Amphastar Pharmaceuticals Inc’s filing revealed that its SENIOR EVP, PRODUCTION CENTER Zhou Rong unloaded Company’s shares for reported $0.36 million on Dec 13 ’24. In the deal valued at $45.23 per share,8,000 shares were sold. As a result of this transaction, Zhou Rong now holds 118,469 shares worth roughly $3.79 million.
Then, Zhou Rong sold 7,000 shares, generating $310,975 in total proceeds. Upon selling the shares at $44.42, the SENIOR EVP, PRODUCTION CENTER now owns 118,469 shares.
Before that, PRINS RICHARD K sold 10,000 shares. Amphastar Pharmaceuticals Inc shares valued at $437,702 were divested by the Director at a price of $43.77 per share. As a result of the transaction, PRINS RICHARD K now holds 30,471 shares, worth roughly $0.97 million.
Piper Sandler downgraded its Amphastar Pharmaceuticals Inc [AMPH] rating to a Neutral from a an Overweight in a research note published on February 04, 2025; the price target was decreased to $36 from $66. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late November with a ‘”an Equal weight”‘ rating. JP Morgan began covering AMPH with “an Overweight” recommendation on March 05, 2024. BofA Securities started covering the stock on November 17, 2023. It rated AMPH as “a Neutral”.
Price Performance Review of AMPH
On Tuesday, Amphastar Pharmaceuticals Inc [NASDAQ:AMPH] saw its stock fall -0.93% to $31.99. Over the last five days, the stock has gained 4.03%. Amphastar Pharmaceuticals Inc shares have fallen nearly -13.84% since the year began. Nevertheless, the stocks have fallen -38.37% over the past one year. While a 52-week high of $56.38 was reached on 01/15/25, a 52-week low of $30.34 was recorded on 02/18/25. SMA at 50 days reached $35.94, while 200 days put it at $42.36.
Levels Of Support And Resistance For AMPH Stock
The 24-hour chart illustrates a support level at 31.72, which if violated will result in even more drops to 31.45. On the upside, there is a resistance level at 32.41. A further resistance level may holdings at 32.83. The Relative Strength Index (RSI) on the 14-day chart is 35.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.43%. Stochastics %K at 44.59% indicates the stock is a holding.
