Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Lifecore Biomedical Inc shares valued at $97,580 were purchased by Josephs Paul on Jan 08 ’25. At $5.74 per share, Josephs Paul acquired 17,000 shares. The insider’s holdings grew to 559,717 shares worth approximately $3.59 million following the completion of this transaction.
Also, Morberg John D purchased 10,000 shares, netting a total of over 71,691 in proceeds.
Before that, Morberg John D had added 30,990 shares to its account. In a trade valued at $205,803, the Former officer bought Lifecore Biomedical Inc shares for $6.64 each.
As published in their initiating research note from Craig Hallum on September 05, 2024, Lifecore Biomedical Inc [LFCR] has been a Buy and the price target has been revised to $8. Analysts at Barrington Research downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in late August. As of March 20, 2023, Stephens has decreased its “an Overweight” rating to a “an Equal-weight” for LFCR.
Analyzing LFCR Stock Performance
During the last five days, there has been a surge of approximately 12.07%. Over the course of the year, Lifecore Biomedical Inc shares have dropped approximately -13.80%. Shares of the company reached a 52-week high of $7.69 on 01/03/25 and a 52-week low of $4.76 on 04/07/25. A 50-day SMA is recorded $6.16, while a 200-day SMA reached $5.95.
Support And Resistance Levels for Lifecore Biomedical Inc (LFCR)
According to the 24-hour chart, there is a support level at 6.25, which, if violated, would cause prices to drop to 6.10. In the upper region, resistance lies at 6.55. The next price resistance is at 6.70. RSI (Relative Strength Index) is 52.80 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.14, which suggests the price will decrease in the coming days. Percent R is at 36.24%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
