Quest Diagnostics, Inc’s recently made public that its SVP & General Counsel PREVOZNIK MICHAEL E unloaded Company’s shares for reported $5.73 million on Nov 29 ’24. In the deal valued at $163.07 per share,35,146 shares were sold. As a result of this transaction, PREVOZNIK MICHAEL E now holds 38,478 shares worth roughly $5.85 million.
Then, Doherty Catherine T. sold 33,103 shares, generating $5,395,484 in total proceeds. Upon selling the shares at $162.99, the EVP, Regional Businesses now owns 68,412 shares.
Before that, PREVOZNIK MICHAEL E bought 35,146 shares. Quest Diagnostics, Inc shares valued at $5,731,302 were divested by the Officer at a price of $163.07 per share.
Morgan Stanley upgraded its Quest Diagnostics, Inc [DGX] rating to an Overweight from a an Equal-weight in a research note published on December 17, 2024; the price target was increased to $172 from $145. Robert W. Baird also remained covering DGX and has increased its forecast on October 23, 2024 with a “an Outperform” recommendation from previously “Neutral” rating.
Price Performance Review of DGX
On Friday, Quest Diagnostics, Inc [NYSE:DGX] saw its stock jump 0.64% to $151.92. Over the last five days, the stock has lost -0.72%. Quest Diagnostics, Inc shares have risen nearly 0.70% since the year began. Nevertheless, the stocks have risen 8.76% over the past one year. While a 52-week high of $165.32 was reached on 01/03/25, a 52-week low of $123.04 was recorded on 01/03/25. SMA at 50 days reached $157.07, while 200 days put it at $146.75.
Levels Of Support And Resistance For DGX Stock
The 24-hour chart illustrates a support level at 150.49, which if violated will result in even more drops to 149.05. On the upside, there is a resistance level at 152.79. A further resistance level may holdings at 153.65. The Relative Strength Index (RSI) on the 14-day chart is 40.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.38%. Stochastics %K at 24.15% indicates the stock is a holding.
How much short interest is there in Quest Diagnostics, Inc?
A steep rise in short interest was recorded in Quest Diagnostics, Inc stocks on 2024-12-13, dropping by -0.68 million shares to a total of 1.91 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.59 million shares. There was a decline of -35.57%, which implies that there is a negative sentiment for the stock.
