In a filing, Disc Medicine Inc revealed its Chief Commercial Officer Stephenson Pamela unloaded Company’s shares for reported $0.17 million on Feb 18 ’25. In the deal valued at $54.58 per share,3,137 shares were sold. As a result of this transaction, Stephenson Pamela now holds 69,529 shares worth roughly $3.72 million.
Then, Khara Rahul sold 1,161 shares, generating $63,367 in total proceeds. Upon selling the shares at $54.58, the Chief Legal Officer now owns 37,583 shares.
Before that, Savage William Jacob sold 1,638 shares. Disc Medicine Inc shares valued at $89,402 were divested by the Chief Medical Officer at a price of $54.58 per share. As a result of the transaction, Savage William Jacob now holds 68,498 shares, worth roughly $3.67 million.
Morgan Stanley upgraded its Disc Medicine Inc [IRON] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in early November from “an Outperform” to “a Strong buy”. Jefferies began covering IRON with “Buy” recommendation on October 23, 2024. Scotiabank started covering the stock on October 16, 2024. It rated IRON as “a Sector outperform”.
Price Performance Review of IRON
On Tuesday, Disc Medicine Inc [NASDAQ:IRON] saw its stock fall -2.03% to $53.53. Over the last five days, the stock has lost -2.01%. Disc Medicine Inc shares have fallen nearly -15.57% since the year began. Nevertheless, the stocks have fallen -17.62% over the past one year. While a 52-week high of $77.60 was reached on 01/02/25, a 52-week low of $25.60 was recorded on 02/18/25. SMA at 50 days reached $59.05, while 200 days put it at $50.48.
Levels Of Support And Resistance For IRON Stock
The 24-hour chart illustrates a support level at 52.77, which if violated will result in even more drops to 52.02. On the upside, there is a resistance level at 54.58. A further resistance level may holdings at 55.64. The Relative Strength Index (RSI) on the 14-day chart is 37.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.41%. Stochastics %K at 42.28% indicates the stock is a holding.
The most recent change occurred on August 22, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $75 price target.
