Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Generation Bio Co shares valued at $120,759 were purchased by Quinn Anthony G. on Jan 10 ’25. At $0.96 per share, Quinn Anthony G. acquired 125,791 shares. The insider’s holdings grew to 214,286 shares worth approximately $0.17 million following the completion of this transaction.
Also, Quinn Anthony G. purchased 85,000 shares, netting a total of over 82,450 in proceeds. Following the buying of shares at $0.97 each, the insider now holds 299,286 shares.
Before that, Paone Antoinette had sold 6,719 shares from its account. In a trade valued at $18,410, the CHIEF OPERATING OFFICER traded Generation Bio Co shares for $2.74 each. Upon closing the transaction, the insider’s holdings decreased to 6,719 shares, worth approximately $11183.67.
As published in a research note from TD Cowen on October 19, 2023, Generation Bio Co [GBIO] has been rated down from an Outperform to a Market perform. Analysts at Canaccord Genuity started covering the stock with ‘”a Buy”‘ outlook in a report released in early November. As of December 14, 2021, William Blair has decreased its “an Outperform” rating to a “Mkt perform” for GBIO. Earlier on June 08, 2021, JMP Securities initiated its rating. Their recommendation was “a Mkt outperform” for GBIO stock.
Analyzing GBIO Stock Performance
During the last five days, there has been a drop of approximately -15.62%. Over the course of the year, Generation Bio Co shares have dropped approximately -23.32%. Shares of the company reached a 52-week high of $1.2400 on 01/06/25 and a 52-week low of $0.8032 on 01/30/25. A 50-day SMA is recorded $1.1451, while a 200-day SMA reached $2.3300. Nevertheless, trading volume fell to 0.61 million shares from 0.24 million shares the previous day.
Support And Resistance Levels for Generation Bio Co (GBIO)
According to the 24-hour chart, there is a support level at 0.7888, which, if violated, would cause prices to drop to 0.7647. In the upper region, resistance lies at 0.8513. The next price resistance is at 0.8897. RSI (Relative Strength Index) is 29.05 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0610, which suggests the price will decrease in the coming days. Percent R is at 95.95%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
