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Goldman Downgrades Moderna Inc (MRNA) to a Neutral from a Buy

Moderna Inc’s recent filing unveils that its Chief Legal Officer Klinger Shannon Thyme unloaded Company’s shares for reported $23637.0 on Dec 09 ’24. In the deal valued at $44.68 per share,529 shares were sold. As a result of this transaction, Klinger Shannon Thyme now holds 20,446 shares worth roughly $0.7 million.

Then, Klinger Shannon Thyme bought 529 shares, generating $23,637 in total proceeds.

Before that, Klinger Shannon Thyme sold 112 shares. Moderna Inc shares valued at $4,849 were divested by the Chief Legal Officer at a price of $43.30 per share. As a result of the transaction, Klinger Shannon Thyme now holds 19,837 shares, worth roughly $0.68 million.

Goldman downgraded its Moderna Inc [MRNA] rating to a Neutral from a a Buy in a research note published on January 29, 2025; the price target was decreased to $51 from $99. A number of analysts have revised their coverage, including Argus’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Hold”. Berenberg started covering the stock on November 19, 2024. It rated MRNA as “a Hold”.

Price Performance Review of MRNA

On Tuesday, Moderna Inc [NASDAQ:MRNA] saw its stock fall -6.51% to $34.17. Over the last five days, the stock has lost -23.97%. Moderna Inc shares have fallen nearly -17.82% since the year began. Nevertheless, the stocks have fallen -65.49% over the past one year. While a 52-week high of $170.47 was reached on 01/07/25, a 52-week low of $31.94 was recorded on 01/13/25. SMA at 50 days reached $40.58, while 200 days put it at $82.07.

Levels Of Support And Resistance For MRNA Stock

The 24-hour chart illustrates a support level at 32.70, which if violated will result in even more drops to 31.23. On the upside, there is a resistance level at 36.78. A further resistance level may holdings at 39.39. The Relative Strength Index (RSI) on the 14-day chart is 38.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.12%. Stochastics %K at 30.01% indicates the stock is a holding.

How much short interest is there in Moderna Inc?

A steep rise in short interest was recorded in Moderna Inc stocks on 2025-01-15, growing by 3.52 million shares to a total of 43.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 39.49 million shares. There was a rise of 8.18%, which implies that there is a positive sentiment for the stock.

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