Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Marker Therapeutics Inc shares valued at $35,472 were purchased by ELMS STEVE on Dec 23 ’24. At $3.20 per share, ELMS STEVE acquired 11,085 shares. The insider’s holdings grew to 325,370 shares worth approximately $0.93 million following the completion of this transaction.
Also, New Enterprise Associates 16, purchased 554,250 shares, netting a total of over 1,773,600 in proceeds. Following the buying of shares at $3.20 each, the insider now holds 1,625,678 shares.
As published in their initiating research note from Piper Sandler on March 25, 2021, Marker Therapeutics Inc [MRKR] has been an Overweight and the price target has been revised to $6. Analysts at Cantor Fitzgerald started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid March. As of May 12, 2020, Piper Sandler has decreased its “an Overweight” rating to a “Neutral” for MRKR. Earlier on May 30, 2019, ROTH Capital initiated its rating. Their recommendation was “a Buy” for MRKR stock.
Analyzing MRKR Stock Performance
During the last five days, there has been a drop of approximately -8.04%. Over the course of the year, Marker Therapeutics Inc shares have dropped approximately -8.04%. Shares of the company reached a 52-week high of $3.38 on 01/03/25 and a 52-week low of $2.75 on 01/08/25. A 50-day SMA is recorded $3.60, while a 200-day SMA reached $3.90. Nevertheless, trading volume fell to 64762.0 shares from 36000.0 shares the previous day.
Support And Resistance Levels for Marker Therapeutics Inc (MRKR)
According to the 24-hour chart, there is a support level at 2.72, which, if violated, would cause prices to drop to 2.58. In the upper region, resistance lies at 3.03. The next price resistance is at 3.20. RSI (Relative Strength Index) is 38.90 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.38, which suggests the price will decrease in the coming days. Percent R is at 94.45%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
