In yesterday’s Wall Street session, Seres Therapeutics Inc (NASDAQ:MCRB) shares traded at $0.96, up 1.61% from the previous session.
MCRB stock price is now -4.87% away from the 50-day moving average and -2.71% away from the 200-day moving average. The market capitalization of the company currently stands at $146.48M.
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On April 21, 2023, JP Morgan recently initiated its ‘Neutral’ rating on the stock quoting a target price of $7, while ‘Goldman’ rates the stock as ‘Sell’
In other news, DesRosier Thomas, Chief Legal Officer and EVP sold 873 shares of the company’s stock on Aug 16 ’24. The stock was sold for $733 at an average price of $0.84. Upon completion of the transaction, the Chief Legal Officer and EVP now directly owns 124,173 shares in the company, valued at $0.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 16 ’24, von Moltke Lisa sold 973 shares of the business’s stock. A total of $817 was realized by selling the stock at an average price of $0.84. This leaves the insider owning 21,013 shares of the company worth $20172.48. A total of 20.78% of the company’s stock is owned by insiders.
During the past 12 months, Seres Therapeutics Inc has had a low of $0.54 and a high of $2.38. The fifty day moving average price for MCRB is $1.00514 and a two-hundred day moving average price translates $0.987635 for the stock.
The latest earnings results from Seres Therapeutics Inc (NASDAQ: MCRB) was released for 2024-06-30. The net profit margin was -43343.58% and return on equity was -538.57% for MCRB.
