Zomedica Corp’s recent filing unveils that its Director POWERS JOHNNY D acquired Company’s shares for reported $16500.0 on Dec 15 ’23. In the deal valued at $0.17 per share,100,000 shares were bought. As a result of this transaction, POWERS JOHNNY D now holds 1,950 shares worth roughly $273.0.
Then, POWERS JOHNNY D bought 100,000 shares, generating $16,600 in total proceeds. Upon buying the shares at $0.17, the Director now owns 1,850,000 shares.
Before that, HEATON LARRY C II bought 100,000 shares. Zomedica Corp shares valued at $16,600 were divested by the CEO at a price of $0.17 per share. As a result of the transaction, HEATON LARRY C II now holds 200,000 shares, worth roughly $28000.000000000004.
Dawson James initiated its Zomedica Corp [ZOM] rating to a Buy in a research note published on January 06, 2023; the price target was $6.
Price Performance Review of ZOM
On Friday, Zomedica Corp [AMEX:ZOM] saw its stock fall -1.54% to $0.14. Over the last five days, the stock has lost -3.84%. Zomedica Corp shares have fallen nearly -29.92% since the year began. Nevertheless, the stocks have fallen -31.29% over the past one year. While a 52-week high of $0.25 was reached on 01/02/24, a 52-week low of $0.12 was recorded on 02/16/24. SMA at 50 days reached $0.1342, while 200 days put it at $0.1707. A total of 3.33 million shares were traded, compared to the trading of 3.6 million shares in the previous session.
Levels Of Support And Resistance For ZOM Stock
The 24-hour chart illustrates a support level at 0.1366, which if violated will result in even more drops to 0.1329. On the upside, there is a resistance level at 0.1445. A further resistance level may holdings at 0.1487. The Relative Strength Index (RSI) on the 14-day chart is 52.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0036, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.52%. Stochastics %K at 63.86% indicates the stock is a holding.
How much short interest is there in Zomedica Corp?
A steep rise in short interest was recorded in Zomedica Corp stocks on Mar 15, 2024, growing by 0.77 million shares to a total of 57.82 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 57.05 million shares. There was a rise of 1.33%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 6.00% of the overall stock float, the days-to-cover ratio (short ratio) rose to 9.47.
