In a filing, QuidelOrtho Corporation revealed its Former COO The Bujarski 2007 Trust U/A Dt acquired Company’s shares for reported $4.76 million on Jan 06 ’25. In the deal valued at $47.50 per share,100,200 shares were bought.
Then, Blaser Brian J. bought 6,033 shares, generating $249,878 in total proceeds. Upon buying the shares at $41.42, the President and CEO now owns 6,033 shares.
Before that, Robert Bujarski bought 20,000 shares. QuidelOrtho Corporation shares valued at $808,000 were divested by the Former COO at a price of $40.40 per share.
Citigroup upgraded its QuidelOrtho Corporation [QDEL] rating to a Buy from a a Neutral in a research note published on December 11, 2024; the price target was increased to $50 from $44. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early December with a ‘”a Hold”‘ rating. Craig Hallum revised its rating on September 05, 2024. It rated QDEL as “a Buy” which previously was an “a Hold”.
Price Performance Review of QDEL
On Monday, QuidelOrtho Corporation [NASDAQ:QDEL] saw its stock jump 2.04% to $47.61. Over the last five days, the stock has gained 7.59%. QuidelOrtho Corporation shares have risen nearly 6.87% since the year began. Nevertheless, the stocks have fallen -34.48% over the past one year. While a 52-week high of $75.09 was reached on 01/06/25, a 52-week low of $29.74 was recorded on 01/03/25. SMA at 50 days reached $41.00, while 200 days put it at $41.04.
Levels Of Support And Resistance For QDEL Stock
The 24-hour chart illustrates a support level at 46.81, which if violated will result in even more drops to 46.01. On the upside, there is a resistance level at 48.47. A further resistance level may holdings at 49.33. The Relative Strength Index (RSI) on the 14-day chart is 70.06, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.93, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.99%. Stochastics %K at 89.39% indicates the stock is a selling.
How much short interest is there in QuidelOrtho Corporation?
A steep rise in short interest was recorded in QuidelOrtho Corporation stocks on 2024-12-13, dropping by 43837.0 shares to a total of 3.79 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.83 million shares. There was a decline of -1.16%, which implies that there is a negative sentiment for the stock.
