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Aldeyra Therapeutics Inc (ALDX) receives an Outperform rating from Oppenheimer

Aldeyra Therapeutics Inc’s recent filing unveils that its Chief Development Officer Machatha Stephen unloaded Company’s shares for reported $75975.0 on Aug 12 ’24. In the deal valued at $4.74 per share,16,041 shares were sold. As a result of this transaction, Machatha Stephen now holds 236,771 shares worth roughly $1.58 million.

Then, Greenberg Bruce sold 10,834 shares, generating $51,313 in total proceeds. Upon selling the shares at $4.74, the insider now owns 126,382 shares.

Before that, Greenberg Bruce bought 10,834 shares. Aldeyra Therapeutics Inc shares valued at $55,253 were divested by the Officer at a price of $5.10 per share.

Oppenheimer upgraded its Aldeyra Therapeutics Inc [ALDX] rating to an Outperform from a a Perform in a research note published recently. H.C. Wainwright started covering the stock on February 08, 2021. It rated ALDX as “a Buy”.

Price Performance Review of ALDX

On Friday, Aldeyra Therapeutics Inc [NASDAQ:ALDX] saw its stock jump 6.55% to $6.67. Over the last five days, the stock has gained 1.37%. Aldeyra Therapeutics Inc shares have risen nearly 33.67% since the year began. Nevertheless, the stocks have risen 128.42% over the past one year. While a 52-week high of $7.20 was reached on 03/12/25, a 52-week low of $3.10 was recorded on 01/13/25. SMA at 50 days reached $6.07, while 200 days put it at $5.14.

Levels Of Support And Resistance For ALDX Stock

The 24-hour chart illustrates a support level at 6.30, which if violated will result in even more drops to 5.94. On the upside, there is a resistance level at 6.88. A further resistance level may holdings at 7.10. The Relative Strength Index (RSI) on the 14-day chart is 54.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.48%. Stochastics %K at 24.20% indicates the stock is a holding.

How much short interest is there in Aldeyra Therapeutics Inc?

A steep rise in short interest was recorded in Aldeyra Therapeutics Inc stocks on 2025-03-14, growing by 0.32 million shares to a total of 3.99 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.68 million shares. There was a rise of 7.9%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on December 16, 2020 when Berenberg began covering the stock and recommended ‘”a Buy”‘ rating along with a $32 price target.

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