As this happened, Cantor Fitzgerald initiated its SELLAS Life Sciences Group Inc [SLS] rating to an Overweight in a research note published on July 21, 2021; the price target was $18. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in early November with a ‘”an Outperform”‘ rating. H.C. Wainwright began covering SLS with “Buy” recommendation on April 02, 2018. Maxim Group revised its rating on March 19, 2018. It rated SLS as “a Buy” which previously was an “a Hold”.
Price Performance Review of SLS
On Tuesday, SELLAS Life Sciences Group Inc [NASDAQ:SLS] saw its stock fall -0.94% to $1.05. Over the last five days, the stock has gained 5.73%. SELLAS Life Sciences Group Inc shares have risen nearly 0.96% since the year began. Nevertheless, the stocks have risen 82.93% over the past one year. While a 52-week high of $1.72 was reached on 01/06/25, a 52-week low of $0.50 was recorded on 01/07/25. SMA at 50 days reached $1.1096, while 200 days put it at $1.2322.
Levels Of Support And Resistance For SLS Stock
The 24-hour chart illustrates a support level at 1.0039, which if violated will result in even more drops to 0.9577. On the upside, there is a resistance level at 1.0831. A further resistance level may holdings at 1.1161. The Relative Strength Index (RSI) on the 14-day chart is 52.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0897, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.98%. Stochastics %K at 79.31% indicates the stock is a holding.
How much short interest is there in SELLAS Life Sciences Group Inc?
A steep rise in short interest was recorded in SELLAS Life Sciences Group Inc stocks on 2024-10-31, growing by 0.43 million shares to a total of 8.61 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 8.18 million shares. There was a rise of 5.04%, which implies that there is a positive sentiment for the stock.
