Monitoring Longeveron Inc (LGVN) after recent insider movements

Longeveron Inc’s recent filing unveils that its Chief Scientific Officer Hare Joshua acquired Company’s shares for reported $100000.0 on Apr 11 ’24. In the deal valued at $2.35 per share,42,553 shares were bought. As a result of this transaction, Hare Joshua now holds 633,280 shares worth roughly $1.86 million.

Then, Soffer Rock bought 31,915 shares, generating $75,000 in total proceeds. Upon buying the shares at $2.35, the Director now owns 208,534 shares.

Before that, Hashad Mohamed Wa’el Ahmed bought 10,638 shares. Longeveron Inc shares valued at $24,999 were divested by the Chief Executive Officer at a price of $2.35 per share. As a result of the transaction, Hashad Mohamed Wa’el Ahmed now holds 19,616 shares, worth roughly $57474.880000000005.

Price Performance Review of LGVN

On Monday, Longeveron Inc [NASDAQ:LGVN] saw its stock jump 73.37% to $2.93. Over the last five days, the stock has gained 36.28%. Longeveron Inc shares have fallen nearly -78.46% since the year began. Nevertheless, the stocks have fallen -89.57% over the past one year. While a 52-week high of $44.00 was reached on 01/02/24, a 52-week low of $1.62 was recorded on 04/12/24. SMA at 50 days reached $4.3200, while 200 days put it at $17.5200. A total of 56.7 million shares were traded, compared to the trading of 0.52 million shares in the previous session.

Levels Of Support And Resistance For LGVN Stock

The 24-hour chart illustrates a support level at 2.2500, which if violated will result in even more drops to 1.5700. On the upside, there is a resistance level at 3.5100. A further resistance level may holdings at 4.0900. The Relative Strength Index (RSI) on the 14-day chart is 44.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.3100, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.97%. Stochastics %K at 13.69% indicates the stock is a buying.

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