In a filing, GSK Plc ADR revealed its 10% Owner GSK plc acquired Company’s shares for reported $22.34 million on Sep 27 ’24. In the deal valued at $8.00 per share,2,791,930 shares were bought. As a result of this transaction, GSK plc now holds 16,775,691 shares worth roughly $614.49 million.
Exane BNP Paribas initiated its GSK Plc ADR [GSK] rating to a Neutral in a research note published on April 15, 2025; the price target was $35.25. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in mid February with a ‘”an Equal-weight”‘ rating. Deutsche Bank also remained covering GSK and has decreased its forecast on November 15, 2024 with a “Hold” recommendation from previously “Buy” rating. Jefferies revised its rating on November 12, 2024. It rated GSK as “a Hold” which previously was an “a Buy”.
Price Performance Review of GSK
On Tuesday, GSK Plc ADR [NYSE:GSK] saw its stock jump 0.49% to $36.63. Over the last five days, the stock has gained 3.83%. GSK Plc ADR shares have risen nearly 8.31% since the year began. Nevertheless, the stocks have fallen -6.72% over the past one year. While a 52-week high of $45.92 was reached on 03/10/25, a 52-week low of $31.72 was recorded on 01/14/25. SMA at 50 days reached $37.52, while 200 days put it at $37.71.
Levels Of Support And Resistance For GSK Stock
The 24-hour chart illustrates a support level at 36.14, which if violated will result in even more drops to 35.65. On the upside, there is a resistance level at 37.05. A further resistance level may holdings at 37.47. The Relative Strength Index (RSI) on the 14-day chart is 49.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.45%. Stochastics %K at 58.23% indicates the stock is a holding.
How much short interest is there in GSK Plc ADR?
A steep rise in short interest was recorded in GSK Plc ADR stocks on 2025-03-31, dropping by -2.31 million shares to a total of 16.2 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 18.51 million shares. There was a decline of -14.24%, which implies that there is a negative sentiment for the stock.
