The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Recursion Pharmaceuticals Inc shares valued at $153,600 were purchased by Gibson Christopher on Feb 05 ’25. At $7.68 per share, Gibson Christopher acquired 20,000 shares.
Also, Marriott Tina purchased 6,000 shares, netting a total of over 44,947 in proceeds.
Before that, Secora Michael had added 5,000 shares to its account. In a trade valued at $32,573, the Former Officer bought Recursion Pharmaceuticals Inc shares for $6.51 each.
As published in their initiating research note from Morgan Stanley on May 22, 2023, Recursion Pharmaceuticals Inc [RXRX] has been an Equal-weight and the price target has been revised to $8. Analysts at Needham started covering the stock with ‘”a Buy”‘ outlook in a report released in mid March. As of September 16, 2022, KeyBanc Capital Markets has initiated its “an Overweight” rating for RXRX. Earlier on April 18, 2022, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for RXRX stock which previously was a “a Buy”.
Analyzing RXRX Stock Performance
During the last five days, there has been a surge of approximately 10.61%. Over the course of the year, Recursion Pharmaceuticals Inc shares have jumped approximately 17.16%. Shares of the company reached a 52-week high of $8.66 on 01/06/25 and a 52-week low of $6.20 on 01/14/25. A 50-day SMA is recorded $7.03, while a 200-day SMA reached $7.43. Nevertheless, trading volume fell to 26.45 million shares from 15.63 million shares the previous day.
Support And Resistance Levels for Recursion Pharmaceuticals Inc (RXRX)
According to the 24-hour chart, there is a support level at 7.60, which, if violated, would cause prices to drop to 7.29. In the upper region, resistance lies at 8.23. The next price resistance is at 8.55. RSI (Relative Strength Index) is 58.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.34, which suggests the price will decrease in the coming days. Percent R is at 17.62%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
