2seventy bio Inc’s recently made public that its insider Snow Jessica unloaded Company’s shares for reported $14289.0 on Jan 06 ’25. In the deal valued at $2.79 per share,5,114 shares were sold. As a result of this transaction, Snow Jessica now holds 147,365 shares worth roughly $0.41 million.
Then, Snow Jessica sold 1,000 shares, generating $2,936 in total proceeds. Upon selling the shares at $2.94, the insider now owns 152,479 shares.
Before that, Snow Jessica sold 186 shares. 2seventy bio Inc shares valued at $491 were divested by the insider at a price of $2.64 per share. As a result of the transaction, Snow Jessica now holds 147,179 shares, worth roughly $0.41 million.
Goldman downgraded its 2seventy bio Inc [TSVT] rating to a Sell from a a Neutral in a research note published on June 06, 2024; the price target was decreased to $2 from $5. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who increased its forecast for the stock in late January from “a Market perform” to “an Outperform”. TD Cowen also remained covering TSVT and has decreased its forecast on January 31, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. Leerink Partners revised its rating on October 30, 2023. It rated TSVT as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of TSVT
On Monday, 2seventy bio Inc [NASDAQ:TSVT] saw its stock jump 5.26% to $2.80. Over the last five days, the stock has gained 12.90%. 2seventy bio Inc shares have fallen nearly -4.76% since the year began. Nevertheless, the stocks have fallen -50.62% over the past one year. While a 52-week high of $5.99 was reached on 01/02/25, a 52-week low of $2.29 was recorded on 02/10/25. SMA at 50 days reached $2.63, while 200 days put it at $3.89.
Levels Of Support And Resistance For TSVT Stock
The 24-hour chart illustrates a support level at 2.61, which if violated will result in even more drops to 2.41. On the upside, there is a resistance level at 2.94. A further resistance level may holdings at 3.07. The Relative Strength Index (RSI) on the 14-day chart is 55.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 15.09%. Stochastics %K at 80.87% indicates the stock is a selling.
The most recent change occurred on October 12, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $13 price target.
