While this happened, H.C. Wainwright reiterated its Protalix BioTherapeutics Inc [PLX] rating to a Buy in a research note published on June 08, 2020; the price target was $11. A number of analysts have revised their coverage, including Rodman & Renshaw’s analysts, who remained covering the stock and in mid April has reiterated a ‘”a Buy”‘ rating for it. Rodman & Renshaw began covering PLX with “Buy” recommendation on April 04, 2016. Jefferies revised its rating on April 23, 2015. It rated PLX as “a Buy” which previously was an “a Hold”.
Price Performance Review of PLX
On Friday, Protalix BioTherapeutics Inc [AMEX:PLX] saw its stock fall -40.48% to $1.72. Over the last five days, the stock has lost -42.67%. Protalix BioTherapeutics Inc shares have fallen nearly -8.51% since the year began. Nevertheless, the stocks have risen 50.88% over the past one year. While a 52-week high of $3.10 was reached on 05/01/25, a 52-week low of $0.82 was recorded on 05/09/25. SMA at 50 days reached $2.5318, while 200 days put it at $1.7868.
Levels Of Support And Resistance For PLX Stock
The 24-hour chart illustrates a support level at 1.4967, which if violated will result in even more drops to 1.2733. On the upside, there is a resistance level at 2.1667. A further resistance level may holdings at 2.6133. The Relative Strength Index (RSI) on the 14-day chart is 27.24, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.3224, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 100.00%. Stochastics %K at 53.33% indicates the stock is a holding.
The most recent change occurred on November 12, 2014 when R. F. Lafferty resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $5.
