Caredx Inc’s recently made public that its Director Bickerstaff George unloaded Company’s shares for reported $0.37 million on Mar 10 ’25. In the deal valued at $18.36 per share,20,000 shares were sold. As a result of this transaction, Bickerstaff George now holds 103,027 shares worth roughly $1.99 million.
Then, GEORGE W BICKERSTAFF bought 20,000 shares, generating $367,102 in total proceeds.
Before that, Novack Jeffrey Adam sold 3,512 shares. Caredx Inc shares valued at $81,829 were divested by the Secretary and General Counsel at a price of $23.30 per share. As a result of the transaction, Novack Jeffrey Adam now holds 104,677 shares, worth roughly $2.02 million.
Wells Fargo upgraded its Caredx Inc [CDNA] rating to an Equal weight from a an Underweight in a research note published on January 15, 2025; the price target was decreased to $24 from $28. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late August with a ‘”an Underweight”‘ rating. BTIG Research also remained covering CDNA and has increased its forecast on August 19, 2024 with a “Buy” recommendation from previously “Neutral” rating. Raymond James revised its rating on May 13, 2024. It rated CDNA as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of CDNA
On Monday, Caredx Inc [NASDAQ:CDNA] saw its stock jump 1.96% to $19.27. Over the last five days, the stock has gained 6.52%. Caredx Inc shares have fallen nearly -10.00% since the year began. Nevertheless, the stocks have risen 83.00% over the past one year. While a 52-week high of $34.84 was reached on 01/14/25, a 52-week low of $7.42 was recorded on 03/13/25. SMA at 50 days reached $22.10, while 200 days put it at $22.84.
Levels Of Support And Resistance For CDNA Stock
The 24-hour chart illustrates a support level at 18.79, which if violated will result in even more drops to 18.30. On the upside, there is a resistance level at 19.55. A further resistance level may holdings at 19.82. The Relative Strength Index (RSI) on the 14-day chart is 42.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.76%. Stochastics %K at 19.96% indicates the stock is a buying.
How much short interest is there in Caredx Inc?
A steep rise in short interest was recorded in Caredx Inc stocks on 2025-02-28, growing by 0.72 million shares to a total of 5.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.46 million shares. There was a rise of 13.96%, which implies that there is a positive sentiment for the stock.
