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CryoPort Inc [CYRX] Investment Appeal on the Rise

CryoPort Inc’s recently made public that its Director Mandalam Ramkumar unloaded Company’s shares for reported $54978.0 on Dec 02 ’24. In the deal valued at $7.46 per share,7,369 shares were sold. As a result of this transaction, Mandalam Ramkumar now holds 59,497 shares worth roughly $0.28 million.

Then, Hariri Robert J sold 2,500 shares, generating $16,200 in total proceeds. Upon selling the shares at $6.48, the Director now owns 20,561 shares.

Before that, RAMKUMAR MANDALAM bought 7,369 shares. CryoPort Inc shares valued at $52,173 were divested by the Director at a price of $7.08 per share.

Guggenheim initiated its CryoPort Inc [CYRX] rating to a Buy in a research note published on December 19, 2024; the price target was $11. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in early August from “a Buy” to “a Hold”. B. Riley Securities also remained covering CYRX and has increased its forecast on July 31, 2024 with a “Buy” recommendation from previously “Neutral” rating. B. Riley Securities revised its rating on May 03, 2024. It rated CYRX as “a Neutral” which previously was an “a Buy”.

Price Performance Review of CYRX

On Monday, CryoPort Inc [NASDAQ:CYRX] saw its stock fall -24.56% to $4.70. Over the last five days, the stock has lost -1.98%. CryoPort Inc shares have fallen nearly -39.59% since the year began. Nevertheless, the stocks have fallen -72.77% over the past one year. While a 52-week high of $20.10 was reached on 01/07/25, a 52-week low of $4.58 was recorded on 03/04/25. SMA at 50 days reached $7.20, while 200 days put it at $7.95.

Levels Of Support And Resistance For CYRX Stock

The 24-hour chart illustrates a support level at 4.10, which if violated will result in even more drops to 3.49. On the upside, there is a resistance level at 5.86. A further resistance level may holdings at 7.01. The Relative Strength Index (RSI) on the 14-day chart is 33.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.16%. Stochastics %K at 50.37% indicates the stock is a holding.

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