BurgerFi International Inc’s recently made public that its 10% Owner JOHN ROSATTI REVOCABLE TRUST unloaded Company’s shares for reported $11574.0 on Mar 25 ’24. In the deal valued at $0.58 per share,20,000 shares were sold. As a result of this transaction, JOHN ROSATTI REVOCABLE TRUST now holds 2,668,396 shares worth roughly $1.12 million.
Then, JOHN ROSATTI REVOCABLE TRUST sold 20,000 shares, generating $11,536 in total proceeds. Upon selling the shares at $0.58, the 10% Owner now owns 2,688,396 shares.
Before that, JOHN ROSATTI REVOCABLE TRUST sold 20,000 shares. BurgerFi International Inc shares valued at $11,760 were divested by the 10% Owner at a price of $0.59 per share. As a result of the transaction, JOHN ROSATTI REVOCABLE TRUST now holds 2,708,396 shares, worth roughly $1.14 million.
BTIG Research initiated its BurgerFi International Inc [BFI] rating to a Buy in a research note published on November 23, 2021; the price target was $11.
Price Performance Review of BFI
On Tuesday, BurgerFi International Inc [NASDAQ:BFI] saw its stock fall -4.37% to $0.42. Over the last five days, the stock has lost -13.85%. BurgerFi International Inc shares have fallen nearly -50.90% since the year began. Nevertheless, the stocks have fallen -64.82% over the past one year. While a 52-week high of $2.06 was reached on 01/08/24, a 52-week low of $0.43 was recorded on 04/16/24. SMA at 50 days reached $0.6015, while 200 days put it at $1.0559. A total of 0.32 million shares were traded, compared to the trading of 0.17 million shares in the previous session.
Levels Of Support And Resistance For BFI Stock
The 24-hour chart illustrates a support level at 0.3964, which if violated will result in even more drops to 0.3706. On the upside, there is a resistance level at 0.4440. A further resistance level may holdings at 0.4658. The Relative Strength Index (RSI) on the 14-day chart is 27.68, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0786, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.43%. Stochastics %K at 7.32% indicates the stock is a buying.
