Sage Therapeutics Inc’s recently made public that its Officer JONAS JEFFREY M acquired Company’s shares for reported $41441.0 on Dec 10 ’24. In the deal valued at $5.53 per share,7,500 shares were bought.
RBC Capital Mkts upgraded its Sage Therapeutics Inc [SAGE] rating to a Sector perform from a an Underperform in a research note published recently. RBC Capital Mkts also remained covering SAGE and has decreased its forecast on October 04, 2024 with a “Sector perform” recommendation from previously “an Outperform” rating. TD Cowen revised its rating on July 30, 2024. It rated SAGE as “a Hold” which previously was an “a Buy”.
Price Performance Review of SAGE
On Friday, Sage Therapeutics Inc [NASDAQ:SAGE] saw its stock jump 1.58% to $7.08. Over the last five days, the stock has gained 27.57%. Sage Therapeutics Inc shares have risen nearly 30.39% since the year began. Nevertheless, the stocks have fallen -73.73% over the past one year. While a 52-week high of $27.67 was reached on 01/13/25, a 52-week low of $4.62 was recorded on 01/02/25. SMA at 50 days reached $5.74, while 200 days put it at $9.11.
Levels Of Support And Resistance For SAGE Stock
The 24-hour chart illustrates a support level at 6.91, which if violated will result in even more drops to 6.74. On the upside, there is a resistance level at 7.22. A further resistance level may holdings at 7.36. The Relative Strength Index (RSI) on the 14-day chart is 62.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.30%. Stochastics %K at 71.00% indicates the stock is a holding.
How much short interest is there in Sage Therapeutics Inc?
A steep rise in short interest was recorded in Sage Therapeutics Inc stocks on 2024-12-31, dropping by -1.69 million shares to a total of 4.83 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 6.53 million shares. There was a decline of -35.04%, which implies that there is a negative sentiment for the stock.
