The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Atossa Therapeutics Inc shares valued at $32,500 were sold by WEAVER GREGORY L on Nov 15 ’23. At $0.65 per share, WEAVER GREGORY L sold 50,000 shares. The insider’s holdings dropped to 55 shares worth approximately $96.25 following the completion of this transaction.
As published in their initiating research note from Maxim Group on January 26, 2018, Atossa Therapeutics Inc [ATOS] has been a Buy and the price target has been revised to $2.
Analyzing ATOS Stock Performance
During the last five days, there has been a drop of approximately -13.58%. Over the course of the year, Atossa Therapeutics Inc shares have jumped approximately 98.86%. Shares of the company reached a 52-week high of $2.3100 on 04/05/24 and a 52-week low of $0.7744 on 01/25/24. A 50-day SMA is recorded $1.2787, while a 200-day SMA reached $0.9613. Nevertheless, trading volume fell to 1.64 million shares from 4.05 million shares the previous day.
Support And Resistance Levels for Atossa Therapeutics Inc (ATOS)
According to the 24-hour chart, there is a support level at 1.7067, which, if violated, would cause prices to drop to 1.6633. In the upper region, resistance lies at 1.8067. The next price resistance is at 1.8633. RSI (Relative Strength Index) is 55.69 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0661, which suggests the price will decrease in the coming days. Percent R is at 75.68%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
Is Atossa Therapeutics Inc subject to short interest?
Stocks of Atossa Therapeutics Inc saw a sharp rise in short interest on Mar 15, 2024 jumping by 1.44 million shares to 8.48 million. Data from Yahoo Finance shows that the short interest on Feb 15, 2024 was 7.04 million shares. A jump of 16.98% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 9.57 of the overall float, the days-to-cover ratio (short ratio) jumped to 9.57.
