In a filing, Disc Medicine Inc revealed its Director Ashiya Mona unloaded Company’s shares for reported $0.31 million on Mar 24 ’25. In the deal valued at $54.11 per share,5,738 shares were sold. As a result of this transaction, Ashiya Mona now holds 186,541 shares worth roughly $9.26 million.
Then, ORBIMED ADVISORS LLC sold 5,738 shares, generating $310,483 in total proceeds. Upon selling the shares at $54.11, the Director now owns 186,541 shares.
Before that, Ashiya Mona sold 39,656 shares. Disc Medicine Inc shares valued at $2,142,217 were divested by the Director at a price of $54.02 per share. As a result of the transaction, Ashiya Mona now holds 188,981 shares, worth roughly $9.38 million.
TD Cowen initiated its Disc Medicine Inc [IRON] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early November from “an Equal-weight” to “an Overweight”. Raymond James also remained covering IRON and has increased its forecast on November 04, 2024 with a “Strong buy” recommendation from previously “an Outperform” rating. Jefferies started covering the stock on October 23, 2024. It rated IRON as “a Buy”.
Price Performance Review of IRON
On Monday, Disc Medicine Inc [NASDAQ:IRON] saw its stock fall -5.19% to $49.64. Over the last five days, the stock has lost -7.56%. Disc Medicine Inc shares have fallen nearly -21.70% since the year began. Nevertheless, the stocks have fallen -17.96% over the past one year. While a 52-week high of $68.73 was reached on 01/02/25, a 52-week low of $25.60 was recorded on 03/31/25. SMA at 50 days reached $54.54, while 200 days put it at $52.82.
Levels Of Support And Resistance For IRON Stock
The 24-hour chart illustrates a support level at 47.87, which if violated will result in even more drops to 46.10. On the upside, there is a resistance level at 51.59. A further resistance level may holdings at 53.55. The Relative Strength Index (RSI) on the 14-day chart is 34.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.70%. Stochastics %K at 27.86% indicates the stock is a holding.
How much short interest is there in Disc Medicine Inc?
A steep rise in short interest was recorded in Disc Medicine Inc stocks on 2025-03-14, dropping by -0.24 million shares to a total of 2.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.48 million shares. There was a decline of -10.88%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 16, 2024 when Scotiabank began covering the stock and recommended ‘”a Sector outperform”‘ rating .
