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Stereotaxis Inc (STXS) rating initates by ROTH MKM

In a filing, Stereotaxis Inc revealed its Director Isaac Paul J acquired Company’s shares for reported $19023.0 on Dec 15 ’23. In the deal valued at $1.72 per share,11,060 shares were bought. As a result of this transaction, Isaac Paul J now holds 2,739,693 shares worth roughly $7.01 million.

Then, Isaac Paul J bought 2,808 shares, generating $4,380 in total proceeds. Upon buying the shares at $1.56, the Director now owns 2,728,633 shares.

Before that, Isaac Paul J bought 18 shares. Stereotaxis Inc shares valued at $27 were divested by the Director at a price of $1.50 per share. As a result of the transaction, Isaac Paul J now holds 2,725,825 shares, worth roughly $6.98 million.

ROTH MKM initiated its Stereotaxis Inc [STXS] rating to a Buy in a research note published on January 10, 2024; the price target was $5. A number of analysts have revised their coverage, including Aegis Capital’s analysts, who began to cover the stock in mid July with a ‘”a Buy”‘ rating. B. Riley Securities began covering STXS with “Buy” recommendation on June 23, 2022. Loop Capital started covering the stock on January 05, 2022. It rated STXS as “a Buy”.

Price Performance Review of STXS

On Tuesday, Stereotaxis Inc [AMEX:STXS] saw its stock jump 2.40% to $2.56. Over the last five days, the stock has lost -3.03%. Stereotaxis Inc shares have risen nearly 46.29% since the year began. Nevertheless, the stocks have risen 43.82% over the past one year. While a 52-week high of $3.29 was reached on 04/05/24, a 52-week low of $1.33 was recorded on 01/09/24. SMA at 50 days reached $2.70, while 200 days put it at $1.94. A total of 0.24 million shares were traded, compared to the trading of 0.18 million shares in the previous session.

Levels Of Support And Resistance For STXS Stock

The 24-hour chart illustrates a support level at 2.50, which if violated will result in even more drops to 2.44. On the upside, there is a resistance level at 2.64. A further resistance level may holdings at 2.73. The Relative Strength Index (RSI) on the 14-day chart is 44.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.88%. Stochastics %K at 9.34% indicates the stock is a buying.

The most recent change occurred on January 05, 2022 when Craig Hallum began covering the stock and recommended ‘”a Buy”‘ rating along with a $11 price target.

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