KD Logo

Analyzing Equillium Inc (EQ) After Recent Trading Activity

In a filing, Equillium Inc revealed its Chief Financial Officer Keyes Jason A unloaded Company’s shares for reported $7000.0 on Nov 14 ’24. In the deal valued at $0.70 per share,10,000 shares were sold. As a result of this transaction, Keyes Jason A now holds 47,720 shares worth roughly $30540.8.

Then, THE KEYES TRUST U/A DTD 09/10/ bought 20,000 shares, generating $15,608 in total proceeds.

Before that, Zedelmayer Christine bought 15,000 shares. Equillium Inc shares valued at $18,750 were divested by the Officer at a price of $1.25 per share.

A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid September with a ‘”an Overweight”‘ rating. H.C. Wainwright also remained covering EQ and reiterated its “Buy” recommendation on July 14, 2020.

Price Performance Review of EQ

On Friday, Equillium Inc [NASDAQ:EQ] saw its stock fall -8.00% to $0.64. Over the last five days, the stock has lost -8.09%. Equillium Inc shares have fallen nearly -13.94% since the year began. Nevertheless, the stocks have fallen -21.73% over the past one year. While a 52-week high of $3.25 was reached on 01/08/25, a 52-week low of $0.56 was recorded on 01/17/25. SMA at 50 days reached $0.7119, while 200 days put it at $0.9997.

Levels Of Support And Resistance For EQ Stock

The 24-hour chart illustrates a support level at 0.6090, which if violated will result in even more drops to 0.5742. On the upside, there is a resistance level at 0.6904. A further resistance level may holdings at 0.7370. The Relative Strength Index (RSI) on the 14-day chart is 39.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0411, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.75%. Stochastics %K at 28.64% indicates the stock is a holding.

How much short interest is there in Equillium Inc?

A steep rise in short interest was recorded in Equillium Inc stocks on 2024-10-31, dropping by 72933.0 shares to a total of 0.12 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.19 million shares. There was a decline of -62.04%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on February 22, 2019 when SVB Leerink began covering the stock and recommended ‘”an Outperform”‘ rating along with a $16 price target.

Most Popular