In a filing, PMV Pharmaceuticals Inc revealed its Chief Development Officer Jalota Deepika unloaded Company’s shares for reported $10853.0 on Sep 11 ’24. In the deal valued at $1.50 per share,7,218 shares were sold. As a result of this transaction, Jalota Deepika now holds 118,283 shares worth roughly $0.16 million.
Then, Carulli Michael sold 2,891 shares, generating $4,347 in total proceeds. Upon selling the shares at $1.50, the Chief Financial Officer now owns 88,395 shares.
Oppenheimer upgraded its PMV Pharmaceuticals Inc [PMVP] rating to an Outperform from a a Perform in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who began to cover the stock in mid May with a ‘”a Buy”‘ rating. Jefferies began covering PMVP with “Buy” recommendation on April 12, 2024. Ladenburg Thalmann started covering the stock on December 27, 2023. It rated PMVP as “a Buy”.
Price Performance Review of PMVP
On Friday, PMV Pharmaceuticals Inc [NASDAQ:PMVP] saw its stock unchanged to $1.37. Over the last five days, the stock has lost -6.16%. PMV Pharmaceuticals Inc shares have fallen nearly -9.27% since the year began. Nevertheless, the stocks have fallen -28.27% over the past one year. While a 52-week high of $2.26 was reached on 01/03/25, a 52-week low of $1.32 was recorded on 01/15/25. SMA at 50 days reached $1.5624, while 200 days put it at $1.6315.
Levels Of Support And Resistance For PMVP Stock
The 24-hour chart illustrates a support level at 1.3533, which if violated will result in even more drops to 1.3367. On the upside, there is a resistance level at 1.3933. A further resistance level may holdings at 1.4167. The Relative Strength Index (RSI) on the 14-day chart is 33.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0898, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.37%. Stochastics %K at 18.85% indicates the stock is a buying.
How much short interest is there in PMV Pharmaceuticals Inc?
A steep rise in short interest was recorded in PMV Pharmaceuticals Inc stocks on 2024-12-31, growing by 0.46 million shares to a total of 1.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.89 million shares. There was a rise of 34.05%, which implies that there is a positive sentiment for the stock.
