Generation Bio Co’s filing revealed that its Director Quinn Anthony G. acquired Company’s shares for reported $0.12 million on Jan 10 ’25. In the deal valued at $0.96 per share,125,791 shares were bought. As a result of this transaction, Quinn Anthony G. now holds 214,286 shares worth roughly $0.19 million.
Then, Quinn Anthony G. bought 85,000 shares, generating $82,450 in total proceeds. Upon buying the shares at $0.97, the Director now owns 299,286 shares.
Before that, Paone Antoinette sold 6,719 shares. Generation Bio Co shares valued at $18,410 were divested by the CHIEF OPERATING OFFICER at a price of $2.74 per share. As a result of the transaction, Paone Antoinette now holds 13,807 shares, worth roughly $12150.16.
TD Cowen downgraded its Generation Bio Co [GBIO] rating to a Market perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who began to cover the stock in early November with a ‘”a Buy”‘ rating. William Blair also remained covering GBIO and has decreased its forecast on December 14, 2021 with a “Mkt perform” recommendation from previously “an Outperform” rating. JMP Securities started covering the stock on June 08, 2021. It rated GBIO as “a Mkt outperform”.
Price Performance Review of GBIO
On Tuesday, Generation Bio Co [NASDAQ:GBIO] saw its stock fall -4.35% to $0.88. Over the last five days, the stock has lost -22.81%. Generation Bio Co shares have fallen nearly -16.98% since the year began. Nevertheless, the stocks have fallen -56.86% over the past one year. While a 52-week high of $4.65 was reached on 01/06/25, a 52-week low of $0.75 was recorded on 01/10/25. SMA at 50 days reached $1.4139, while 200 days put it at $2.5012.
Levels Of Support And Resistance For GBIO Stock
The 24-hour chart illustrates a support level at 0.8223, which if violated will result in even more drops to 0.7647. On the upside, there is a resistance level at 0.9723. A further resistance level may holdings at 1.0647. The Relative Strength Index (RSI) on the 14-day chart is 28.62, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1305, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.52%. Stochastics %K at 14.61% indicates the stock is a buying.
How much short interest is there in Generation Bio Co?
A steep rise in short interest was recorded in Generation Bio Co stocks on 2024-12-31, growing by 0.23 million shares to a total of 1.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.53 million shares. There was a rise of 13.29%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 24, 2021 when William Blair began covering the stock and recommended ‘”an Outperform”‘ rating .
