In a filing, AVITA Medical Inc revealed its CFO O’Toole David D acquired Company’s shares for reported $12152.0 on Dec 05 ’24. In the deal valued at $12.46 per share,975 shares were bought. As a result of this transaction, O’Toole David D now holds 23,734 shares worth roughly $0.31 million.
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Then, O’Toole David D bought 1,000 shares, generating $8,900 in total proceeds. Upon buying the shares at $8.90, the CFO now owns 19,734 shares.
Before that, O’Toole David D bought 1,250 shares. AVITA Medical Inc shares valued at $21,738 were divested by the CFO at a price of $17.39 per share. As a result of the transaction, O’Toole David D now holds 18,734 shares, worth roughly $0.24 million.
D. Boral Capital initiated its AVITA Medical Inc [RCEL] rating to a Buy in a research note published on December 24, 2024; the price target was $25. A number of analysts have revised their coverage, including BTIG Research’s analysts, who decreased its forecast for the stock in mid April from “a Buy” to “a Neutral”. Cantor Fitzgerald began covering RCEL with “an Overweight” recommendation on June 27, 2023. Piper Sandler started covering the stock on March 02, 2021. It rated RCEL as “an Overweight”.
Price Performance Review of RCEL
On Tuesday, AVITA Medical Inc [NASDAQ:RCEL] saw its stock jump 9.87% to $12.91. Over the last five days, the stock has lost -3.27%. AVITA Medical Inc shares have fallen nearly -11.73% since the year began. Nevertheless, the stocks have fallen -8.53% over the past one year. While a 52-week high of $18.93 was reached on 02/27/24, a 52-week low of $7.51 was recorded on 05/14/24. SMA at 50 days reached $11.95, while 200 days put it at $10.57.
Levels Of Support And Resistance For RCEL Stock
The 24-hour chart illustrates a support level at 12.52, which if violated will result in even more drops to 12.13. On the upside, there is a resistance level at 13.33. A further resistance level may holdings at 13.76. The Relative Strength Index (RSI) on the 14-day chart is 47.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.31%. Stochastics %K at 32.31% indicates the stock is a holding.
How much short interest is there in AVITA Medical Inc?
A steep rise in short interest was recorded in AVITA Medical Inc stocks on 2024-11-29, dropping by 23710.0 shares to a total of 1.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.19 million shares. There was a decline of -2.02%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 27, 2020 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $42 price target.
