DarioHealth Corp’s recent filing unveils that its Chief Commercial Officer Nelson Steven Charles acquired Company’s shares for reported $4546.0 on Nov 12 ’24. In the deal valued at $0.91 per share,5,000 shares were bought. As a result of this transaction, Nelson Steven Charles now holds 55,000 shares worth roughly $40150.0.
Then, Nelson Steven Charles bought 5,000 shares, generating $4,221 in total proceeds. Upon buying the shares at $0.84, the Chief Commercial Officer now owns 45,000 shares.
Before that, Nelson Steven Charles bought 5,000 shares. DarioHealth Corp shares valued at $4,022 were divested by the Chief Commercial Officer at a price of $0.80 per share. As a result of the transaction, Nelson Steven Charles now holds 50,000 shares, worth roughly $36500.0.
TD Cowen downgraded its DarioHealth Corp [DRIO] rating to a Hold from a a Buy in a research note published on January 29, 2025; the price target was decreased to $1 from $2. A number of analysts have revised their coverage, including Alliance Global Partners’s analysts, who increased its forecast for the stock in mid May from “a Neutral” to “a Buy”. Cowen began covering DRIO with “an Outperform” recommendation on April 22, 2021. Stifel started covering the stock on March 23, 2021. It rated DRIO as “a Buy”.
Price Performance Review of DRIO
On Friday, DarioHealth Corp [NASDAQ:DRIO] saw its stock jump 30.50% to $0.73. Over the last five days, the stock has gained 29.57%. DarioHealth Corp shares have fallen nearly -7.70% since the year began. Nevertheless, the stocks have fallen -44.61% over the past one year. While a 52-week high of $1.93 was reached on 01/07/25, a 52-week low of $0.50 was recorded on 04/09/25. SMA at 50 days reached $0.6535, while 200 days put it at $0.8567.
Levels Of Support And Resistance For DRIO Stock
The 24-hour chart illustrates a support level at 0.6216, which if violated will result in even more drops to 0.5175. On the upside, there is a resistance level at 0.7881. A further resistance level may holdings at 0.8505. The Relative Strength Index (RSI) on the 14-day chart is 60.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0050, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.52%. Stochastics %K at 47.49% indicates the stock is a holding.
How much short interest is there in DarioHealth Corp?
A steep rise in short interest was recorded in DarioHealth Corp stocks on 2025-03-31, growing by 0.12 million shares to a total of 2.7 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.58 million shares. There was a rise of 4.59%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 25, 2021 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $35 price target.
