Stoke Therapeutics Inc’s filing revealed that its 10% Owner Skorpios Trust unloaded Company’s shares for reported $23.0 million on Dec 23 ’24. In the deal valued at $11.50 per share,2,000,000 shares were sold. As a result of this transaction, Skorpios Trust now holds 6,906,181 shares worth roughly $58.7 million.
Then, Blue Horizon Enterprise Ltd bought 2,000,000 shares, generating $23,180,000 in total proceeds.
Before that, Ticho Barry sold 2,586 shares. Stoke Therapeutics Inc shares valued at $33,596 were divested by the CHIEF MEDICAL OFFICER at a price of $12.99 per share. As a result of the transaction, Ticho Barry now holds 44,746 shares, worth roughly $0.38 million.
Chardan Capital Markets initiated its Stoke Therapeutics Inc [STOK] rating to a Buy in a research note published on December 20, 2024; the price target was $24. TD Cowen also remained covering STOK and has increased its forecast on March 26, 2024 with a “an Outperform” recommendation from previously “Market perform” rating.
Price Performance Review of STOK
On Friday, Stoke Therapeutics Inc [NASDAQ:STOK] saw its stock jump 2.04% to $8.50. Over the last five days, the stock has lost -20.41%. Stoke Therapeutics Inc shares have fallen nearly -22.94% since the year began. Nevertheless, the stocks have risen 58.58% over the past one year. While a 52-week high of $17.58 was reached on 02/05/25, a 52-week low of $5.21 was recorded on 02/24/25. SMA at 50 days reached $10.70, while 200 days put it at $12.93.
Levels Of Support And Resistance For STOK Stock
The 24-hour chart illustrates a support level at 8.17, which if violated will result in even more drops to 7.85. On the upside, there is a resistance level at 8.78. A further resistance level may holdings at 9.07. The Relative Strength Index (RSI) on the 14-day chart is 33.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.37%. Stochastics %K at 5.31% indicates the stock is a buying.
