Longeveron Inc’s recently made public that its Director Ross Cathy acquired Company’s shares for reported $6544.0 on Jan 10 ’24. In the deal valued at $1.31 per share,5,000 shares were bought. As a result of this transaction, Ross Cathy now holds 10,000 shares worth roughly $22000.0.
Then, Baluch Khoso bought 8,322 shares, generating $11,915 in total proceeds. Upon buying the shares at $1.43, the Director now owns 15,000 shares.
Before that, PFEFFER JEFFREY bought 10,000 shares. Longeveron Inc shares valued at $13,500 were divested by the Director at a price of $1.35 per share. As a result of the transaction, PFEFFER JEFFREY now holds 15,000 shares, worth roughly $33000.0.
Price Performance Review of LGVN
On Friday, Longeveron Inc [NASDAQ:LGVN] saw its stock jump 8.37% to $2.20. Over the last five days, the stock has lost -32.31%. Longeveron Inc shares have fallen nearly -83.82% since the year began. Nevertheless, the stocks have fallen -91.27% over the past one year. While a 52-week high of $44.00 was reached on 01/02/24, a 52-week low of $2.02 was recorded on 04/05/24. SMA at 50 days reached $4.84, while 200 days put it at $18.53. A total of 1.75 million shares were traded, compared to the trading of 99300.0 shares in the previous session.
Levels Of Support And Resistance For LGVN Stock
The 24-hour chart illustrates a support level at 1.94, which if violated will result in even more drops to 1.67. On the upside, there is a resistance level at 2.36. A further resistance level may holdings at 2.51. The Relative Strength Index (RSI) on the 14-day chart is 22.61, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.79%. Stochastics %K at 5.54% indicates the stock is a buying.
How much short interest is there in Longeveron Inc?
A steep rise in short interest was recorded in Longeveron Inc stocks on Mar 15, 2024, dropping by 13040.0 shares to a total of 15400.0 shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 28440.0 shares. There was a decline of -84.68%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 1.65% of the overall stock float, the days-to-cover ratio (short ratio) fell to 1.14.
