QuidelOrtho Corporation’s recent filing unveils that its Former COO The Bujarski 2007 Trust U/A Dt acquired Company’s shares for reported $4.76 million on Jan 06 ’25. In the deal valued at $47.50 per share,100,200 shares were bought.
Then, Blaser Brian J. bought 6,033 shares, generating $249,878 in total proceeds. Upon buying the shares at $41.42, the President and CEO now owns 6,033 shares.
Before that, Robert Bujarski bought 20,000 shares. QuidelOrtho Corporation shares valued at $808,000 were divested by the Former COO at a price of $40.40 per share.
Citigroup upgraded its QuidelOrtho Corporation [QDEL] rating to a Buy from a a Neutral in a research note published on December 11, 2024; the price target was increased to $50 from $44. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early December with a ‘”a Hold”‘ rating. Craig Hallum revised its rating on September 05, 2024. It rated QDEL as “a Buy” which previously was an “a Hold”.
Price Performance Review of QDEL
On Monday, QuidelOrtho Corporation [NASDAQ:QDEL] saw its stock fall -2.14% to $42.53. Over the last five days, the stock has lost -5.74%. QuidelOrtho Corporation shares have fallen nearly -4.53% since the year began. Nevertheless, the stocks have fallen -37.92% over the past one year. While a 52-week high of $70.05 was reached on 01/07/25, a 52-week low of $29.74 was recorded on 01/16/25. SMA at 50 days reached $42.60, while 200 days put it at $40.98.
Levels Of Support And Resistance For QDEL Stock
The 24-hour chart illustrates a support level at 41.87, which if violated will result in even more drops to 41.22. On the upside, there is a resistance level at 43.31. A further resistance level may holdings at 44.10. The Relative Strength Index (RSI) on the 14-day chart is 45.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.55%. Stochastics %K at 54.32% indicates the stock is a holding.
How much short interest is there in QuidelOrtho Corporation?
A steep rise in short interest was recorded in QuidelOrtho Corporation stocks on 2025-01-15, growing by 0.35 million shares to a total of 4.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.79 million shares. There was a rise of 8.52%, which implies that there is a positive sentiment for the stock.
