Syndax Pharmaceuticals Inc’s recent filing unveils that its Chief Financial Officer Goldan Keith A. acquired Company’s shares for reported $25037.0 on Jun 14 ’24. In the deal valued at $20.03 per share,1,250 shares were bought. As a result of this transaction, Goldan Keith A. now holds 52,623 shares worth roughly $0.73 million.
UBS initiated its Syndax Pharmaceuticals Inc [SNDX] rating to a Buy in a research note published on October 24, 2024; the price target was $37. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. Scotiabank also remained covering SNDX and has decreased its forecast on January 31, 2024 with a “Sector perform” recommendation from previously “Sector outperform” rating. Mizuho started covering the stock on December 22, 2023. It rated SNDX as “a Buy”.
Price Performance Review of SNDX
On Tuesday, Syndax Pharmaceuticals Inc [NASDAQ:SNDX] saw its stock jump 0.80% to $13.80. Over the last five days, the stock has gained 10.22%. Syndax Pharmaceuticals Inc shares have risen nearly 4.39% since the year began. Nevertheless, the stocks have fallen -35.78% over the past one year. While a 52-week high of $25.34 was reached on 01/06/25, a 52-week low of $12.40 was recorded on 01/02/25. SMA at 50 days reached $16.14, while 200 days put it at $19.53.
Levels Of Support And Resistance For SNDX Stock
The 24-hour chart illustrates a support level at 13.54, which if violated will result in even more drops to 13.28. On the upside, there is a resistance level at 14.12. A further resistance level may holdings at 14.44. The Relative Strength Index (RSI) on the 14-day chart is 44.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.78%. Stochastics %K at 72.69% indicates the stock is a holding.
How much short interest is there in Syndax Pharmaceuticals Inc?
A steep rise in short interest was recorded in Syndax Pharmaceuticals Inc stocks on 2024-12-13, growing by 5.76 million shares to a total of 16.36 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 10.6 million shares. There was a rise of 35.2%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 25, 2023 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $29 price target.
