Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. X4 Pharmaceuticals Inc shares valued at $12,583 were sold by Ragan Paula on Nov 15 ’24. At $0.39 per share, Ragan Paula sold 31,897 shares. The insider’s holdings dropped to 993,919 shares worth approximately $0.49 million following the completion of this transaction.
Also, Ragan Paula purchased 31,897 shares, netting a total of over 13,078 in proceeds.
Before that, Ragan Paula had sold 31,897 shares from its account. In a trade valued at $17,926, the President and CEO traded X4 Pharmaceuticals Inc shares for $0.56 each. Upon closing the transaction, the insider’s holdings decreased to 31,897 shares, worth approximately $0.5 million.
As published in a research note from B. Riley Securities on December 12, 2023, X4 Pharmaceuticals Inc [XFOR] has been rated down from a Buy to a Neutral and the price target has been revised to $1 from $3. As of December 22, 2022, Cantor Fitzgerald has initiated its “an Overweight” rating for XFOR. Earlier on December 12, 2022, Piper Sandler initiated its rating. Their recommendation was “an Overweight” for XFOR stock.
Analyzing XFOR Stock Performance
During the last five days, there has been a surge of approximately 7.04%. Over the course of the year, X4 Pharmaceuticals Inc shares have dropped approximately -33.49%. Shares of the company reached a 52-week high of $0.8147 on 01/02/25 and a 52-week low of $0.4250 on 01/16/25. A 50-day SMA is recorded $0.5420, while a 200-day SMA reached $0.7451. Nevertheless, trading volume fell to 1.17 million shares from 1.71 million shares the previous day.
Support And Resistance Levels for X4 Pharmaceuticals Inc (XFOR)
According to the 24-hour chart, there is a support level at 0.4782, which, if violated, would cause prices to drop to 0.4684. In the upper region, resistance lies at 0.5030. The next price resistance is at 0.5180. RSI (Relative Strength Index) is 41.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0982, which suggests the price will decrease in the coming days. Percent R is at 86.60%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
