Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. BeiGene Ltd ADR shares valued at $7,370,515 were sold by Wang Xiaodong on Jan 07 ’25. At $176.50 per share, Wang Xiaodong sold 41,760 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, XIAODONG WANG purchased 125,280 shares, netting a total of over 22,630,579 in proceeds.
Before that, Wang Xiaodong had sold 41,760 shares from its account. In a trade valued at $7,805,106, the Chair, Scientific Advisory Brd traded BeiGene Ltd ADR shares for $186.90 each. Upon closing the transaction, the insider’s holdings decreased to 41,760 shares, worth approximately $0.0.
Analysts at JMP Securities started covering the stock with ‘”a Mkt outperform”‘ outlook in a report released in mid September. Earlier on September 12, 2023, Macquarie initiated its rating. Their recommendation was “an Outperform” for ONC stock.
Analyzing ONC Stock Performance
During the last five days, there has been a drop of approximately -3.70%. Over the course of the year, BeiGene Ltd ADR shares have dropped approximately -3.70%. Shares of the company reached a 52-week high of $186.54 on 01/02/25 and a 52-week low of $172.67 on 01/08/25. A 50-day SMA is recorded $192.89, while a 200-day SMA reached $179.09.
Support And Resistance Levels for BeiGene Ltd ADR (ONC)
According to the 24-hour chart, there is a support level at 174.37, which, if violated, would cause prices to drop to 170.86. In the upper region, resistance lies at 179.69. The next price resistance is at 181.50. RSI (Relative Strength Index) is 40.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.12, which suggests the price will decrease in the coming days. Percent R is at 58.06%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
