Rapid Micro Biosystems Inc’s recently made public that its Director PEI MELINDA LITHERLAND acquired Company’s shares for reported $10880.0 on Dec 03 ’24. In the deal valued at $1.00 per share,10,880 shares were bought. As a result of this transaction, PEI MELINDA LITHERLAND now holds 45,180 shares worth roughly $98944.2.
Then, PEI MELINDA LITHERLAND bought 9,120 shares, generating $9,484 in total proceeds. Upon buying the shares at $1.04, the Director now owns 54,300 shares.
Before that, PEI MELINDA LITHERLAND bought 19,892 shares. Rapid Micro Biosystems Inc shares valued at $20,887 were divested by the Director at a price of $1.05 per share. As a result of the transaction, PEI MELINDA LITHERLAND now holds 34,300 shares, worth roughly $75117.0.
JP Morgan downgraded its Rapid Micro Biosystems Inc [RPID] rating to a Neutral from a an Overweight in a research note published recently.
Price Performance Review of RPID
On Monday, Rapid Micro Biosystems Inc [NASDAQ:RPID] saw its stock jump 22.35% to $2.19. Over the last five days, the stock has gained 53.15%. Rapid Micro Biosystems Inc shares have risen nearly 143.33% since the year began. Nevertheless, the stocks have risen 129.27% over the past one year. While a 52-week high of $2.02 was reached on 02/03/25, a 52-week low of $0.58 was recorded on 01/02/25. SMA at 50 days reached $1.1500, while 200 days put it at $0.9200.
Levels Of Support And Resistance For RPID Stock
The 24-hour chart illustrates a support level at 1.8600, which if violated will result in even more drops to 1.5200. On the upside, there is a resistance level at 2.3900. A further resistance level may holdings at 2.5800. The Relative Strength Index (RSI) on the 14-day chart is 78.62, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.4600, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.13%. Stochastics %K at 87.62% indicates the stock is a selling.
How much short interest is there in Rapid Micro Biosystems Inc?
A steep rise in short interest was recorded in Rapid Micro Biosystems Inc stocks on 2025-01-15, growing by 55398.0 shares to a total of 0.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 58189.0 shares. There was a rise of 48.77%, which implies that there is a positive sentiment for the stock.
