Simulations Plus Inc’s recently made public that its Director WOLTOSZ WALTER S unloaded Company’s shares for reported $0.56 million on Jan 02 ’25. In the deal valued at $27.88 per share,20,000 shares were sold. As a result of this transaction, WOLTOSZ WALTER S now holds 3,422,584 shares worth roughly $102.4 million.
Then, VIRGINIA EVANS WOLTOSZ & WALTE bought 60,000 shares, generating $1,673,400 in total proceeds.
Before that, WEINER DANIEL L sold 750 shares. Simulations Plus Inc shares valued at $21,375 were divested by the Director at a price of $28.50 per share. As a result of the transaction, WEINER DANIEL L now holds 7,236 shares, worth roughly $0.22 million.
Stephens initiated its Simulations Plus Inc [SLP] rating to an Overweight in a research note published on November 15, 2024; the price target was $39. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in late July with a ‘”an Overweight”‘ rating. JMP Securities began covering SLP with “Mkt perform” recommendation on July 16, 2024. William Blair started covering the stock on June 28, 2024. It rated SLP as “an Outperform”.
Price Performance Review of SLP
On Friday, Simulations Plus Inc [NASDAQ:SLP] saw its stock jump 0.27% to $29.92. Over the last five days, the stock has gained 5.91%. Simulations Plus Inc shares have risen nearly 7.28% since the year began. Nevertheless, the stocks have fallen -20.57% over the past one year. While a 52-week high of $51.22 was reached on 01/07/25, a 52-week low of $24.00 was recorded on 01/08/25. SMA at 50 days reached $29.89, while 200 days put it at $37.63.
Levels Of Support And Resistance For SLP Stock
The 24-hour chart illustrates a support level at 29.52, which if violated will result in even more drops to 29.11. On the upside, there is a resistance level at 30.29. A further resistance level may holdings at 30.65. The Relative Strength Index (RSI) on the 14-day chart is 53.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.07%. Stochastics %K at 91.05% indicates the stock is a selling.
How much short interest is there in Simulations Plus Inc?
A steep rise in short interest was recorded in Simulations Plus Inc stocks on 2024-12-13, growing by 6950.0 shares to a total of 1.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.99 million shares. There was a rise of 0.7%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 09, 2023 when BTIG Research began covering the stock and recommended ‘”a Buy”‘ rating along with a $55 price target.
