KD Logo

Phreesia Inc (PHR) receives an Outperform rating from RBC Capital Mkts

ZOM Stock

Phreesia Inc’s recent filing unveils that its Chief Operating Officer Roberts Evan unloaded Company’s shares for reported $0.11 million on Feb 18 ’25. In the deal valued at $30.06 per share,3,519 shares were sold. As a result of this transaction, Roberts Evan now holds 741,197 shares worth roughly $20.92 million.

Then, Roberts Evan sold 177 shares, generating $5,310 in total proceeds. Upon selling the shares at $30.00, the Chief Operating Officer now owns 741,020 shares.

Before that, Gandhi Balaji sold 5,771 shares. Phreesia Inc shares valued at $173,377 were divested by the Chief Financial Officer at a price of $30.04 per share. As a result of the transaction, Gandhi Balaji now holds 105,514 shares, worth roughly $2.98 million.

RBC Capital Mkts upgraded its Phreesia Inc [PHR] rating to an Outperform from a a Sector perform in a research note published on January 08, 2025; the price target was increased to $32 from $24. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in late February with a ‘”a Buy”‘ rating. DA Davidson also remained covering PHR and has increased its forecast on January 17, 2024 with a “Buy” recommendation from previously “Neutral” rating. Barclays started covering the stock on January 03, 2024. It rated PHR as “an Overweight”.

Price Performance Review of PHR

On Friday, Phreesia Inc [NYSE:PHR] saw its stock fall -0.84% to $28.22. Over the last five days, the stock has lost -5.96%. Phreesia Inc shares have risen nearly 12.16% since the year began. Nevertheless, the stocks have risen 9.42% over the past one year. While a 52-week high of $30.53 was reached on 02/14/25, a 52-week low of $17.07 was recorded on 01/03/25. SMA at 50 days reached $26.97, while 200 days put it at $23.13.

Levels Of Support And Resistance For PHR Stock

The 24-hour chart illustrates a support level at 27.78, which if violated will result in even more drops to 27.34. On the upside, there is a resistance level at 28.81. A further resistance level may holdings at 29.40. The Relative Strength Index (RSI) on the 14-day chart is 50.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.26%. Stochastics %K at 41.69% indicates the stock is a holding.

The most recent change occurred on April 12, 2023 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $37 price target.

Most Popular