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RBC Capital Mkts initates BeiGene Ltd. ADR (ONC) rating to an Outperform

BeiGene Ltd. ADR’s filing revealed that its Chair, Scientific Advisory Brd Wang Xiaodong unloaded Company’s shares for reported $10.13 million on Apr 14 ’25. In the deal valued at $242.66 per share,41,760 shares were sold. As a result of this transaction, Wang Xiaodong now holds 0 shares worth roughly $0.0.

Then, XIAODONG WANG bought 125,280 shares, generating $28,859,501 in total proceeds.

Before that, Wu Xiaobin sold 51,921 shares. BeiGene Ltd. ADR shares valued at $14,610,370 were divested by the President, COO & GM China at a price of $281.40 per share. As a result of the transaction, Wu Xiaobin now holds 0 shares, worth roughly $0.0.

RBC Capital Mkts initiated its BeiGene Ltd. ADR [ONC] rating to an Outperform in a research note published on April 07, 2025; the price target was $312. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early March from “a Neutral” to “a Buy”. JMP Securities started covering the stock on September 18, 2024. It rated ONC as “a Mkt outperform”.

Price Performance Review of ONC

On Thursday, BeiGene Ltd. ADR [NASDAQ:ONC] saw its stock jump 1.24% to $230.98. Over the last five days, the stock has gained 10.88%. BeiGene Ltd. ADR shares have risen nearly 25.05% since the year began. Nevertheless, the stocks have risen 72.31% over the past one year. While a 52-week high of $287.88 was reached on 02/27/25, a 52-week low of $126.97 was recorded on 01/08/25. SMA at 50 days reached $246.48, while 200 days put it at $207.69.

Levels Of Support And Resistance For ONC Stock

The 24-hour chart illustrates a support level at 227.53, which if violated will result in even more drops to 224.09. On the upside, there is a resistance level at 234.29. A further resistance level may holdings at 237.60. The Relative Strength Index (RSI) on the 14-day chart is 45.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.63%. Stochastics %K at 41.28% indicates the stock is a holding.

How much short interest is there in BeiGene Ltd. ADR?

A steep rise in short interest was recorded in BeiGene Ltd. ADR stocks on 2025-03-31, dropping by -0.93 million shares to a total of 1.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.52 million shares. There was a decline of -57.92%, which implies that there is a negative sentiment for the stock.

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