Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Abeona Therapeutics Inc shares valued at $21,520 were sold by Alvino Mark on Jan 29 ’25. At $5.38 per share, Alvino Mark sold 4,000 shares. The insider’s holdings dropped to 64,334 shares worth approximately $0.33 million following the completion of this transaction.
Also, Alvino Mark purchased 4,000 shares, netting a total of over 21,640 in proceeds.
Before that, Alvino Mark had sold 4,000 shares from its account. In a trade valued at $20,400, the Director traded Abeona Therapeutics Inc shares for $5.10 each. Upon closing the transaction, the insider’s holdings decreased to 4,000 shares, worth approximately $0.35 million.
As published in their initiating research note from Oppenheimer on March 05, 2025, Abeona Therapeutics Inc [ABEO] has been an Outperform and the price target has been revised to $16. Analysts at H.C. Wainwright started covering the stock with ‘”a Buy”‘ outlook in a report released in early July. As of May 30, 2024, Stifel has initiated its “Buy” rating for ABEO. Earlier on November 11, 2020, Cantor Fitzgerald upgraded its rating. Their new recommendation was “an Overweight” for ABEO stock which previously was a “a Neutral”.
Analyzing ABEO Stock Performance
During the last five days, there has been a drop of approximately -2.65%. Over the course of the year, Abeona Therapeutics Inc shares have dropped approximately -7.72%. Shares of the company reached a 52-week high of $6.16 on 02/14/25 and a 52-week low of $4.91 on 03/04/25. A 50-day SMA is recorded $5.47, while a 200-day SMA reached $5.51.
Support And Resistance Levels for Abeona Therapeutics Inc (ABEO)
According to the 24-hour chart, there is a support level at 4.92, which, if violated, would cause prices to drop to 4.71. In the upper region, resistance lies at 5.38. The next price resistance is at 5.63. RSI (Relative Strength Index) is 42.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.07, which suggests the price will decrease in the coming days. Percent R is at 66.67%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
