In a filing, QuidelOrtho Corporation revealed its Former COO The Bujarski 2007 Trust U/A Dt acquired Company’s shares for reported $4.76 million on Jan 06 ’25. In the deal valued at $47.50 per share,100,200 shares were bought.
Then, Blaser Brian J. bought 6,033 shares, generating $249,878 in total proceeds. Upon buying the shares at $41.42, the President and CEO now owns 6,033 shares.
Before that, Robert Bujarski bought 20,000 shares. QuidelOrtho Corporation shares valued at $808,000 were divested by the Former COO at a price of $40.40 per share.
Citigroup upgraded its QuidelOrtho Corporation [QDEL] rating to a Buy from a a Neutral in a research note published on December 11, 2024; the price target was increased to $50 from $44. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early December with a ‘”a Hold”‘ rating. Craig Hallum revised its rating on September 05, 2024. It rated QDEL as “a Buy” which previously was an “a Hold”.
Price Performance Review of QDEL
On Thursday, QuidelOrtho Corporation [NASDAQ:QDEL] saw its stock fall -0.40% to $25.17. Over the last five days, the stock has lost -4.73%. QuidelOrtho Corporation shares have fallen nearly -43.50% since the year began. Nevertheless, the stocks have fallen -37.54% over the past one year. While a 52-week high of $49.45 was reached on 01/07/25, a 52-week low of $24.85 was recorded on 04/17/25. SMA at 50 days reached $36.06, while 200 days put it at $39.97.
Levels Of Support And Resistance For QDEL Stock
The 24-hour chart illustrates a support level at 24.59, which if violated will result in even more drops to 24.01. On the upside, there is a resistance level at 25.60. A further resistance level may holdings at 26.03. The Relative Strength Index (RSI) on the 14-day chart is 27.61, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.30%. Stochastics %K at 7.87% indicates the stock is a buying.
How much short interest is there in QuidelOrtho Corporation?
A steep rise in short interest was recorded in QuidelOrtho Corporation stocks on 2025-03-31, dropping by -0.2 million shares to a total of 4.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 4.26 million shares. There was a decline of -4.98%, which implies that there is a negative sentiment for the stock.
