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 $ 0.16 million.
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 $0.12 million.
KeyBanc Capital Markets initiated its Rapid Micro Biosystems Inc [RPID] rating to an Overweight in a research note published on February 12, 2025; the price target was $8. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid August from “an Overweight” to “a Neutral”.
Price Performance Review of RPID
On Friday, Rapid Micro Biosystems Inc [NASDAQ:RPID] saw its stock fall -2.52% to $3.48. Over the last five days, the stock has gained 17.57%. Rapid Micro Biosystems Inc shares have risen nearly 286.67% since the year began. Nevertheless, the stocks have risen 262.58% over the past one year. While a 52-week high of $3.75 was reached on 02/13/25, a 52-week low of $0.58 was recorded on 01/02/25. SMA at 50 days reached $1.50, while 200 days put it at $1.02.
Levels Of Support And Resistance For RPID Stock
The 24-hour chart illustrates a support level at 3.19, which if violated will result in even more drops to 2.90. On the upside, there is a resistance level at 3.76. A further resistance level may holdings at 4.03. The Relative Strength Index (RSI) on the 14-day chart is 77.32, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.25%. Stochastics %K at 93.38% 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 2025-01-31, growing by 88763.0 shares to a total of 0.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 43583.0 shares. There was a rise of 67.07%, which implies that there is a positive sentiment for the stock.
