PaxMedica Inc’s recent filing unveils that its Director Rome Zachary unloaded Company’s shares for reported $389.0 on Jan 29 ’24. In the deal valued at $0.48 per share,811 shares were sold. As a result of this transaction, Rome Zachary now holds 15,148 shares worth roughly $11209.52.
Then, Weisman Howard J. sold 372 shares, generating $175 in total proceeds. Upon selling the shares at $0.47, the Chief Executive Officer now owns 37,675 shares.
Before that, LaRochelle Karen sold 78 shares. PaxMedica Inc shares valued at $37 were divested by the Director at a price of $0.48 per share. As a result of the transaction, LaRochelle Karen now holds 2,829 shares, worth roughly $2093.46.
Price Performance Review of PXMD
On Monday, PaxMedica Inc [NASDAQ:PXMD] saw its stock fall -11.80% to $0.74. Over the last five days, the stock has gained 57.11%. PaxMedica Inc shares have fallen nearly -2.25% since the year began. Nevertheless, the stocks have fallen -97.65% over the past one year. While a 52-week high of $38.93 was reached on 04/12/24, a 52-week low of $0.37 was recorded on 02/08/24. SMA at 50 days reached $0.5707, while 200 days put it at $4.1242. A total of 4.54 million shares were traded, compared to the trading of 114.29 million shares in the previous session.
Levels Of Support And Resistance For PXMD Stock
The 24-hour chart illustrates a support level at 0.6314, which if violated will result in even more drops to 0.5228. On the upside, there is a resistance level at 0.8393. A further resistance level may holdings at 0.9386. The Relative Strength Index (RSI) on the 14-day chart is 60.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1285, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.04%. Stochastics %K at 34.27% indicates the stock is a holding.
