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Rapport Therapeutics (NASDAQ:RAPP) Stock Price Up 5.7% - Should You Buy?

Rapport Therapeutics logo with Medical background

Rapport Therapeutics (NASDAQ:RAPP - Get Free Report) was up 5.7% on Wednesday . The stock traded as high as $20.16 and last traded at $20.16. Approximately 7,396 shares changed hands during trading, a decline of 95% from the average daily volume of 152,312 shares. The stock had previously closed at $19.07.

Rapport Therapeutics Stock Down 1.3 %

The stock has a 50-day simple moving average of $23.12.

Hedge Funds Weigh In On Rapport Therapeutics

Several institutional investors and hedge funds have recently added to or reduced their stakes in RAPP. Values First Advisors Inc. acquired a new position in shares of Rapport Therapeutics during the third quarter worth $31,000. BNP Paribas Financial Markets acquired a new position in Rapport Therapeutics during the 3rd quarter worth about $34,000. SG Americas Securities LLC bought a new stake in shares of Rapport Therapeutics in the 3rd quarter valued at about $101,000. Sandia Investment Management LP acquired a new stake in shares of Rapport Therapeutics in the second quarter valued at about $116,000. Finally, MetLife Investment Management LLC bought a new position in shares of Rapport Therapeutics during the third quarter worth about $117,000.

About Rapport Therapeutics

(Get Free Report)

Rapport Therapeutics Inc is a clinical-stage biotechnology company. It focused on discovery and development of transformational small molecule medicines for patients suffering from central nervous system disorders. Rapport Therapeutics Inc is based in BOSTON.

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