Intuitive Machines Inc’s recent filing unveils that its 10% Owner SHANON GUY unloaded Company’s shares for reported $1.11 million on Feb 22 ’24. In the deal valued at $8.99 per share,123,717 shares were sold. As a result of this transaction, SHANON GUY now holds 1,302,673 shares worth roughly $7.26 million.
Then, SHANON GUY sold 236,283 shares, generating $2,959,137 in total proceeds. Upon selling the shares at $12.52, the 10% Owner now owns 1,426,390 shares.
Cantor Fitzgerald initiated its Intuitive Machines Inc [LUNR] rating to an Overweight in a research note published on May 19, 2023; the price target was $11. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. Canaccord Genuity began covering LUNR with “Buy” recommendation on February 27, 2023.
Price Performance Review of LUNR
On Monday, Intuitive Machines Inc [NASDAQ:LUNR] saw its stock unchanged to $5.57. Over the last five days, the stock has gained 1.09%. Intuitive Machines Inc shares have risen nearly 118.00% since the year began. Nevertheless, the stocks have fallen -23.70% over the past one year. While a 52-week high of $13.25 was reached on 02/21/24, a 52-week low of $2.09 was recorded on 01/04/24. SMA at 50 days reached $5.60, while 200 days put it at $4.57. A total of 2.05 million shares were traded, compared to the trading of 1.46 million shares in the previous session.
Levels Of Support And Resistance For LUNR Stock
The 24-hour chart illustrates a support level at 5.44, which if violated will result in even more drops to 5.30. On the upside, there is a resistance level at 5.77. A further resistance level may holdings at 5.96. The Relative Strength Index (RSI) on the 14-day chart is 52.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.26%. Stochastics %K at 67.18% indicates the stock is a holding.
