Cantaloupe Inc’s recent filing unveils that its Director Baird Lisa P. acquired Company’s shares for reported $18750.0 on Feb 13 ’24. In the deal valued at $6.25 per share,3,000 shares were bought. As a result of this transaction, Baird Lisa P. now holds 75,620 shares worth roughly $0.48 million.
Then, Venkatesan Ravi bought 7,749 shares, generating $49,981 in total proceeds. Upon buying the shares at $6.45, the Chief Executive Officer now owns 128,658 shares.
Before that, Harris Ian Jiro bought 4,250 shares. Cantaloupe Inc shares valued at $26,690 were divested by the Director at a price of $6.28 per share. As a result of the transaction, Harris Ian Jiro now holds 153,019 shares, worth roughly $0.97 million.
The Benchmark Company initiated its Cantaloupe Inc [CTLP] rating to a Buy in a research note published on February 23, 2024; the price target was $10. A number of analysts have revised their coverage, including Berenberg’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. B. Riley Securities began covering CTLP with “Buy” recommendation on August 17, 2023.
Price Performance Review of CTLP
On Tuesday, Cantaloupe Inc [NASDAQ:CTLP] saw its stock jump 1.12% to $6.33. Over the last five days, the stock has lost -1.40%. Cantaloupe Inc shares have fallen nearly -14.57% since the year began. Nevertheless, the stocks have risen 11.64% over the past one year. While a 52-week high of $8.28 was reached on 01/02/24, a 52-week low of $5.36 was recorded on 02/09/24. SMA at 50 days reached $6.40, while 200 days put it at $6.92. A total of 0.21 million shares were traded, compared to the trading of 0.38 million shares in the previous session.
Levels Of Support And Resistance For CTLP Stock
The 24-hour chart illustrates a support level at 6.24, which if violated will result in even more drops to 6.15. On the upside, there is a resistance level at 6.39. A further resistance level may holdings at 6.46. The Relative Strength Index (RSI) on the 14-day chart is 49.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.56%. Stochastics %K at 37.96% indicates the stock is a holding.
