Micromobility.com Inc.’s filing revealed that its Chief Executive Officer Palella Salvatore acquired Company’s shares for reported $10845.0 on May 10. In the deal valued at $0.69 per share,15,722 shares were bought. As a result of this transaction, Palella Salvatore now holds 240,301 shares worth roughly $ 16821.070000000003.
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Price Performance Review of MCOM
On Friday, Micromobility.com Inc. [NASDAQ:MCOM] saw its stock fall -3.76% to $0.07. On the same session, the stock had its day’s lowest price of $0.066, but rose to a high of $0.0711. Over the last five days, the stock has lost -16.87%. Micromobility.com Inc. shares have fallen nearly -98.98% since the year began. Nevertheless, the stocks have fallen -99.80% over the past one year. While a 52-week high of $35.49 was reached on 01/24/23, a 52-week low of $0.06 was recorded on 08/23/23. SMA at 50 days reached $0.0896, while 200 days put it at $4.3030. A total of 13.87 million shares were traded, compared to the trading of 21.19 million shares in the previous session.
Levels Of Support And Resistance For MCOM Stock
The 24-hour chart illustrates a support level at 0.0646, which if violated will result in even more drops to 0.0628. On the upside, there is a resistance level at 0.0697. A further resistance level may holdings at 0.0730. The Relative Strength Index (RSI) on the 14-day chart is 39.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0011, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.80%. Stochastics %K at 21.28% indicates the stock is a holding.
How much short interest is there in Micromobility.com Inc.?
A steep rise in short interest was recorded in Micromobility.com Inc. stocks on Aug 14, 2023, growing by 5.61 million shares to a total of 6.9 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 1.29 million shares. There was a rise of 81.3%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 5.31% of the overall stock float, the days-to-cover ratio (short ratio) rose to 0.41.
Micromobility.com Inc. [MCOM] – Who Are The Largest Shareholders?
In filings from Cubist Systematic Strategies LLC, it is revealed that the company now owns 87,916 shares, or roughly 0.76% of the outstanding MCOM shares.. Over the last quarter, Millennium Management LLC purchased 85,268 shares of Micromobility.com Inc., while The Vanguard Group, Inc. bought 31,556 shares. At present, HRT Financial LLC is holding 60,963 shares valued at $5060.0. Baader Bank AG owned 51,000 shares of the company at the time of its most recent 13F filing, worth $4233.0.
According to FactSet, Micromobility.com Inc.’s share price will average $13.00 in the next year, based on opinions of analysts polled by the firm. This is up nearly 18471.43 percent from its previous closing price of $0.07. Analysts expect Micromobility.com Inc. stock to reach the higher price of $13.00, while the lowest price estimate is $13.00. However, 1 analyst have rated MCOM stock as a Buy in their predictions for 2023.