In a filing, Real Good Food Company Inc revealed 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 $0.7 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 $0.89 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 Friday, Real Good Food Company Inc [NASDAQ:RGF] saw its stock fall -0.44% to $0.36. Over the last five days, the stock has lost -0.99%. Real Good Food Company Inc shares have fallen nearly -76.42% since the year began. Nevertheless, the stocks have fallen -91.26% 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 $0.7973, while 200 days put it at $2.3313. A total of 0.54 million shares were traded, compared to the trading of 0.17 million shares in the previous session.
Levels Of Support And Resistance For RGF Stock
The 24-hour chart illustrates a support level at 0.3423, which if violated will result in even more drops to 0.3262. On the upside, there is a resistance level at 0.3772. A further resistance level may holdings at 0.3960. The Relative Strength Index (RSI) on the 14-day chart is 22.04, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0086, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.65%. Stochastics %K at 37.69% indicates the stock is a holding.
