biote Corp’s recent filing unveils that its Chief Financial Officer Peterson Robert Charles unloaded Company’s shares for reported $0.2 million on Sep 09 ’24. In the deal valued at $6.20 per share,32,874 shares were sold. As a result of this transaction, Peterson Robert Charles now holds 0 shares worth roughly $0.0.
Then, Peterson Robert Charles sold 11,376 shares, generating $86,084 in total proceeds. Upon selling the shares at $7.57, the Chief Financial Officer now owns 32,874 shares.
Craig Hallum initiated its biote Corp [BTMD] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. Jefferies began covering BTMD with “Buy” recommendation on February 01, 2024. Cowen started covering the stock on June 24, 2022. It rated BTMD as “an Outperform”.
Price Performance Review of BTMD
On Friday, biote Corp [NASDAQ:BTMD] saw its stock unchanged to $5.64. Over the last five days, the stock has lost -0.18%. biote Corp shares have fallen nearly -8.74% since the year began. Nevertheless, the stocks have risen 21.81% over the past one year. While a 52-week high of $8.44 was reached on 01/02/25, a 52-week low of $3.65 was recorded on 01/13/25. SMA at 50 days reached $6.11, while 200 days put it at $6.20.
Levels Of Support And Resistance For BTMD Stock
The 24-hour chart illustrates a support level at 5.54, which if violated will result in even more drops to 5.45. On the upside, there is a resistance level at 5.77. A further resistance level may holdings at 5.91. The Relative Strength Index (RSI) on the 14-day chart is 42.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.00%. Stochastics %K at 31.11% indicates the stock is a holding.
How much short interest is there in biote Corp?
A steep rise in short interest was recorded in biote Corp stocks on 2024-12-31, growing by 0.12 million shares to a total of 0.81 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.69 million shares. There was a rise of 15.03%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 23, 2022 when ROTH Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $9 price target.
