Real Good Food Company Inc’s filing revealed that its 10% Owner AWM Investment Company, Inc. unloaded Company’s shares for reported $0.46 million on Mar 01 ’24. In the deal valued at $1.10 per share,415,000 shares were sold. As a result of this transaction, AWM Investment Company, Inc. now holds 1,941,859 shares worth roughly $1.65 million.
Then, AWM Investment Company, Inc. sold 109,368 shares, generating $130,666 in total proceeds. Upon selling the shares at $1.19, the 10% Owner now owns 2,356,859 shares.
Before that, AWM Investment Company, Inc. sold 19,400 shares. Real Good Food Company Inc shares valued at $23,669 were divested by the 10% Owner at a price of $1.22 per share. As a result of the transaction, AWM Investment Company, Inc. now holds 2,466,227 shares, worth roughly $2.1 million.
B. Riley Securities downgraded its Real Good Food Company Inc [RGF] rating to a Neutral from a a Buy in a research note published on March 20, 2024; the price target was decreased to $0.50 from $6.
Price Performance Review of RGF
On Friday, Real Good Food Company Inc [NASDAQ:RGF] saw its stock jump 37.32% to $0.85. Over the last five days, the stock has gained 227.81%. Real Good Food Company Inc shares have fallen nearly -44.08% since the year began. Nevertheless, the stocks have fallen -76.39% over the past one year. While a 52-week high of $5.21 was reached on 01/03/24, a 52-week low of $0.21 was recorded on 04/25/24. SMA at 50 days reached $0.5370, while 200 days put it at $2.0509. A total of 4.17 million shares were traded, compared to the trading of 10.16 million shares in the previous session.
Levels Of Support And Resistance For RGF Stock
The 24-hour chart illustrates a support level at 0.6796, which if violated will result in even more drops to 0.5092. On the upside, there is a resistance level at 0.9502. A further resistance level may holdings at 1.0504. The Relative Strength Index (RSI) on the 14-day chart is 79.98, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.2889, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 4.49%. Stochastics %K at 85.12% indicates the stock is a selling.
