GEN Restaurant Group Inc’s recent filing unveils that its 10% Owner Manzanarez Jose acquired Company’s shares for reported $48280.0 on Mar 15 ’24. In the deal valued at $8.05 per share,6,000 shares were bought. As a result of this transaction, Manzanarez Jose now holds 130,093 shares worth roughly $1.3 million.
Then, Kim Don bought 6,000 shares, generating $48,280 in total proceeds. Upon buying the shares at $8.05, the 10% Owner now owns 130,093 shares.
Before that, Wang Lauren bought 6,000 shares. GEN Restaurant Group Inc shares valued at $48,280 were divested by the 10% Owner at a price of $8.05 per share. As a result of the transaction, Wang Lauren now holds 130,093 shares, worth roughly $1.3 million.
Price Performance Review of GENK
On Tuesday, GEN Restaurant Group Inc [NASDAQ:GENK] saw its stock fall -9.17% to $10.00. Over the last five days, the stock has lost -17.15%. GEN Restaurant Group Inc shares have risen nearly 27.71% since the year began. A total of 0.2 million shares were traded, compared to the trading of 0.14 million shares in the previous session.
Levels Of Support And Resistance For GENK Stock
The 24-hour chart illustrates a support level at 9.67, which if violated will result in even more drops to 9.33. On the upside, there is a resistance level at 10.67. A further resistance level may holdings at 11.33. The Relative Strength Index (RSI) on the 14-day chart is 50.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.21%. Stochastics %K at 39.13% indicates the stock is a holding.
How much short interest is there in GEN Restaurant Group Inc?
A steep rise in short interest was recorded in GEN Restaurant Group Inc stocks on Mar 28, 2024, dropping by 6730.0 shares to a total of 0.13 million shares. Yahoo Finance data shows the prior-month short interest on Feb 29, 2024 was 0.14 million shares. There was a decline of -5.2%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 2.93% of the overall stock float, the days-to-cover ratio (short ratio) fell to 0.84.
