Real Good Food Company Inc’s recently made public that its 10% Owner AWM Investment Company, Inc. unloaded Company’s shares for reported $0.46 million on Mar 01 ’24. In the deal valued at $1.10 per share,415,000 shares were sold. As a result of this transaction, AWM Investment Company, Inc. now holds 1,941,859 shares worth roughly $0.68 million.
Then, AWM Investment Company, Inc. sold 109,368 shares, generating $130,666 in total proceeds. Upon selling the shares at $1.19, the 10% Owner now owns 2,356,859 shares.
Before that, AWM Investment Company, Inc. sold 19,400 shares. Real Good Food Company Inc shares valued at $23,669 were divested by the 10% Owner at a price of $1.22 per share. As a result of the transaction, AWM Investment Company, Inc. now holds 2,466,227 shares, worth roughly $0.86 million.
B. Riley Securities downgraded its Real Good Food Company Inc [RGF] rating to a Neutral from a a Buy in a research note published on March 20, 2024; the price target was decreased to $0.50 from $6.
Price Performance Review of RGF
On Tuesday, Real Good Food Company Inc [NASDAQ:RGF] saw its stock fall -2.23% to $0.35. Over the last five days, the stock has lost -5.81%. Real Good Food Company Inc shares have fallen nearly -76.97% since the year began. Nevertheless, the stocks have fallen -91.21% over the past one year. While a 52-week high of $5.21 was reached on 01/03/24, a 52-week low of $0.30 was recorded on 03/22/24. SMA at 50 days reached $0.8467, while 200 days put it at $2.3764. A total of 0.32 million shares were traded, compared to the trading of 0.13 million shares in the previous session.
Levels Of Support And Resistance For RGF Stock
The 24-hour chart illustrates a support level at 0.3291, which if violated will result in even more drops to 0.3083. On the upside, there is a resistance level at 0.3733. A further resistance level may holdings at 0.3967. The Relative Strength Index (RSI) on the 14-day chart is 19.58, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0022, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.56%. Stochastics %K at 30.96% indicates the stock is a holding.
How much short interest is there in Real Good Food Company Inc?
A steep rise in short interest was recorded in Real Good Food Company Inc stocks on Mar 15, 2024, growing by 5940.0 shares to a total of 0.14 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 0.13 million shares. There was a rise of 4.31%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 0.82% of the overall stock float, the days-to-cover ratio (short ratio) rose to 0.34.
