AMGEN Inc’s recently made public that its SVP & CCO Grygiel Nancy A. unloaded Company’s shares for reported $0.66 million on May 03 ’24. In the deal valued at $313.09 per share,2,117 shares were sold. As a result of this transaction, Grygiel Nancy A. now holds 9,883 shares worth roughly $2.82 million.
A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid November with a ‘”a Peer perform”‘ rating. Citigroup began covering AMGN with “Neutral” recommendation on November 14, 2024. Bernstein started covering the stock on October 17, 2024. It rated AMGN as “an Outperform”.
Price Performance Review of AMGN
On Friday, AMGEN Inc [NASDAQ:AMGN] saw its stock jump 0.49% to $285.42. Over the last five days, the stock has gained 3.63%. AMGEN Inc shares have risen nearly 9.51% since the year began. Nevertheless, the stocks have fallen -9.28% over the past one year. While a 52-week high of $346.85 was reached on 01/31/25, a 52-week low of $253.30 was recorded on 01/06/25. SMA at 50 days reached $272.85, while 200 days put it at $304.41.
Levels Of Support And Resistance For AMGN Stock
The 24-hour chart illustrates a support level at 282.70, which if violated will result in even more drops to 279.99. On the upside, there is a resistance level at 287.41. A further resistance level may holdings at 289.41. The Relative Strength Index (RSI) on the 14-day chart is 65.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.73, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.00%. Stochastics %K at 93.56% indicates the stock is a selling.
How much short interest is there in AMGEN Inc?
A steep rise in short interest was recorded in AMGEN Inc stocks on 2025-01-15, dropping by -0.1 million shares to a total of 11.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 11.53 million shares. There was a decline of -0.9%, which implies that there is a negative sentiment for the stock.
