Augmedix Inc’s filing revealed that its CHIEF STRATEGY OFFICER Shakil Ian unloaded Company’s shares for reported $0.15 million on Apr 08 ’24. In the deal valued at $3.97 per share,37,780 shares were sold. As a result of this transaction, Shakil Ian now holds 3,000 shares worth roughly $12179.999999999998.
Then, Shakil Ian sold 51,387 shares, generating $207,233 in total proceeds. Upon selling the shares at $4.03, the CHIEF STRATEGY OFFICER now owns 12,217 shares.
Before that, Shakil Ian sold 64,055 shares. Augmedix Inc shares valued at $265,854 were divested by the CHIEF STRATEGY OFFICER at a price of $4.15 per share. As a result of the transaction, Shakil Ian now holds 31,610 shares, worth roughly $0.13 million.
A number of analysts have revised their coverage, including Evercore ISI’s analysts, who began to cover the stock in mid December with a ‘”an In-line”‘ rating.
Price Performance Review of AUGX
On Tuesday, Augmedix Inc [NASDAQ:AUGX] saw its stock jump 1.00% to $4.06. Over the last five days, the stock has gained 1.00%. Augmedix Inc shares have fallen nearly -30.60% since the year began. Nevertheless, the stocks have risen 137.43% over the past one year. While a 52-week high of $6.25 was reached on 01/02/24, a 52-week low of $1.50 was recorded on 03/18/24. SMA at 50 days reached $4.17, while 200 days put it at $4.79. A total of 0.22 million shares were traded, compared to the trading of 0.42 million shares in the previous session.
Levels Of Support And Resistance For AUGX Stock
The 24-hour chart illustrates a support level at 3.99, which if violated will result in even more drops to 3.91. On the upside, there is a resistance level at 4.21. A further resistance level may holdings at 4.35. The Relative Strength Index (RSI) on the 14-day chart is 50.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.00%. Stochastics %K at 60.17% indicates the stock is a holding.
How much short interest is there in Augmedix Inc?
A steep rise in short interest was recorded in Augmedix Inc stocks on Mar 15, 2024, growing by 19140.0 shares to a total of 0.75 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 0.73 million shares. There was a rise of 2.56%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 2.73% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.57.
