Kala Bio Inc’s recent filing unveils that its CHIEF BUSINESS OFFICER Kharabi Darius unloaded Company’s shares for reported $15420.0 on Jan 06 ’25. In the deal valued at $7.63 per share,2,021 shares were sold. As a result of this transaction, Kharabi Darius now holds 67,807 shares worth roughly $0.29 million.
Then, Brazzell Romulus K sold 2,446 shares, generating $18,663 in total proceeds. Upon selling the shares at $7.63, the insider now owns 92,418 shares.
Before that, Iwicki Mark T sold 5,779 shares. Kala Bio Inc shares valued at $44,094 were divested by the CHIEF EXECUTIVE OFFICER at a price of $7.63 per share. As a result of the transaction, Iwicki Mark T now holds 280,076 shares, worth roughly $1.19 million.
JP Morgan downgraded its Kala Bio Inc [KALA] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early August from “an Overweight” to “a Neutral”. Jefferies also remained covering KALA and has decreased its forecast on September 14, 2020 with a “Hold” recommendation from previously “Buy” rating. Northland Capital started covering the stock on July 23, 2020. It rated KALA as “an Outperform”.
Price Performance Review of KALA
On Tuesday, Kala Bio Inc [NASDAQ:KALA] saw its stock jump 19.05% to $4.25. Over the last five days, the stock has gained 44.31%. Kala Bio Inc shares have fallen nearly -38.76% since the year began. Nevertheless, the stocks have fallen -31.23% over the past one year. While a 52-week high of $11.20 was reached on 02/10/25, a 52-week low of $2.92 was recorded on 04/22/25. SMA at 50 days reached $5.58, while 200 days put it at $6.40.
Levels Of Support And Resistance For KALA Stock
The 24-hour chart illustrates a support level at 3.49, which if violated will result in even more drops to 2.73. On the upside, there is a resistance level at 5.02. A further resistance level may holdings at 5.79. The Relative Strength Index (RSI) on the 14-day chart is 48.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.97%. Stochastics %K at 48.05% indicates the stock is a holding.
How much short interest is there in Kala Bio Inc?
A steep rise in short interest was recorded in Kala Bio Inc stocks on 2025-04-15, growing by 7923.0 shares to a total of 0.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 0.27 million shares. There was a rise of 2.8%, which implies that there is a positive sentiment for the stock.
