PTC Therapeutics Inc’s recent filing unveils that its EVP & CHIEF MEDICAL OFFICER Golden Lee Scott unloaded Company’s shares for reported $42114.0 on Apr 02 ’25. In the deal valued at $46.95 per share,897 shares were sold. As a result of this transaction, Golden Lee Scott now holds 75,997 shares worth roughly $3.29 million.
Then, Golden Lee Scott bought 897 shares, generating $42,117 in total proceeds.
Before that, Pauwels Eric sold 6,762 shares. PTC Therapeutics Inc shares valued at $384,067 were divested by the CHIEF BUSINESS OFFICER at a price of $56.80 per share. As a result of the transaction, Pauwels Eric now holds 72,640 shares, worth roughly $3.14 million.
BofA Securities upgraded its PTC Therapeutics Inc [PTCT] rating to a Neutral from a an Underperform in a research note published on March 11, 2025; the price target was increased to $55 from $41. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in early March with a ‘”a Sector perform”‘ rating. Morgan Stanley also remained covering PTCT and has increased its forecast on December 13, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. RBC Capital Mkts revised its rating on December 03, 2024. It rated PTCT as “an Outperform” which previously was an “a Sector perform”.
Price Performance Review of PTCT
On Friday, PTC Therapeutics Inc [NASDAQ:PTCT] saw its stock fall -7.47% to $43.24. Over the last five days, the stock has lost -20.28%. PTC Therapeutics Inc shares have fallen nearly -4.21% since the year began. Nevertheless, the stocks have risen 49.10% over the past one year. While a 52-week high of $58.38 was reached on 03/17/25, a 52-week low of $24.00 was recorded on 01/14/25. SMA at 50 days reached $51.11, while 200 days put it at $41.69.
Levels Of Support And Resistance For PTCT Stock
The 24-hour chart illustrates a support level at 42.09, which if violated will result in even more drops to 40.95. On the upside, there is a resistance level at 45.27. A further resistance level may holdings at 47.31. The Relative Strength Index (RSI) on the 14-day chart is 28.77, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.27%. Stochastics %K at 11.62% indicates the stock is a buying.
How much short interest is there in PTC Therapeutics Inc?
A steep rise in short interest was recorded in PTC Therapeutics Inc stocks on 2025-03-14, growing by 0.61 million shares to a total of 4.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.7 million shares. There was a rise of 14.1%, which implies that there is a positive sentiment for the stock.
