OLB Group Inc’s recent filing unveils that its Chairman and CEO YAKOV RONNY acquired Company’s shares for reported $0.6 million on Jan 16 ’24. In the deal valued at $0.77 per share,784,212 shares were bought. As a result of this transaction, YAKOV RONNY now holds 5,409,701 shares worth roughly $2.6 million.
Then, Smith Patrick G bought 392,106 shares, generating $300,000 in total proceeds. Upon buying the shares at $0.77, the Vice President now owns 642,929 shares.
Before that, YAKOV RONNY bought 8,115 shares. OLB Group Inc shares valued at $8,052 were divested by the Chairman and CEO at a price of $0.99 per share. As a result of the transaction, YAKOV RONNY now holds 4,625,489 shares, worth roughly $2.22 million.
Price Performance Review of OLB
On Monday, OLB Group Inc [NASDAQ:OLB] saw its stock jump 32.00% to $0.48. Over the last five days, the stock has gained 53.16%. OLB Group Inc shares have fallen nearly -55.02% since the year began. Nevertheless, the stocks have fallen -48.73% over the past one year. While a 52-week high of $1.17 was reached on 01/02/24, a 52-week low of $0.28 was recorded on 04/23/24. SMA at 50 days reached $0.5901, while 200 days put it at $0.7103. A total of 0.6 million shares were traded, compared to the trading of 0.12 million shares in the previous session.
Levels Of Support And Resistance For OLB Stock
The 24-hour chart illustrates a support level at 0.3779, which if violated will result in even more drops to 0.2789. On the upside, there is a resistance level at 0.5279. A further resistance level may holdings at 0.5789. The Relative Strength Index (RSI) on the 14-day chart is 49.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0352, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.83%. Stochastics %K at 29.40% indicates the stock is a holding.
