Standard BioTools Inc’s recently made public that its Director Casdin Partners Master Fund, L acquired Company’s shares for reported $5.13 million on Feb 28 ’25. In the deal valued at $1.06 per share,4,820,959 shares were bought. As a result of this transaction, Casdin Partners Master Fund, L now holds 58,846,780 shares worth roughly $62.38 million.
Then, Black Jeffrey G. bought 57,971 shares, generating $123,098 in total proceeds.
Before that, Taich Adam bought 45,851 shares. Standard BioTools Inc shares valued at $91,725 were divested by the Former Officer at a price of $2.00 per share.
KeyBanc Capital Markets downgraded its Standard BioTools Inc [LAB] rating to a Sector weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in mid April with a ‘”a Buy”‘ rating. Jefferies began covering LAB with “Buy” recommendation on April 04, 2024. KeyBanc Capital Markets started covering the stock on July 12, 2023. It rated LAB as “an Overweight”.
Price Performance Review of LAB
On Tuesday, Standard BioTools Inc [NASDAQ:LAB] saw its stock jump 4.95% to $1.06. Over the last five days, the stock has lost -15.87%. Standard BioTools Inc shares have fallen nearly -39.43% since the year began. Nevertheless, the stocks have fallen -52.89% over the past one year. While a 52-week high of $3.04 was reached on 01/15/25, a 52-week low of $0.99 was recorded on 03/03/25. SMA at 50 days reached $1.5858, while 200 days put it at $1.8912.
Levels Of Support And Resistance For LAB Stock
The 24-hour chart illustrates a support level at 1.0100, which if violated will result in even more drops to 0.9600. On the upside, there is a resistance level at 1.1000. A further resistance level may holdings at 1.1400. The Relative Strength Index (RSI) on the 14-day chart is 30.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2032, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.54%. Stochastics %K at 10.02% indicates the stock is a buying.
