KD Logo

Examining the Potential Price Growth of Personalis Inc (PSNL)

Personalis Inc’s filing revealed that its CHIEF MEDICAL OFFICER AND EVP Chen Richard unloaded Company’s shares for reported $18466.0 on Dec 16 ’24. In the deal valued at $3.82 per share,4,834 shares were sold. As a result of this transaction, Chen Richard now holds 123,886 shares worth roughly $0.82 million.

Then, Moore Stephen Michael sold 1,513 shares, generating $5,780 in total proceeds. Upon selling the shares at $3.82, the SVP and Chief Legal Officer now owns 65,875 shares.

Before that, Tachibana Aaron sold 6,865 shares. Personalis Inc shares valued at $26,224 were divested by the CFO AND COO at a price of $3.82 per share. As a result of the transaction, Tachibana Aaron now holds 167,098 shares, worth roughly $1.11 million.

Needham upgraded its Personalis Inc [PSNL] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who increased its forecast for the stock in early February from “a Hold” to “a Buy”. BofA Securities also remained covering PSNL and has increased its forecast on January 07, 2022 with a “Buy” recommendation from previously “Neutral” rating. Morgan Stanley revised its rating on November 05, 2021. It rated PSNL as “an Equal-weight” which previously was an “an Overweight”.

Price Performance Review of PSNL

On Friday, Personalis Inc [NASDAQ:PSNL] saw its stock jump 5.90% to $6.64. Over the last five days, the stock has gained 6.07%. Personalis Inc shares have risen nearly 14.88% since the year began. Nevertheless, the stocks have risen 240.51% over the past one year. While a 52-week high of $7.20 was reached on 01/03/25, a 52-week low of $1.12 was recorded on 01/02/25. SMA at 50 days reached $4.61, while 200 days put it at $3.34.

Levels Of Support And Resistance For PSNL Stock

The 24-hour chart illustrates a support level at 6.35, which if violated will result in even more drops to 6.06. On the upside, there is a resistance level at 6.83. A further resistance level may holdings at 7.02. The Relative Strength Index (RSI) on the 14-day chart is 70.87, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.36%. Stochastics %K at 74.93% indicates the stock is a holding.

How much short interest is there in Personalis Inc?

A steep rise in short interest was recorded in Personalis Inc stocks on 2024-12-13, growing by 0.12 million shares to a total of 2.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.85 million shares. There was a rise of 4.03%, which implies that there is a positive sentiment for the stock.

Most Popular