Rocket Pharmaceuticals Inc’s filing revealed that its insider Militello John unloaded Company’s shares for reported $9300.0 on Jan 23 ’25. In the deal valued at $10.38 per share,896 shares were sold. As a result of this transaction, Militello John now holds 48,414 shares worth roughly $0.51 million.
Then, Militello John bought 896 shares, generating $9,301 in total proceeds.
Before that, Militello John sold 1,224 shares. Rocket Pharmaceuticals Inc shares valued at $15,978 were divested by the insider at a price of $13.05 per share. As a result of the transaction, Militello John now holds 49,310 shares, worth roughly $0.52 million.
Wedbush initiated its Rocket Pharmaceuticals Inc [RCKT] rating to an Outperform in a research note published on December 30, 2024; the price target was $32. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. Scotiabank began covering RCKT with “Sector outperform” recommendation on October 16, 2024. Goldman started covering the stock on April 02, 2024. It rated RCKT as “a Neutral”.
Price Performance Review of RCKT
On Tuesday, Rocket Pharmaceuticals Inc [NASDAQ:RCKT] saw its stock fall -1.21% to $10.58. Over the last five days, the stock has gained 4.13%. Rocket Pharmaceuticals Inc shares have fallen nearly -15.83% since the year began. Nevertheless, the stocks have fallen -62.79% over the past one year. While a 52-week high of $31.47 was reached on 01/02/25, a 52-week low of $10.07 was recorded on 01/22/25. SMA at 50 days reached $12.42, while 200 days put it at $18.54.
Levels Of Support And Resistance For RCKT Stock
The 24-hour chart illustrates a support level at 10.27, which if violated will result in even more drops to 9.97. On the upside, there is a resistance level at 10.81. A further resistance level may holdings at 11.04. The Relative Strength Index (RSI) on the 14-day chart is 39.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.21%. Stochastics %K at 18.47% indicates the stock is a buying.
How much short interest is there in Rocket Pharmaceuticals Inc?
A steep rise in short interest was recorded in Rocket Pharmaceuticals Inc stocks on 2025-01-15, growing by 0.53 million shares to a total of 11.7 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 11.18 million shares. There was a rise of 4.5%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 24, 2023 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $65 price target.
