Are Insiders Purchasing Their Own Shares of Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC)?

According to the latest filings, corporate insiders at Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC) have increased their position in the stock by 23.24% over the past 6 months.  Insiders now own 17.53% of total outstanding shares. 

Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC) stands -13.09% away from its 50-day simple moving average and also -8.52% away from the 200-day average.  Recently, the equity stands -59.91% away from the 52-week high and 43.28% from the 52-week low.  The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 44.54.


Wall Street analysts on the sell-side covering shares of Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC) have a mean recommendation of 2.00 on the shares.  This is based on a numerical chart where each stock recommendation (Buy,Sell,Hold) is translated into a numerical equivalent.  A low number indicates a Buy and a higher number a Sell.  In terms of where analysts see the stock headed, they have a consensus price target of $7.00  on the shares.

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