Editas Medicine Inc’s recently made public that its EVP, CHIEF FINANCIAL OFFICER Lucera Erick unloaded Company’s shares for reported $7030.0 on Mar 04 ’25. In the deal valued at $1.71 per share,4,109 shares were sold. As a result of this transaction, Lucera Erick now holds 112,720 shares worth roughly $0.18 million.
Then, O’Neill Gilmore Neil sold 16,632 shares, generating $28,452 in total proceeds. Upon selling the shares at $1.71, the CEO now owns 295,474 shares.
Before that, Burkly Linda sold 2,891 shares. Editas Medicine Inc shares valued at $4,946 were divested by the EVP, CHIEF SCIENTIFIC OFFICER at a price of $1.71 per share. As a result of the transaction, Burkly Linda now holds 70,245 shares, worth roughly $0.11 million.
JP Morgan downgraded its Editas Medicine Inc [EDIT] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Hold”. Stifel also remained covering EDIT and has decreased its forecast on December 13, 2024 with a “Hold” recommendation from previously “Buy” rating. Chardan Capital Markets revised its rating on December 13, 2024. It rated EDIT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of EDIT
On Monday, Editas Medicine Inc [NASDAQ:EDIT] saw its stock fall -9.30% to $1.56. Over the last five days, the stock has lost -11.86%. Editas Medicine Inc shares have risen nearly 22.83% since the year began. Nevertheless, the stocks have fallen -82.82% over the past one year. While a 52-week high of $9.60 was reached on 02/19/25, a 52-week low of $1.12 was recorded on 02/11/25. SMA at 50 days reached $1.4820, while 200 days put it at $3.2640.
Levels Of Support And Resistance For EDIT Stock
The 24-hour chart illustrates a support level at 1.4900, which if violated will result in even more drops to 1.4200. On the upside, there is a resistance level at 1.6600. A further resistance level may holdings at 1.7600. The Relative Strength Index (RSI) on the 14-day chart is 46.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2619, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.75%. Stochastics %K at 14.96% indicates the stock is a buying.
