GE HealthCare Technologies Inc’s recent filing unveils that its CEO, Imaging Rott Roland unloaded Company’s shares for reported $0.31 million on Nov 06 ’24. In the deal valued at $86.48 per share,3,577 shares were sold. As a result of this transaction, Rott Roland now holds 24,298 shares worth roughly $2.04 million.
Then, Roland Rott bought 3,577 shares, generating $309,330 in total proceeds.
Before that, Philip Rackliffe bought 900 shares. GE HealthCare Technologies Inc shares valued at $78,870 were divested by the Officer at a price of $87.63 per share.
Jefferies upgraded its GE HealthCare Technologies Inc [GEHC] rating to a Buy from a a Hold in a research note published on January 08, 2025; the price target was increased to $103 from $95. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in late September from “a Neutral” to “a Sell”. BTIG Research also remained covering GEHC and has increased its forecast on September 18, 2024 with a “Buy” recommendation from previously “Neutral” rating. JP Morgan started covering the stock on September 09, 2024. It rated GEHC as “a Neutral”.
Price Performance Review of GEHC
On Tuesday, GE HealthCare Technologies Inc [NASDAQ:GEHC] saw its stock fall -1.44% to $84.13. Over the last five days, the stock has gained 2.95%. GE HealthCare Technologies Inc shares have risen nearly 7.61% since the year began. Nevertheless, the stocks have risen 10.33% over the past one year. While a 52-week high of $94.55 was reached on 01/08/25, a 52-week low of $71.31 was recorded on 01/02/25. SMA at 50 days reached $82.58, while 200 days put it at $83.53.
Levels Of Support And Resistance For GEHC Stock
The 24-hour chart illustrates a support level at 83.30, which if violated will result in even more drops to 82.48. On the upside, there is a resistance level at 85.47. A further resistance level may holdings at 86.82. The Relative Strength Index (RSI) on the 14-day chart is 57.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.38, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.45%. Stochastics %K at 74.84% indicates the stock is a holding.
How much short interest is there in GE HealthCare Technologies Inc?
A steep rise in short interest was recorded in GE HealthCare Technologies Inc stocks on 2024-12-31, growing by 3.49 million shares to a total of 12.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 8.67 million shares. There was a rise of 28.68%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 06, 2024 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $100 price target.
