Meanwhile, Morgan Stanley downgraded its Galapagos NV ADR [GLPG] rating to an Underweight from a an Equal-weight in a research note published on February 14, 2025; the price target was decreased to $22 from $31. A number of analysts have revised their coverage, including Kepler’s analysts, who decreased its forecast for the stock in mid November from “a Hold” to “a Reduce”. Leerink Partners began covering GLPG with “Market perform” recommendation on September 09, 2024. Raymond James revised its rating on August 02, 2024. It rated GLPG as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of GLPG
On Tuesday, Galapagos NV ADR [NASDAQ:GLPG] saw its stock jump 7.06% to $26.84. Over the last five days, the stock has gained 2.17%. Galapagos NV ADR shares have fallen nearly -2.40% since the year began. Nevertheless, the stocks have fallen -6.71% over the past one year. While a 52-week high of $31.23 was reached on 01/08/25, a 52-week low of $22.36 was recorded on 02/10/25. SMA at 50 days reached $25.51, while 200 days put it at $26.63.
Levels Of Support And Resistance For GLPG Stock
The 24-hour chart illustrates a support level at 25.34, which if violated will result in even more drops to 23.84. On the upside, there is a resistance level at 27.73. A further resistance level may holdings at 28.63. The Relative Strength Index (RSI) on the 14-day chart is 59.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.54%. Stochastics %K at 32.77% indicates the stock is a holding.
