Comstock Inc’s recent filing unveils that its Director Drozdoff Leo M acquired Company’s shares for reported $18600.0 on Nov 09 ’23. In the deal valued at $0.47 per share,40,000 shares were bought. As a result of this transaction, Drozdoff Leo M now holds 400,000 shares worth roughly $0.14 million.
Then, MCCARTHY WILLIAM JOSEPH bought 24,000 shares, generating $9,744 in total proceeds. Upon buying the shares at $0.41, the Chief Operating Officer now owns 1,524,000 shares.
Before that, MCCARTHY WILLIAM JOSEPH bought 3,000 shares. Comstock Inc shares valued at $1,207 were divested by the Chief Operating Officer at a price of $0.40 per share. As a result of the transaction, MCCARTHY WILLIAM JOSEPH now holds 1,527,000 shares, worth roughly $0.52 million.
Singular Research initiated its Comstock Inc [LODE] rating to a Buy in a research note published on April 23, 2014; the price target was $2.25. A number of analysts have revised their coverage, including Global Hunter Securities’s analysts, who began to cover the stock in mid March with a ‘”a Speculative buy”‘ rating.
Price Performance Review of LODE
On Monday, Comstock Inc [AMEX:LODE] saw its stock jump 1.52% to $0.34. Over the last five days, the stock has lost -11.45%. Comstock Inc shares have fallen nearly -38.87% since the year began. Nevertheless, the stocks have risen 5.02% over the past one year. While a 52-week high of $0.99 was reached on 01/03/24, a 52-week low of $0.31 was recorded on 04/05/24. SMA at 50 days reached $0.4192, while 200 days put it at $0.4830. A total of 1.57 million shares were traded, compared to the trading of 1.02 million shares in the previous session.
Levels Of Support And Resistance For LODE Stock
The 24-hour chart illustrates a support level at 0.3150, which if violated will result in even more drops to 0.2950. On the upside, there is a resistance level at 0.3650. A further resistance level may holdings at 0.3950. The Relative Strength Index (RSI) on the 14-day chart is 37.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0198, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.87%. Stochastics %K at 10.34% indicates the stock is a buying.
How much short interest is there in Comstock Inc?
A steep rise in short interest was recorded in Comstock Inc stocks on Mar 15, 2024, growing by 0.25 million shares to a total of 0.63 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 0.39 million shares. There was a rise of 39.26%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 0.60% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.08.
