85.14%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 13, 2020 when ROTH Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $8 price target.
